4K Television Market Size, Share, Growth, Trends, Forecast 2025

Posted by Simone on April 5th, 2021

The global 4K TV market is predicted to reach USD XXXX Billion by 2020, at a CAGR of XX% during the forecast year. 4K technology stands for, 4096 x 2160-pixel resolution that means around 4,000 pixels on screen. The high resolution gives sharper picture quality and vibrant display color.

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The growth of 4K TV market size, is due to the rising consumer demand for UHD technology device instead of HD devices. Constant development in customer electronic industry, innovations in graphics engines, competitive manufacturers providing cheaper options, growing demand for ultra-high-definition technology devices are some of the factors helping the growth of global 4k TV market. New technology for graphic processors have led to latest technical image format that have enhanced the quality of content considerably, leading to growth in demand. Users having experienced and worked with high quality images, are influencing the growth of 4k TV market size. Furthermore, digital media is opting for high quality data which is visually appealing to viewers.

The 4K Technology Market has many segments like Television, Camera, Consumer Electronics, Media and Entertainment and so on. Television sector had the largest share in 4K Technology Market in 2016. The 4k TV market share in 2018 was dominated by 52-56 inches owing to the variety of products offered. Furthermore, new technologies like Quantum for LEDs (QLEDs) and Super UHD (SUHD) and reduced market price of 4K TV’s, along with the increased spending capacity of users have increased growth prospects for global 4k TV market. During the forecast period 62 inches screen size is predicted to observe the highest demand and growth. The availability of high-speed internet, especially in developed parts is also helping the industry to grow.

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4k TV market size is segmented on the basis of Screen Size, Products, End-user, Technology used and Region. On the basis of screen size it is segmented as less than 55 inches, 55 inches, 65 inches and others. Segmentation on the basis of products is TV, digital signage, monitor, set-top box, smartphone, laptop, tablet, projector, blu-ray player and camera. Based on end-user segmentation is done as Household and Public. Product based on 4k technology are set-top box, projector, and camera and blu-ray player. Segmentation based on region is Asia-Pacific, Europe, North America, South America, Middle East and Africa. China manufacturers maximum of LCD panels and has contributed 70% of total market share in the year 2016. The growing spending power in North America owing to its development has led to growth in market size.

4K Technology Market is led by Asia Pacific region which contributes to 40% of the total market revenue. Asia Pacific is leading contributor in the 4k TV market size. Some key players in technology market are Blackmagic Design Pty Ltd., Canon Inc., Innolux Corp., Panasonic Corp., LG Electronics Corp., (Japan), and Sharp Corp. (Japan) and many others. Among these key players Samsung is a leading and trusted brand in the global 4k TV market, followed by brands like Sony and LG.

Segmentation:

Based on Screen Size:

Less than 55 inches

55-65 inches

Above 65 inches

Based on Product:

TV

Digital Signage

Monitor

Set-top box

Smartphone

Laptop

Tablet

Projector

Blu-ray player

Camera

Based on End-user:

Household

Public

Based on Region:

Asia-Pacific

Europe

North America

South America

Middle East and Africa

What to expect from the upcoming report on ‘4k TV market size:

- Future prospects and current trends of the 4k TV market size by the end of forecast period 2023-2025.

- Information regarding technological progressions as well as innovations across the world.

- Supportive initiatives by government likely to influence the market dynamics.

- In-depth analysis of different market segmentations including regional segmentations, applications and types.

- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.

- Trends, drivers, opportunities, restraints, challenges and key developments in the market

Who should buy this report?

Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a Market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable Market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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Simone

About the Author

Simone
Joined: March 22nd, 2021
Articles Posted: 89

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