Global 4K Display Resolution Market

4K Display Resolution Market by Products (Smart TV, Monitor, and Smartphone), Verticals (Business & Education, Aerospace & Defense, and Entertainment & Media), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-4003
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 221
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The global 4K display resolution market size was valued at USD 60.85 billion in 2020 and is expected to reach more than USD 245.90 billion by 2028, expanding at a CAGR of 22.9% during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for high-resolution display products by consumers.


Global 4K Display Resolution Market summary

4K display resolution refers to a horizontal resolution of 4,000 pixels available in a variety of digital formats, which are mostly utilized for filming motion films and converting 35 mm film into digital. The finest visual quality can be achieved with a 4K resolution monitor and several 4K display panels can be seen adopted in items such as smart TVs and smartphones. Finished items such as 4K UHD and 4K OLED televisions are not taken into account in defining the 4k display resolution.

The Covid-19 pandemic had adversely impacted almost every market and industry in the world due to sudden interruptions in their respective production and supply-chain activities. Precautionary lockdowns and other restrictions imposed by governments had caused negative impact on the market due to delay in the production of the display type.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for consumer electronic devices including smartphones and smart TVs due to increasing disposable income of a large number of the global population presents a key driver of the market.
  • Decreasing cost of manufacturing 4K screens due to wide availability of enormous production lines is projected to drive the market in the coming years.
  • High spending on advertisement and consumers’ desire for a better gaming experience using electronic devices are likely to boost the market during the forecast period.
  • Complexity of regulatory policies across countries in terms of import and exports of raw materials of the products especially semi-conductors acts as a major challenge of the market.
  • Technological advancement and wide availability of devices or products with reasonable prices are key factors that can offer lucrative growth opportunities of the market.

Scope of the Report

The report on the global 4K display resolution market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

4K Display Resolution Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Smart TV, Monitor, and Smartphone) and Verticals (Business & Education, Aerospace & Defense, and Entertainment & Media)

Regional Scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Toshiba Corporation; LG Display Co. Ltd.; Sony Corporation; Sharp Corporation; and Samsung Electronics Co. Ltd.

Market Segment Insights

Smart TV segment is expected to grow at a rapid pace

Based on products, the global 4K display resolution market is divided into smart TV, monitor, and smartphone. The smart TV segment is expected to grow at a rapid pace during the forecast period due to several advantageous facilities such as correct color & color gamut support for graphics creation, picture editing, and inspecting the fine details of high-quality photos. Moreover, customers are gravitating toward TVs with 4K resolution due to the wide availability of new technology in the products. Major product makers such as Microsoft and Sony have introduced 4K-capable consoles to provide a more immersive & sophisticated gaming experience.


Global 4K Display Resolution Market products

Entertainment & media segment to expand at a considerable CAGR

On the basis of verticals, the market is segregated into business & education, aerospace & defense, and entertainment & media. The entertainment & media segment is projected to expand at a considerable CAGR during the forecast period owing to the increasing use of smart TVs by a large number of the population globally for entertainment purposes. It remains one of the principal uses of 4K technology due to factors such as increased desire for a better gaming experience and richer entertainment purposes.

Asia Pacific is anticipated to constitute a key market share

In terms of regions, the global 4K display resolution market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is expected to constitute a key share of market during the projected period owing to the expansion of the electronic industry in the region, impacted by massive funding. Moreover, the presence of key global players such as Samsung, LG, and Sony along with the wide adoption of smart devices across households in countries including Japan, South Korea, and Taiwan present another key aspect for the regional market growth. The rising consumer electronics sales in the region is attributed to increasing spending on high-quality digital advertising.


Global 4K Display Resolution Market region

Segments

Segments Covered in the Report
The global 4K display resolution market has been segmented on the basis of
Products

  • Smart TV
  • Monitor
  • Smartphone

Verticals

  • Business & Education
  • Aerospace & Defense
  • Entertainment & Media

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Players

 

Competitive Landscape

Key players competing in the global 4K display resolution market are Toshiba Corporation; LG Display Co. Ltd.; Sony Corporation; Sharp Corporation; and Samsung Electronics Co. Ltd. Some of these big firms are presently looking for various market development strategies such as product launch to enhance & gain market share in face of reduced production costs and strong competition. In April 2019, LG's chemical & material business acquired more than 500 patented assets from DuPont. It was a key step for the former company to extensively engage in developing soluble organic light-emitting diodes (OLEDs), with ambitions to incorporate the technology into its next-generation screens. In February 2019, Sony introduced the first ever 21:9 4K display smartphone, the Xperia 1, to re-enter the smartphone industry.

Global 4K Display Resolution Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 4K Display Resolution Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. 4K Display Resolution Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. 4K Display Resolution Market - Supply Chain
  4.5. Global 4K Display Resolution Market Forecast
     4.5.1. 4K Display Resolution Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. 4K Display Resolution Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. 4K Display Resolution Market Absolute $ Opportunity
5. Global 4K Display Resolution Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. 4K Display Resolution Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global 4K Display Resolution Demand Share Forecast, 2019-2026
6. North America 4K Display Resolution Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America 4K Display Resolution Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America 4K Display Resolution Demand Share Forecast, 2019-2026
7. Latin America 4K Display Resolution Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America 4K Display Resolution Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America 4K Display Resolution Demand Share Forecast, 2019-2026
8. Europe 4K Display Resolution Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe 4K Display Resolution Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe 4K Display Resolution Demand Share Forecast, 2019-2026
9. Asia Pacific 4K Display Resolution Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific 4K Display Resolution Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific 4K Display Resolution Demand Share Forecast, 2019-2026
10. Middle East & Africa 4K Display Resolution Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa 4K Display Resolution Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa 4K Display Resolution Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global 4K Display Resolution Market: Market Share Analysis
  11.2. 4K Display Resolution Distributors and Customers
  11.3. 4K Display Resolution Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Toshiba Corporation
     11.4.2. LG Display Co. Ltd.
     11.4.3. Sony Corporation
     11.4.4. Sharp Corporation
     11.4.5. Samsung Electronics Co. Ltd.

Segments Covered in the Report
The global 4K display resolution market has been segmented on the basis of
Products

  • Smart TV
  • Monitor
  • Smartphone

Verticals

  • Business & Education
  • Aerospace & Defense
  • Entertainment & Media

Regions

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Key Players

 

Key players competing in the global 4K display resolution market are Toshiba Corporation; LG Display Co. Ltd.; Sony Corporation; Sharp Corporation; and Samsung Electronics Co. Ltd. Some of these big firms are presently looking for various market development strategies such as product launch to enhance & gain market share in face of reduced production costs and strong competition. In April 2019, LG's chemical & material business acquired more than 500 patented assets from DuPont. It was a key step for the former company to extensively engage in developing soluble organic light-emitting diodes (OLEDs), with ambitions to incorporate the technology into its next-generation screens. In February 2019, Sony introduced the first ever 21:9 4K display smartphone, the Xperia 1, to re-enter the smartphone industry.

Global 4K Display Resolution Market keyplayers

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