4K Technology Market Overview
4K Technology Market size is analysed to grow
at a CAGR of 23.1% during the forecast 2021-2026 to reach $213.92 billion by 2026. 4K
technology is replacing HD technology found in TV screens, computer monitors,
cameras, and projectors. The term 4K refers to video signals with a horizontal
resolution of 4,000 pixels or higher. The resolution of a 4K display is 4096 x
2160 pixels (approximately a 1.9:1 aspect ratio). A 4K image has nearly 8.3
million pixels in a full HD resolution produced by Blu-ray technology, whereas
a 1080p image has slightly more than 2 million pixels. The revolution in compression artifacts and image resolution technology is
changing the market dynamics of the display and digital signage with higher resolution. With 8.3 million
pixels to display, 4K resolution offers four times the pixel density of full HD
1080p, improving picture quality as well as incredibly vivid colours and image
details. Brilliant image quality and vibrant colors are important factors in
the growth of the 4K technology market. Today's market for 4K content is
rapidly expanding. 4K video camera prices are also falling rapidly, and as a
result, several new films are being shot and distributed as a result of this
technology. Furthermore, new 4K content using Blu-ray discs in UHD image
resolution is finally available, even as movie titles are being released at a
consistent rate on this new standard.
Report Coverage
The report: “4K Technology Industry Outlook – Forecast
(2021-2026)”, by IndustryARC covers an in-depth analysis of the following
segments of the 4K Technology industry.
By Product: Set-Top Box, TV, Camera, Digital Signage,
Blu-Ray Player, Smartphone, Monitor, Projector, Tablet, Others.
By Vertical: Retail, Aerospace
and Defence, Business and Education, Entertainment and Media, Healthcare,
Others.
By Geography: North America, South America, Europe,
APAC, and RoW
Key Takeaways
- The Asia-Pacific region is rapidly
urbanising. This trend is expected to continue in the coming years,
bringing unprecedented demographic, economic, and social changes. The
demand for premium products, such as 4K ultra hd video streaming, is
increasing as people's standard of living rises.
- As more players enter the market, the
market trend is toward fragmentation. The market is being driven by a
decrease in the manufacturing cost of 4K displays.
- Image compression is the application of
data compression to digital images with the goal of reducing image data
redundancy in order to store or transmit data in an efficient manner.
Lossy or lossless image compression is available. For artificial images
such as technical drawings, icons, or comics, lossless compression is
sometimes preferred. This is due to the fact that lossy compression
methods, particularly when used at low bit rates, introduce compression
artefacts.
4K Technology Market, By Region, 2020
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4K Technology Market Segment Analysis - By Product
In 2020, the
TV segment had a market share of more than 35%. Television has the most market
share in the global 4k technology market. Users can now view with crystal clear
clarity and elegant detail thanks to 4K TVs. With improved lighting technology,
users can see the details of images and videos that appear on the screen. The
growth of the 4K TV market is being fuelled by the shift to cutting-edge
technology, which provides high resolution and an excellent viewing experience.
With the advent of smart entertainment technologies such as HD Streaming
services, television sets must be updated to accommodate the superior content
delivered by HD streams. 4K televisions are evolved versions of Full High
Definition (Full HD) and Ultra High Definition (UHD) televisions that support
the popular HD content stream. The display resolution is used to categorise
televisions in this category. Full HD televisions have a resolution of 1920 x
1080 pixels, while UHD television displays have a resolution of 3840 x 2160
pixels. 4K televisions can display a resolution of 4096 x 2160 pixels.
4K Technology Market Segment Analysis – By Vertical
By Vertical, entertainment
and media industry segment is analysed to grow at highest CAGR of 7.2% during
the forecast period 2021-2026. The entertainment and media industry is
projected to remain one of the primary applications of 4K technology due to
many factors such as growing desire for a better gaming experience, enriched
entertainment, and the increasing availability of 4K content. Due to the
obvious accurate colour and colour gamut support for graphics creating, photo
editing, and inspecting the fine details of high-quality photos, modern
customers are gravitating toward 4K resolution TVs. Major console
manufacturers, such as Microsoft and Sony, have introduced 4K consoles to
provide a more immersive and advanced gaming experience, which is likely to
drive sales of 4K TVs and monitors.
