Global 8K 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 televisions and growing availability of a variety of products to empower 8K content creation is driving 8K technology market growth.
Key market participants 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.
The report delineates the pivotal aspects of this market, shedding light on the most prominent market growth possibilities and challenges. The extensive overview of the market is also inclusive of an in-depth summary of the competitive landscape of the market on both regional and global levels.
Thus, the Global 8K Technology Market report’s sample copy includes a brief analysis of the 8K Technology industry, list of tables and figures, table of contents, competitive landscape, geographical segmentation, innovations, and future developments based on various research methodologies.
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In September 2020, JVCKENWOOD Corporation upgraded the native 4K and 8K e-shift projectors through a significant output enhancement, which dynamically changes HDR to the unique home theatre setting.
Growing availability of various products to empower 8K content creation is expected to further propel global 8K technology market growth. Increasing research development activities for advancements in display technology is also expected to boost market growth going forward.
Some Key Highlights From the 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 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 technology in the film industry to ensure better picture quality and enhance viewer experience.
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Emergen Research has segmented the global 8K 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
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Geographical Backdrop:
The global 8K Technology market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global 8K Technology market across major geographies.
Due to high presence of domestic and international market players such as Samsung Electronics Co., Ltd., Panasonic Corporation, and BOE Japan Co., Ltd. in countries in Asia Pacific, the market in the region is expected to lead in terms of revenue contribution to the global market during the forecast period.
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About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
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