IT

8K Technology Market to Grow at 55.5% CAGR to 2024

Press Release

A fresh report titled “8K Technology Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 143 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

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The 8K Technology Market is projected to reach US$ 26.8 Billion by 2024 from US$ 2.9 Billion in 2019—recording a CAGR of 55.5%.

Top Key Players profiled in the 8K Technology Market include are Samsung Electronics (South Korea), LG Electronics (South Korea), Sony Corporation (Japan), JVCKENWOOD Corporation (Japan), Sharp Corporation (Japan), Canon Inc. (Japan), Red Digital Cinema (US), Dell Technologies (US), Leyard Optoelectronic (China), Digital Projection (UK), Panasonic (US), Hisense (China), Changhong Electric (China), Viewsonic (US), TP Vision (PHILIPS) (China), Ikegami Tsushinki (Japan), TCL Corp. (China), BOE Technology (China), Sharp (Japan), Innolux Corp. (Taiwan), Japan Display Inc. (Japan), and AU Optronics (Taiwan).

TV screens are larger in size than that of tablets and monitors; therefore, when differentiating on the basis of clarity and viewer experience, consumers prefer 8K TVs. They are showing interest in large-screen TVs with better picture quality as they want theatre-like experience at home. Hence, the market for 8K TVs is likely to witness a significant growth rate in the coming years. Therefore, TV manufacturers have immediately accepted 8K UHD technology that allows users to see rich details even when they sit very close to the television owing to its higher resolution.

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The consumers segment is expected to account for the largest market share during the forecast period. 8K technology is integrated into televisions, professional cameras, monitors and notebooks, and projectors, for which consumers have high demand. Thus, the increasing use of high-resolution devices by consumers, as well as by sports and entertainment and medical industries is expected to drive the 8K technology market growth.

Study Objectives:

  • To analyze market opportunities for stakeholders and provide details of the competitive landscape of key players
  • To describe and forecast the 8K technology market, in terms of value, segmented on the basis of product and end user.
  • To describe and forecast the market size, in terms of value, for various segments across 4 regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
  • To forecast the 8K technology market, in terms of volume, segmented on the basis of product
  • To analyze emerging applications/use cases of 8K technology
  • To analyze 8K technology product manufacturers on the basis of their developments in the 8K technology market
  • To analyze the 8K technology ecosystem/supply chain that includes component suppliers, product manufacturers, and content suppliers
  • To provide detailed information regarding the drivers, restraints, opportunities, and challenges that can influence the growth of the market
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze competitive developments such as collaborations, partnerships, acquisitions, investments and product launches and developments in the market
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies

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Competitive Landscape of 8K Technology Market:

1 Overview

2 Player Ranking Analysis: 8K Technology Market

3 Competitive Leadership Mapping

3.1 Visionary Leaders

3.2 Dynamic Differentiators

3.3 Innovators

3.4 Emerging Companies

4 Strength of Product Portfolio

5 Business Strategy Excellence

6 Competitive Situations and Trends

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