4K Technology Market Segment Analysis - Geography
APAC is analysed to be the major region with a share of 35.2% in 2020 for the 4K Technology Market. Japan, South Korea, and Taiwan account for a sizable portion of the 4K TV market, with players such as Samsung, LG, and Sony. Furthermore, rising consumer electronics sales in the region are fuelling demand for high-quality digital marketing. The decrease in the ASP of 4K TVs due to falling manufacturing costs is driving the market to its limit with the technology. Key players are now implementing tactics to develop new goods in collaboration with other IT giants in order to increase market share. Furthermore, growing retail sector, increasing advertising expenditures, improving public and private infrastructure, and the associated benefits offered by 4K digital signage systems are boosting its market in the region.
4K Technology Market Drivers
Advancement in Technology:
The upcoming technological revolution is
reshaping the market for higher-resolution exhibits. The term "4K"
refers to pixel size. It has a horizontal resolution of 3840 or 4096 pixels and
a vertical resolution of 2190 pixels. The main advantage of 4K technology is
that it has a higher resolution, which results in better quality. 4K/UHD TV
screens have a minimum resolution of 3,840 pixels wide and 2,160 pixels tall,
which is equivalent to two 1080p screens in height and two in length. With the
introduction of 4K TV, 4K projectors, and 4K cameras, the digital content
market has evolved. The content captured by these devices results in a large
and ever-expanding selection of movies, TV shows, documentaries, and videos
that are increasingly shot in 4K resolution and delivered to audiences. This
entertainment content can be viewed by consumers who own a 4K TV or who have an
internet connection of 20 Mbps or higher in order to view the massive data
loads of 4K smoothly. 4K technology is used in a variety of physical products. The
advancement of technology is accelerating market growth. For example, 4K
cameras can now film videos with any single frame because a high-resolution
image allows photographers to capture videos without sacrificing quality. The
4K market's high resolution provides users with detailed gaming features. 4K
laptops provide users with a large amount of storage space for software
interfaces.
Higher resolution and better efficiency:
One of the major factors driving the global 4k
technology market is higher resolution and efficiency. In the home, 4K/UHD
refers to a TV screen with a minimum resolution of 3840 pixels wide and 2160
pixels high, which is equivalent to two 1080p screens in height and two in
length. This resolution is commonly referred to as quad HD and is used by
virtually all 4K televisions. People's rising disposable income is another
factor that has a positive impact on global market growth. Furthermore,
people's preferences have shifted, as they prefer to view the image in high
definition. This is expected to fuel the growth of the 4k technology market.
4K Technology
Market Challenges
Lack of 4K Content:
The lack of 4K content, the
discrepancy between screen size and viewing distance, and broadcasting problems
of 4K contents are the main factors restraining the growth of the 4K technology
market. The majority of 4K content is not available through cable, satellite,
or over-the-air television. Currently, no 4K content is broadcast over the air
in the United States; it is promised for the future, but it will necessitate
new hardware (either in the TV or a set-top box) and is still years away. This
is expected to hamper the market growth.
4K Technology Market Landscape
Product launches, acquisitions, and
R&D activities are key strategies adopted by players in the 4K Technology. 4K
Technology top 10 companies are Samsung Electronics Co. Ltd, Sony Corporation, LG Electronics,
Inc., Canon Inc., Hisense Electric Co. Ltd., Sharp Corporation, Panasonic
Corporation, Blackmagic Design Pty Ltd., TCL Corporation, Skyworth Digital
Holdings Ltd. among others.
