Market Overview
The global 8K display resolution market is expected to exhibit a strong CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global 8K display resolution market is majorly driven by the growing demand for higher resolution on TVs and other display units from consumers, which has been a steady factor behind the growth of the display market in the last few years.
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Key players
The prominent players in 8K Display Resolution Market are – Samsung Group (South Korea), Dell (U.S.), Hisense Co. Ltd. (China), LG Electronics Inc. (South Korea), Sichuan Changhong Electric Co., Ltd (China), BOE Japan, Co. Ltd. (Japan), Red Digital Cinema Camera Company (U.S.), Sharp Corporation (Japan), Ikegami Tsushinki Co. Ltd. (Japan), Canon Inc. (Japan), among others.
Global 8K Display Resolution Market – Segments
For ease of understanding, the analysis has been segmented into four key dynamics:
- By Device: Monitors, Televisions, Cameras, and Full dome among others.
- By Resolution: 10240 × 4320 Resolution, 8192 × 4320 Resolution, 7680 × 4320 Resolution, 8192 × 5120 Resolution, and 8192 × 8192 Resolution.
- By Application: Retail, Consumer Electronics, Education, Advertisements, and Commercial Space among others.
- By Region: North America, Europe, Asia Pacific, and the Rest-of-the-World.
Global 8K Display Resolution Market – Regional Analysis
The Asia Pacific region, heading with the presence of giant electronics companies such as Sharp and Samsung among others, dominates the 8K display resolution market. Besides, factors such as the technological advancements and increasing use of mobiles devices foster the growth of the regional market. Due to the growing urbanization and expanding manufacturing sector that is predominantly led by the rapidly improving economy in the region the APAC the 8K display resolution market is expected to witness healthy growth throughout the forecast period.
The 8K display resolution market in the North American region accounts for the second-largest market, globally. Factors like the increasing investments transpired into the products development, the presence of notable market players that are developing cutting-edge display technologies, and increasing uptake of these displays, drive the growth of the regional market. Continuing with the same growth trends, North America is expected to create a substantially large revenue pocket over the forecast period.
The European 8K display resolution market is emerging as a promising market, globally. Factors such as the demand for the luxury or premium electronic products and the resurging economy in the region are supporting the growth of the market.
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