The global 8K display resolution market is scaling-up
rapidly. The market growth attributes to the growing demand from the consumer
electronics segment. Besides, the wide adoption of these displays in burgeoning
industries, such as consumer electronics, media & entertainment, and
sports, drives market demand hugely. Moreover, the growing demand for
high-quality displays in smartphones and other electronic devices escalates
market sales.
According to Market Research Future (MRFR), the global 8K display resolution market is poised
to garner exponential traction by 2023, growing at an impressive CAGR during
the forecast period (2017 to 2023). Rapid urbanization and the proliferation of
smartphones boost the growth of the market. Also, the improving economy
worldwide influences market growth, improving consumer purchasing power.
Competitive Analysis
Fiercely competitive, the 8K display resolution market
appears fragmented due to the presence of various dynamic and diversified
players. To gain a larger competitive share, innovation, mergers &
acquisitions, and brand reinforcement remain key trends. Industry players
strive to develop a cost-effective portfolio, increasing R&D investments.
The market is likely to witness intensified competition with increasing product
launches. Also, immense revenue generation opportunities demonstrated by the
market intensify the market competition, attracting new entrants.
Market Players:
Players leading the 8K display resolution market include Dell
(U.S.), Samsung Group (South Korea), Hisense Co. Ltd. (China), Sichuan
Changhong Electric Co., Ltd (China), LG Electronics Inc. (South Korea), BOE
Japan, Co. Ltd. (Japan), Sharp Corporation (Japan), Red Digital Cinema Camera
Company (U.S.), Ikegami Tsushinki Co. Ltd. (Japan), and Canon Inc. (Japan),
among others.
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Market Segmentation
By Device : Monitors,
Televisions, Cameras, Fulldome, and others.
By Resolution :
7680 × 4320 Resolution, 8192 × 4320 Resolution, 8192 × 5120 Resolution,
8192 × 8192 Resolution, 10240 × 4320 Resolution, and others.
By Application :
Retail, Consumer Electronics, Education, Advertisements, Commercial
Space, and others.
By Regions : Americas, Europe,
Asia Pacific, and Rest-of-the-World.
Regional Analysis
The Asia Pacific region dominates the global 8K display
resolution market. The largest market share attributes to the presence of
notable players like Samsung and LG and increased adoption of 8K display
resolution technology in TVs and smartphones. Besides, the proliferation of
smart technologies and substantial R&D investments to develop the display
technology drive the regional market growth. The Asia Pacific region would retain
its leading position over the global 8K display resolution industry throughout
the forecast period.
North America stands second in the global 8K display
resolution market. The market growth is driven by technical advancements and
the increasing use of mobile devices in the region. Additionally, the growing
uptake of these displays and increasing investments transpired into product
development boost the regional market growth.
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TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
8K Display Resolution Market, By Segments
7.
Competitive Analysis
Continued…
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