Global 4K Display Resolution Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. 4K Display Resolution offers improved image features, high-resolution video recording, and good texture. It has major advantages across consumer electronics, entertainment, digital cinema, and others. The 4K Display Resolution market is expanding because of factors such as rising demand for high-resolution display products and growing manufacturing of affordable 4k display products.
According to the Indian Cellular and Electronics Association in 2020, the global display industry has surpassed a hundred billion dollars (USD). Additionally, in 2019, the display industry reported revenues of USD 111 billion, It includes rising penetration of electronic and smart devices such as mobile, monitors, TVs, etc. By 2024, the industry is expected to reach a value of around USD 126 billion. Whereas, rising applications across wearable devices and growing R&D activities by market players create lucrative opportunities for the market. However, higher investment hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global 4K Display Resolution Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the space in terms of revenue, owing to the increasing sales of consumer electronics and rising demand for high-quality digital advertisements. Whereas, the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing advertising expenditures, growing public and private infrastructure, and increasing demand by retail sectors, etc in the forecast period.
Major market players included in this report are:
LG Electronics (South Korea)
Samsung Electronics (Korea)
AU Optronics Corp (Taiwan)
Panasonic Corporation (Japan)
Innolux Corporation (Taiwan)
Sharp Corporation (Japan)
Marseille Networks Inc (U.S.)
Eizo Corporation (Japan)
Sony Corporation (Japan)
Recent Developments in the Market:
In Apr 2019 - LG chemical and material division purchased 500 patented assets from Delaware-headquartered DuPont. The company provides NextGen displays pertaining to soluble (OLED) organic light-emitting diodes.
In Feb 2019 - Sony launched Xperia 1. it provides a 21:9 4K display. This new launch offers a high-resolution display which boosts the market demand across the region. in the smartphone segment.
Global 4K Display Resolution Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Resolution, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Aerospace & Defense,
Business & Education,
Rest of the World