The global 8k tv technology market is expected to reach a market size of USD 117.55 Billion by 2028 and register a robust revenue CAGR, according to latest analysis by Emergen Research.
Increasing demand for high-resolution television experience is among some other key factors driving growth of the global 8k tv technology market currently, and the trend is expected to continue over the forecast period. Growing availability of various products to empower 8K content creation is expected to further propel global 8k tv technology market growth. Increasing research & development activities for advancements in display technology is also expected to boost market growth going forward.
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Competitive Outlook:
The global 8k tv technology market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global 8k tv technology market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
Dell Technologies Inc., Sony Corporation, Panasonic Corporation, Samsung Electronics Co., Ltd., Canon Inc., BOE Japan Co., Ltd., LG Electronics Inc., Sharp Corporation, Red.com LLC, and JVCKENWOOD Corporation
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Emergen Research has segmented the global 8k tv technology market on the basis of product, resolution, end-use, and region.
Product Outlook (Revenue, USD Billion; 2021–2028)
Projector
Television
Organic Light-Emitting Diodes (OLED)
Light-Emitting Diode (LED)
Liquid-Crystal Display (LCD)
Quantum Dot Liquid Crystal Displays (QD-LCD)
Micro-LED
Monitor & Notebook
Camera
Resolution Outlook (Revenue, USD Billion; 2021–2028)
7680 x 4320
8192 x 8192
8192 x 5120
8192 x 4320
End-use Outlook (Revenue, USD Billion; 2021–2028)
Hospitality
Education
Defense
Retail
Healthcare
Sports
Entertainment
Key Highlights of Report
Increasing technological advancements in televisions and monitors to improve visual experience is supporting high sales of these products and driving revenue growth of the television segment currently. This segment is expected to register a significantly high revenue CAGR of 53.4% over the forecast period.
Among the resolution segments, the 7680 x 4320 resolution segment is expected to lead in terms of revenue contribution to the global 8k tv technology market during the forecast period. This can be attributed to increasing usage of 7680 x 4320 resolution in 8K televisions.
In terms of revenue, the entertainment segment is expected to lead due to increasing adoption of 8k tv technology in the film industry to ensure better picture quality and enhance viewer experience.
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Benefits of Buying the Global 8k tv technology Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global 8k tv technology Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global 8k tv technology Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global 8k tv technology Market
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