What is 4K Display Market?
4K UHD is an extra densely packed screen, letting the larger number of pixels to create a high-resolution pixel. Due to these additional pixels, 4K displays can show up to 4x more data than Full HD displays. These 4K display innovations are upgraded the television viewing experience, by providing consumers them to watch their video quality which is twice good as HD viewing content. Asia-Pacific is holding a significant share for 4K market as major players are from Japan and South Korea.
Highlights from 4K Display Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AU Optronics Corp. (Taiwan), EIZO Corporation (Japan), Sony Corporation (Japan), LG Electronics (South Korea), Panasonic Corporation (Japan), Sharp Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Walt Disney Company (United States) and Warner Bros Entertainment Inc. (United States) |
4K Display market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that Japan Players will contribute to the maximum growth of Global 4K Display market throughout the forecasted period.
AU Optronics Corp. (Taiwan), EIZO Corporation (Japan), Sony Corporation (Japan), LG Electronics (South Korea), Panasonic Corporation (Japan), Sharp Corporation (Japan), Samsung Electronics Co., Ltd. (South Korea), Walt Disney Company (United States) and Warner Bros Entertainment Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Sony Picture Entertainment (Japan) and Paramount Pictures (United States). 4K Display Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Consumer Electronics , Gaming and Entertainment and Other |
Type | Camcorders, Smart TVs, Projectors, Digital Cameras, Monitors, Smartphones & Tablets and Others |
Display Technologies | Light Emitting Diode (LED),High Definition (HD),Liquid Crystal Display (LCD) |
Resolution | 3840x2160,4096x2160,3996x2160,5120x3200,5120x2160 |
On the basis of geography, the market of 4K Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High definition has been a significant trend in smart devices, Initiatives in K-12 as well as for Higher Education Lab Courses in an Ultra HD Display and Growing Demand for a Better Gaming Experience, Enriche Entertainment, and is also Increasing Availability of 4K content
Market Growth Drivers:
Increasing High Demand for Large Screen TVs With High Resolution and Rising Interest of people of Seeing the content in an Ultra-High Resolution
Challenges:
Streaming 4K Content may Negatively Impact the Market and Lack of Awareness of the 4K Concept Among the Consumers
Restraints:
Needs More Bandwidth Than Hd Content and 4K Will Require Heavy Investment for Content Creation and Broadcasting
Opportunities:
Rising wide application of 4K Displays and Ultra HD Cameras give an Opportunity for Various TV Shows and Movies to be Recorded and Edited in 4K UHD
Key Target Audience
Technology investors, System integrators, IT developers, Third-party vendors, Network operators, Research/Consultancy firm and Others
Market Leaders & Development Strategies
In Apr 2019 LG chemical and material division purchased more than 500 patented assets from Delaware-headquartered DuPont, mostly pertaining to soluble organic light-emitting diodes (OLED) and plans to develop that technology into its next-gen displays.
On 18 July 2019, Sony launched its first-ever new smartphone, Sony Xperia 1, which sports a 4K-resolution 21:9 OLED screen. Sony is looking to outdo itself with the Xperia 1R, which could have a 5K-resolution screen.