Acquisitions/Technology Launches/Partnerships
- In May 2021, Realme launched new range of smart 4k TVs in India.
- In October 2019, Bringing a new
level of premium quality video and audio performance to LCD hotel TVs, LG
Business Solutions USA has launched the first 4K Ultra HD TVs designed
specifically for the hospitality market with NanoCell display technology.
Relevant Report Titles:
4K Display Resolution Market Analysis - Forecast(2021 - 2026)
Report Code: ESR 0100
Ultra High Definition (UHD) Panel Market - Forecast(2021 - 2026)
Report Code: ESR 0341
For more Electronics related reports, please click here
LIST OF TABLES
1.Global 4K Technology Market By Product Market 2023-2030 ($M)1.1 4K Tv Market 2023-2030 ($M) - Global Industry Research
1.1.1 4K Tv Market, By Screen Size Market 2023-2030 ($M)
1.1.2 4K Tvs, By Technology Market 2023-2030 ($M)
1.2 4K Digital Signage Market 2023-2030 ($M) - Global Industry Research
1.2.1 4K Digital Signage Panel Market 2023-2030 ($M)
1.2.2 4K Digital Signage Medium Player Market 2023-2030 ($M)
1.3 4K Set-Top Box Market 2023-2030 ($M) - Global Industry Research
1.4 4K Smartphones Market 2023-2030 ($M) - Global Industry Research
1.5 4K Tablet Market 2023-2030 ($M) - Global Industry Research
1.6 4K Laptop Market 2023-2030 ($M) - Global Industry Research
1.7 4K Projector Market 2023-2030 ($M) - Global Industry Research
1.8 4K Camera Market 2023-2030 ($M) - Global Industry Research
1.8.1 4K Digital Camera Market 2023-2030 ($M)
1.8.2 4K Action Camera Market 2023-2030 ($M)
1.9 4K Blu-Ray Player Market 2023-2030 ($M) - Global Industry Research
2.Global 4K Technology Market By Product Market 2023-2030 (Volume/Units)
2.1 4K Tv Market 2023-2030 (Volume/Units) - Global Industry Research
2.1.1 4K Tv Market, By Screen Size Market 2023-2030 (Volume/Units)
2.1.2 4K Tvs, By Technology Market 2023-2030 (Volume/Units)
2.2 4K Digital Signage Market 2023-2030 (Volume/Units) - Global Industry Research
2.2.1 4K Digital Signage Panel Market 2023-2030 (Volume/Units)
2.2.2 4K Digital Signage Medium Player Market 2023-2030 (Volume/Units)
2.3 4K Set-Top Box Market 2023-2030 (Volume/Units) - Global Industry Research
2.4 4K Smartphones Market 2023-2030 (Volume/Units) - Global Industry Research
2.5 4K Tablet Market 2023-2030 (Volume/Units) - Global Industry Research
2.6 4K Laptop Market 2023-2030 (Volume/Units) - Global Industry Research
2.7 4K Projector Market 2023-2030 (Volume/Units) - Global Industry Research
2.8 4K Camera Market 2023-2030 (Volume/Units) - Global Industry Research
2.8.1 4K Digital Camera Market 2023-2030 (Volume/Units)
2.8.2 4K Action Camera Market 2023-2030 (Volume/Units)
2.9 4K Blu-Ray Player Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America 4K Technology Market By Product Market 2023-2030 ($M)
3.1 4K Tv Market 2023-2030 ($M) - Regional Industry Research
3.1.1 4K Tv Market, By Screen Size Market 2023-2030 ($M)
3.1.2 4K Tvs, By Technology Market 2023-2030 ($M)
3.2 4K Digital Signage Market 2023-2030 ($M) - Regional Industry Research
3.2.1 4K Digital Signage Panel Market 2023-2030 ($M)
3.2.2 4K Digital Signage Medium Player Market 2023-2030 ($M)
3.3 4K Set-Top Box Market 2023-2030 ($M) - Regional Industry Research
3.4 4K Smartphones Market 2023-2030 ($M) - Regional Industry Research
