8K Technology market size 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.
The report is primarily targeted at the 8K Technology industry participants and stakeholders that can capitalize on the contents of this report and make informed business decisions during the forecast period.
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.
The report elaborates on various national and international business development prospects and explains the competitive landscape of the global 8K Technology market.
The market size estimation and forecasts have been detailed in this report. The authors have studied the historical background of the 8K Technology market, keeping in mind the organic and inorganic growth prospects and threats for the market. Thus, the latest report offers precise estimates of the global market size for the forecast period.
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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.
- 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.
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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
Major Companies Listed
- Dell Technologies Inc.
- Sony Corporation
- Panasonic Corporation
- Samsung Electronics Co. Ltd.
- Canon Inc.
- BOE Japan Co. Ltd.
- LG Electronics Inc.
- Sharp Corporation
- com LLC
- JVCKENWOOD Corporation.
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Geographical Backdrop:
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.
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. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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About Emergen Research
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