DUBLIN–(BUSINESS WIRE)–The “4K Display Resolution Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global 4K display resolution market reached a value of US$ 67.97 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 220.93 Billion by 2027, exhibiting a CAGR of 21.71% during 2021-2027.
Companies Mentioned
- 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
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
4K display resolution has four times as many pixels as high definition (HD) and allows users to see details that remain invisible to any other video format. It has the potential to deliver almost as much depth as three-dimensional (3D) screens and offers a wider color space, increased dynamic range (DR), and a high frame rate (HFR).
Nowadays, 4K cameras and displays are becoming cheaper, smaller, and easier to use. As a result, there is a significant rise in the adoption of 4K display resolution in the aerospace, education, defense, retail, and media and entertainment industries across the globe.
At present, the rising traction of flat-screen television (TVs) around the world currently represents one of the key factors propelling the growth of the market.
In addition, 4K display resolution finds extensive applications in the healthcare industry for medical imaging as it offers better depth and perspective and richer detail than standard HD.
Besides this, there is currently an increase in the utilization of telemedicine that allows healthcare professionals to evaluate, diagnose, and treat patients at a distance using telecommunications technology. Incorporating 4K display resolution can create a more natural experience and increase quality exchange than lower resolution solutions.
Apart from this, using 4K projectors and displays generates a virtual environment where medical professionals can interact with simulated patients, thereby creating more realistic training opportunities. This, coupled with the increasing reliance on smartphones, is fueling the growth of the market. Furthermore, the introduction of 4K enabled consoles that offer a more immersive and advanced gaming experience is anticipated to drive the market in the upcoming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global 4K display resolution market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type and end user.
Breakup by Product Type:
- Monitor
- Smart TV
- Smartphone
- Others
Breakup by End User:
- Aerospace and Defence
- Business and Education
- Entertainment and Media
- Retail and Advertisement
- Others
Breakup by Region:
- 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
Key Questions Answered in This Report:
- How has the global 4k display resolution market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global 4k display resolution market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global 4k display resolution market and who are the key players?
- What is the degree of competition in the industry?
For more information about this report visit https://www.researchandmarkets.com/r/1zemxh-display?w=4
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