3.5 4K Tablet Market 2023-2030 ($M) - Regional Industry Research
3.6 4K Laptop Market 2023-2030 ($M) - Regional Industry Research
3.7 4K Projector Market 2023-2030 ($M) - Regional Industry Research
3.8 4K Camera Market 2023-2030 ($M) - Regional Industry Research
3.8.1 4K Digital Camera Market 2023-2030 ($M)
3.8.2 4K Action Camera Market 2023-2030 ($M)
3.9 4K Blu-Ray Player Market 2023-2030 ($M) - Regional Industry Research
4.South America 4K Technology Market By Product Market 2023-2030 ($M)
4.1 4K Tv Market 2023-2030 ($M) - Regional Industry Research
4.1.1 4K Tv Market, By Screen Size Market 2023-2030 ($M)
4.1.2 4K Tvs, By Technology Market 2023-2030 ($M)
4.2 4K Digital Signage Market 2023-2030 ($M) - Regional Industry Research
4.2.1 4K Digital Signage Panel Market 2023-2030 ($M)
4.2.2 4K Digital Signage Medium Player Market 2023-2030 ($M)
4.3 4K Set-Top Box Market 2023-2030 ($M) - Regional Industry Research
4.4 4K Smartphones Market 2023-2030 ($M) - Regional Industry Research
4.5 4K Tablet Market 2023-2030 ($M) - Regional Industry Research
4.6 4K Laptop Market 2023-2030 ($M) - Regional Industry Research
4.7 4K Projector Market 2023-2030 ($M) - Regional Industry Research
4.8 4K Camera Market 2023-2030 ($M) - Regional Industry Research
4.8.1 4K Digital Camera Market 2023-2030 ($M)
4.8.2 4K Action Camera Market 2023-2030 ($M)
4.9 4K Blu-Ray Player Market 2023-2030 ($M) - Regional Industry Research
5.Europe 4K Technology Market By Product Market 2023-2030 ($M)
5.1 4K Tv Market 2023-2030 ($M) - Regional Industry Research
5.1.1 4K Tv Market, By Screen Size Market 2023-2030 ($M)
5.1.2 4K Tvs, By Technology Market 2023-2030 ($M)
5.2 4K Digital Signage Market 2023-2030 ($M) - Regional Industry Research
5.2.1 4K Digital Signage Panel Market 2023-2030 ($M)
5.2.2 4K Digital Signage Medium Player Market 2023-2030 ($M)
5.3 4K Set-Top Box Market 2023-2030 ($M) - Regional Industry Research
5.4 4K Smartphones Market 2023-2030 ($M) - Regional Industry Research
5.5 4K Tablet Market 2023-2030 ($M) - Regional Industry Research
5.6 4K Laptop Market 2023-2030 ($M) - Regional Industry Research
5.7 4K Projector Market 2023-2030 ($M) - Regional Industry Research
5.8 4K Camera Market 2023-2030 ($M) - Regional Industry Research
5.8.1 4K Digital Camera Market 2023-2030 ($M)
5.8.2 4K Action Camera Market 2023-2030 ($M)
5.9 4K Blu-Ray Player Market 2023-2030 ($M) - Regional Industry Research
6.APAC 4K Technology Market By Product Market 2023-2030 ($M)
6.1 4K Tv Market 2023-2030 ($M) - Regional Industry Research
6.1.1 4K Tv Market, By Screen Size Market 2023-2030 ($M)
6.1.2 4K Tvs, By Technology Market 2023-2030 ($M)
6.2 4K Digital Signage Market 2023-2030 ($M) - Regional Industry Research
6.2.1 4K Digital Signage Panel Market 2023-2030 ($M)
6.2.2 4K Digital Signage Medium Player Market 2023-2030 ($M)
6.3 4K Set-Top Box Market 2023-2030 ($M) - Regional Industry Research
6.4 4K Smartphones Market 2023-2030 ($M) - Regional Industry Research
6.5 4K Tablet Market 2023-2030 ($M) - Regional Industry Research
6.6 4K Laptop Market 2023-2030 ($M) - Regional Industry Research
6.7 4K Projector Market 2023-2030 ($M) - Regional Industry Research
6.8 4K Camera Market 2023-2030 ($M) - Regional Industry Research
6.8.1 4K Digital Camera Market 2023-2030 ($M)
