Global 4k Technology Marketashwini
Global 4k Technology Market was valued US$ XX Mn. in 2019 and is expected to grow US$ XX Mn. by 2027, at a CAGR of 21.33% during the forecast period.
4K technology refers to pixel size. It contains 3840 or 4096 horizontal pixels and 2190 vertical pixels. The 4K/UHD comprises of TV screens that have a minimum resolution of 3,840 pixels width and 2,160 pixels height, making it equivalent to two 1080p screens in height and two in length. The revolution in technology is changing the market dynamics of the display with higher resolution.The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
4K technology is on the point of replacing the HD technology from TV screens, computer monitors, cameras, and projectors. The term 4K is used to refer to video signals with a horizontal resolution at the demand of 4,000 pixels. A 4K resolution is 4096 x 2160 pixels. In a full HD resolution produced by the Blu-ray technology, a 4K image is composed of nearly 8.3 Million pixels, while a 1080p image has just above 2 Million pixels.
There are some major players in the 4K technology market are Sony Corporation, Canon Inc., Blackmagic Design Pty Ltd., Innolux Corp., LG Electronics Corp., and others. Sony Corporation manufactures 4K TVs, 4K home theatre projectors, 4K video cameras, and others. Canon Inc. manufactures 4K display monitors, 4K optics, 4K projector, 4K camcorders, and 4K cameras. Amazon Inc. delivers 4K content that is further segmented into 4K videos, 4K movies, and 4K TV shows.
4K resolution offers four times more pixel density than that of full HD 1080p, with 8.3 Million pixels to display which improves the picture quality together with incredibly intense colors and image details. Brilliant picture quality and vivid colors play a noteworthy role in the growth of the 4K technology market.
There are some major players in the 4K technology market are Sony Corporation, Canon Inc., Blackmagic Design Pty Ltd., Innolux Corp., LG Electronics Corp., Amazon Inc., and others. For example, Amazon Inc. delivers 4K content that is further segmented into 4K videos, 4K movies, and 4K TV shows. LG Electronics provides panels for industrial and other applications, like entertainment systems, automotive displays, portable navigation devices, medical diagnostic equipment, and flexible display products. The company manufactures UHD 4K TVs and 4K monitors. For instance, on the 1st of May 2017, SES and LG Electronics (LG) has introduced an HDR-compatible 32-inch UHD 4K monitor. Netflix delivers 4K content into both the television and film industry. The company has a business operating in Japan, Brazil, India, Korea, and the United States.
On the other hand, the lack of 4K content, the discrepancy between screen size and viewing distance, and broadcasting problems of 4K contents are the main factors restraining the growth of the 4K technology market.
Global 4k Technology Market1
According to the product segment, with the invention of 4K TV, 4K projectors and 4K camera the market of digital content has evolved. The content captured through these devices creates a large and continuously rising selection of movies, TV shows, documentaries and videos that are increasingly shot and delivers to the audience in 4K resolution. This entertainment content can be viewed by consumers that own a 4K TV or the one that has internet connectivity of 20 or more Mbps for viewing the massive data loads of 4K smoothly. The main advantage of 4K technology is vibrant colors and dynamic picture quality. 4K technology is specially designed for consumer products as ultra HD or UHD.
4K TVs have enabled consumers to view everything on screen with crystal clear clarity together with sumptuous detail. Users can view every single detail of image and videos appearing on the screen with improved lighting technology. The shift to the latest technology, because of high resolution and excellent viewing experience is driving the growth of the 4K TV market.
Global 4k Technology Market2
Region-wise, the Asia-Pacific region has the leading players in the 4K technology market. North America region is one of the growing markets, thanks to high spending powers. Growing economies, for example, India, Japan, and China accounted for the largest market share because of the growing electronics industries in this region. The future revolution in technology is changing the market of the display with higher resolution. 4K technology refers to pixel size. It consists of 3840 or 4096 horizontal pixels and 2190 vertical pixels.
On Oct. 11, 2019, Bringing a new level of premium quality video and audio performance to LCD hotel TVs, LG Business Solutions USA has launched the first 4K Ultra HD TVs designed specifically for the hospitality market with NanoCell display technology.
The objective of the report is to present a comprehensive analysis of the Global 4k Technology Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global 4k Technology Market dynamics, structure by analyzing the market segments and project the Global 4k Technology Market size. Clear representation of competitive analysis of key players by application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global 4k Technology Market make the report investor’s guide.
Scope of the 4k Technology Market
Global 4k Technology Market, By Product
• Digital Signage
• Set-Top Boxes
• Blu-Ray Players
Global 4k Technology Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global 4k Technology Market
• Canon Inc.
• Blackmagic Design Pty Ltd.
• Innolux Corp.
• LG Electronics Corp.
• Panasonic Corp.
• Samsung Electronics Corp.
• Sharp Corp.
• Sony Corp.
• JVC Kenwood Corp.
• AsusTek Corp.
• Hong Kong Skyworth Digital Holdings Ltd.
• TCL Corp.
• Hisense Co., Ltd.
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