The global 4K display resolution market size reached US$ 67.97 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 220.93 Billion by 2027 exhibiting a growth rate (CAGR) of 21.50% during 2022-2027.
4K display resolution represents horizontal display resolution systems consisting of approximately 4,000 pixels which is about four times the pixel density as that of high definition (HD) models. In terms of product types, they can be categorized into monitors, smart TVs, smartphones, etc. 4K display resolution screens offer wider color space, high frame rate (HFR), increased dynamic range (DR), and allow users to see details that remain invisible to any other video format. Consequently, they find extensive applications across several sectors, such as education, aerospace, retail, defense, media and entertainment, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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4K Display Resolution Market Trends:
The emerging trend of flat-screen television (TVs) across countries is primarily driving the 4K display resolution market. Moreover, the increasing adoption of telemedicine for allowing healthcare professionals to diagnose, evaluate, and treat patients at a distance using telecommunications technology is acting as another significant growth-inducing factor.
In line with this, the growing need for 4K projectors and displays that generates a virtual environment where the doctors can interact with simulated patients is also positively influencing the market growth. Besides this, the expanding incorporation of the technology in cameras that click photos and capture videos in HD is further catalyzing the global market.
Additionally, the elevating reliance on smartphones with quality resolution screens and the rising demand for advanced consoles that facilitate an improved and immersive gaming experience are anticipated to bolster the 4K display resolution market in the coming years.
The report has been segmented the market into following categories:
Breakup by Product Type:
- Smart TV
Breakup by End User:
- Aerospace and Defence
- Business and Education
- Entertainment and Media
- Retail and Advertisement
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- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
List of Major Key Players:
The major players in the market are
- AU Optronics Corp.
- Boe Technology Group Co. Ltd.
- Canon Inc.
- EIZO Corporation
- Haier Group Corporation
- Innolux Corporation
- Koninklijke Philips N.V.
- LG Electronics Inc. (LG Corporation)
- Panasonic Corporation
- Samsung Electronics Co. Ltd.
- Sharp Corporation
- Sony Group Corporation.
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