4K Display Resolution Market – Industry Analysis and Forecast (2017-2024) _ by Product Type (Smart TVs, Monitors, Camcorders, Digital Cameras, Smartphone & Tablets, and Projectors), by Resolution (3840 X2160 Resolution, 3996×2160 Resolution, 4096×2160 Resolution, 5120×2160 Resolution, 5120×3200 Resolution), by Formats (VP9, VC-8150, H.264, and H.265 (HEVC)), by Application (Entertainment, Consumer Electronics, Retail and Advertisement, Aerospace and Defense, and Business and Education), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)
4K resolution, known as 4K, refers to the horizontal screen display resolution present in the order of 4,000 pixels. There are numerous 4K resolutions available in the fields of digital television and digital cinematography.
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4K Display Resolution Market valued USD 35.75 Billion in 2016 and expected to reach USD 225.67 Billion by 2024, at a CAGR of 25.9%.
Report includes assessment of 4K Display Resolution Market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the product type, resolution, formats, application, and geography to assist in strategic business planning.
The growing proliferation of electronic devices, rise in technological know-how, along with shifting consumer preferences are some of the major factors that are driving the growth of 4K Display Resolution Market. However, it is the high costs of 4K TVs, and high initial cost of manufacturing that forms some of the key factors restraining market growth.
The Smart TV segment is expected to witness huge market growth and a large market share:
The application of smart TV for different functions which is different from the normal television sets remain a key driver for the growth of smart TV segment globally in 4K Display Resolution Market.
Asia Pacific is expected to hold a major chunk of the market during the forecast period:
Asia Pacific remains one of the fastest growing segment and also the largest for the global 4K Display Resolution Market. The fall in unit prices of the raw materials present in the Asia Pacific region along with rise in demand from the middle-class population remains some of the key reasons for the Asia Pacific market to hold the largest market share.
Scope of the Report:
4K Display Resolution Market, by Product Type: Smart TVs, Monitors, Camcorders, Digital Cameras, Smartphone & Tablets, and Projectors
4K Display Resolution Market, by Resolution: 3840 X2160 Resolution, 3996×2160 Resolution, 4096×2160 Resolution, 5120×2160 Resolution, 5120×3200 Resolution
4K Display Resolution Market, by Formats: VP9, VC-8150, H.264, and H.265 (HEVC)
4K Display Resolution Market, By Application: Entertainment, Consumer Electronics, Retail and Advertisement, Aerospace and Defense, and Business and Education
4K Display Resolution Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
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