USD 75.64 billion
Report ID:
SQSG45M2002 |
Region:
Global |
Published Date: July, 2001
Pages:
165
|Tables:
101
|Figures:
76
4K Display Market size was valued at USD 93.04 Billion in 2023 and is poised to grow from USD 114.44 Billion in 2024 to USD 737.41 Billion by 2032, growing at a CAGR of 23% during the forecast period (2025-2032).
The global market for 4K display resolution is growing rapidly. There is an increasing demand for 4K resolution TVs and computer displays. The global expansion of the 4K display resolution market reflects changing consumer preferences for display monitors. The high prices aren't deterring people from wanting to own a TV with a 4K display resolution.
Display resolution advancements have aided in the realization of far-fetched concepts such as a 4K or 8K TV. Its primary feature is the highly defined resolution of 4000 pixels. The highly defined resolution of 4000 pixels serves as its basic quality, which drives global demand for 4K displays.
In the forecast period, it is anticipated that the worldwide 4K display market would expand significantly. Smart devices have been using high definition increasingly, which enhances the viewing experience. Because of recent technology advancements, screen size and resolution have changed significantly. A market for large screen TV has emerged as a result of the switch from standard definition to high-definition resolutions. The emergence of Ultra High Definition (UHD), often known as 4K televisions, is the result of this new trend in high-resolution displays. UHD screens with 4K resolution are referred to as 4K panels.
Consumer demand for big-screen TVs combined with increasing image quality and resolution is the main 4K display industry driver. Different display technologies, such as Light Emitting Diode (LED), High Definition (HD), Liquid Crystal Display (LCD), etc., have been adopted by the electronic display industry. UHD refers to any displays with greater resolutions and offers four times as much resolution as Full HD panels. Additionally, it is anticipated that growing demand for gaming consoles and video games will favorably affect the expansion of the 4K display industry.
US 4K Display Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 75.64 billion
Largest Segment
Consumer Electronics
Fastest Growth
Consumer Electronics
Growth Rate
23% CAGR
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The global 4k display market is segmented on the basis of application, product type and region. Based on the application, the market can be categorized into aerospace & defense, consumer electronics, retail & advertisement, media & entertainment, business & education segments. By product type, the market is segregated into cameras, digital cameras, camcorders, projectors, smartphones & tablets, monitors & smart TVs segments. Based on region, the market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
4K Display Market Analysis by application
Based on Application, The consumer electronic segment dominated The Global 4K Display Market. Numerous industries, including commerce and education, leisure, aerospace and defense, consumer electronics, retail, and advertising, among others, can use the product. In addition to televisions, UHD panels used in smartphones, cameras, personal computers, and other industrial applications are anticipated to drive market demand. Two application categories for 4K monitors can be broadly distinguished: personal and business. Consumer electronics are included in the personal application section. On the other side, the commercial application segment includes, among other things, aerospace, defense, entertainment, business, and education.
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North America led the Global 4K display market, with the U.S. contributing more than 68% of the global market. A wide number of service providers and helpful government efforts are characteristics of the expansion. SMT services provided by Google, Inc. and Microsoft Corporation, coupled with their free internet search engines, have grown in prominence in the United States. India and China have experienced rapid expansion in recent years. The demand for translated content has increased due to the Asia Pacific region's multilingual culture. Regional demand has been greatly catered for by solution suppliers.
As an online 4k display (MT) service for employees of public administration in various European nations, the European Commission (EC) introduced e-Translation services. Through the Advance Passenger Information System, the service is accessible to EC information systems in addition to individual users (API). Additionally, to encourage and stimulate the development of these systems, the European Association for 4k display has given opportunities for developers, academics, and expert translators interested in technologies connected to translation.
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4K Display Market Driver
Rise in Adoption of Technology to boost market expansion
4K Display Market Restraint
High Price and Lack of Efficient Customer Service to Refrain the Market Growth
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There are several significant participants in the market for 4K display resolution, which is relatively fragmented. Few of the big competitors now control the majority of the market in terms of market share. However, with production costs falling and fierce competition, businesses are implementing new launch tactics to boost sales and expand their market share. For instance, Sony unveiled the Xperia 1, the first smartphone with a 21:9 4K display, in an effort to re-enter the smartphone industry after experience two consecutive quarters with significant sales declines.
4K Display Market Top Players Company Profiles
4K Display Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to the global 4K display market report analysis, the global market is segmented based on application, product type and regions. Due to its high bandwidth needs, streaming 4K video could have a negative effect on the market's growth. Therefore, the high bandwidth need continues to be the fundamental constraint for this sector. Additionally, concerns with signal integrity and mismatched resolution could impede the market expansion. The market demand is projected to be boosted by Intel and Samsung's collaboration to produce 23.6-inch PLS 4K panels at a competitive price. Additionally, collaborations between Intel, ViewSonic, and TPV will increase demand for affordable 4K monitors.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 75.64 billion |
Market size value in 2031 | USD 599.52 billion |
Growth Rate | 23% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Historical Year | 2019 |
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the 4K Display Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 4K Display Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 4K Display Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 4K Display Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
4K Display Market size was valued at USD 75.64 billion in 2019 and is poised to grow from USD 93.04 billion in 2023 to USD 599.52 billion by 2031, growing at a CAGR of 23% in the forecast period (2024-2031).
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Report ID: SQSG45M2002
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