6.8.2 4K Action Camera Market 2023-2030 ($M)
6.9 4K Blu-Ray Player Market 2023-2030 ($M) - Regional Industry Research
7.MENA 4K Technology Market By Product Market 2023-2030 ($M)
7.1 4K Tv Market 2023-2030 ($M) - Regional Industry Research
7.1.1 4K Tv Market, By Screen Size Market 2023-2030 ($M)
7.1.2 4K Tvs, By Technology Market 2023-2030 ($M)
7.2 4K Digital Signage Market 2023-2030 ($M) - Regional Industry Research
7.2.1 4K Digital Signage Panel Market 2023-2030 ($M)
7.2.2 4K Digital Signage Medium Player Market 2023-2030 ($M)
7.3 4K Set-Top Box Market 2023-2030 ($M) - Regional Industry Research
7.4 4K Smartphones Market 2023-2030 ($M) - Regional Industry Research
7.5 4K Tablet Market 2023-2030 ($M) - Regional Industry Research
7.6 4K Laptop Market 2023-2030 ($M) - Regional Industry Research
7.7 4K Projector Market 2023-2030 ($M) - Regional Industry Research
7.8 4K Camera Market 2023-2030 ($M) - Regional Industry Research
7.8.1 4K Digital Camera Market 2023-2030 ($M)
7.8.2 4K Action Camera Market 2023-2030 ($M)
7.9 4K Blu-Ray Player Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US 4K Technology Market Revenue, 2023-2030 ($M)2.Canada 4K Technology Market Revenue, 2023-2030 ($M)
3.Mexico 4K Technology Market Revenue, 2023-2030 ($M)
4.Brazil 4K Technology Market Revenue, 2023-2030 ($M)
5.Argentina 4K Technology Market Revenue, 2023-2030 ($M)
6.Peru 4K Technology Market Revenue, 2023-2030 ($M)
7.Colombia 4K Technology Market Revenue, 2023-2030 ($M)
8.Chile 4K Technology Market Revenue, 2023-2030 ($M)
9.Rest of South America 4K Technology Market Revenue, 2023-2030 ($M)
10.UK 4K Technology Market Revenue, 2023-2030 ($M)
11.Germany 4K Technology Market Revenue, 2023-2030 ($M)
12.France 4K Technology Market Revenue, 2023-2030 ($M)
13.Italy 4K Technology Market Revenue, 2023-2030 ($M)
14.Spain 4K Technology Market Revenue, 2023-2030 ($M)
15.Rest of Europe 4K Technology Market Revenue, 2023-2030 ($M)
16.China 4K Technology Market Revenue, 2023-2030 ($M)
17.India 4K Technology Market Revenue, 2023-2030 ($M)
18.Japan 4K Technology Market Revenue, 2023-2030 ($M)
19.South Korea 4K Technology Market Revenue, 2023-2030 ($M)
20.South Africa 4K Technology Market Revenue, 2023-2030 ($M)
21.North America 4K Technology By Application
22.South America 4K Technology By Application
23.Europe 4K Technology By Application
24.APAC 4K Technology By Application
25.MENA 4K Technology By Application
26.Samsung Electronics Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Lg Electronics Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Canon Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Panasonic Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Sharp Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Sony Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Hisense Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Blackmagic Design Pty Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Hong Kong Skyworth Digital Holding Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Tcl Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Innolux Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Jvc Kenwood Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Asustek Computer Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)