4K Technology Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2021 - 2026

Report Code: ESR 26367 Report Format: PDF + Excel

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

4K Technology Market

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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

1. 4K Technology Market Overview
    1.1 Definitions and Scope
2. 4K Technology Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key trends By Product Type
    2.3 Key trends segmented by Geography
3. 4K Technology Market – Market Landscape
    3.1 Comparative Analysis
        3.1.1 Product/Company Benchmarking-Top 5 Companies
        3.1.2 Top 5 Financial Analysis
        3.1.3 Market Value Split by Top 5 Companies
        3.1.4 Patent Analysis
        3.1.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. 4K Technology Market – Industry Market Entry Scenario Premium (Premium)
    4.1 Regulatory Scenario
    4.2 Ease of Doing Business Index
    4.3 Case Studies
    4.4 Customer Analysis
5. 4K Technology Market – Startup Company Scenario (Premium)
    5.1 Venture Capital and Funding Scenario
    5.2 Startup Company Analysis
6. 4K Technology Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. 4K Technology Market – By Strategic Analysis (Market Size -$Million/Billion)
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Product Life Cycle/Market Life Cycle Analysis
    7.4 Suppliers and Distributors
8. 4K Technology Market – By Product (Market Size -$Million/Billion)
    8.1 Set-Top box
    8.2 TV
    8.3 Camera
    8.4 Digital Signage
    8.5 Blu-Ray Player
    8.6 Smartphone
    8.7 Monitor
    8.8 Projector
    8.9 Tablet
    8.10 Others
9. 4K Technology Market – By Verticals (Market Size -$Million/Billion)
    9.1 Media & Entertainment
    9.2 Aerospace & Defense
    9.3 Healthcare & Life science
    9.4 Business & Education
    9.5 Others
10. 4K Technology Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Chile
        10.2.4 Colombia
        10.2.5 Others
    10.3 Europe
        10.3.1 Germany
        10.3.2 France
        10.3.3 UK
        10.3.4 Italy
        10.3.5 Spain
        10.3.6 Russia
        10.3.7 Netherlands
        10.3.8 Others
    10.4 APAC
        10.4.1 China
        10.4.2 Japan
        10.4.3 South Korea
        10.4.4 India
        10.4.5 Australia
        10.4.6 Indonesia
        10.4.7 Malaysia
        10.4.8 Others
    10.5 RoW
        10.5.1 Middle East
        10.5.2 Africa
11. 4K Technology Market - Market Entropy
    11.1 New product launches
    11.2 M&A's, collaborations, JVs and partnerships
12. 4K Technology Market – Industry Competition Landscape (Premium)
    12.1 Market Share Global
    12.2 Market Share by Region
    12.3 Market Share By Product Type
13. 4K Technology Market – Key Company List by Country Premium (Premium)
14. 4K Technology Market - Company Analysis
    14.1 Asustek Computer Inc
    14.2 Blackmagic Design Pty Ltd
    14.3 Canon Inc
    14.4 Hisense Co , Ltd
    14.5 Lg Electronics Inc
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
"*Financials would be provided on a best-efforts basis for private companies"

LIST OF TABLES

1.Global 4K Technology Market By Product Market 2019-2024 ($M)
1.1 4K Tv Market 2019-2024 ($M) - Global Industry Research
1.1.1 4K Tv Market, By Screen Size Market 2019-2024 ($M)
1.1.2 4K Tvs, By Technology Market 2019-2024 ($M)
1.2 4K Digital Signage Market 2019-2024 ($M) - Global Industry Research
1.2.1 4K Digital Signage Panel Market 2019-2024 ($M)
1.2.2 4K Digital Signage Medium Player Market 2019-2024 ($M)
1.3 4K Set-Top Box Market 2019-2024 ($M) - Global Industry Research
1.4 4K Smartphones Market 2019-2024 ($M) - Global Industry Research
1.5 4K Tablet Market 2019-2024 ($M) - Global Industry Research
1.6 4K Laptop Market 2019-2024 ($M) - Global Industry Research
1.7 4K Projector Market 2019-2024 ($M) - Global Industry Research
1.8 4K Camera Market 2019-2024 ($M) - Global Industry Research
1.8.1 4K Digital Camera Market 2019-2024 ($M)
1.8.2 4K Action Camera Market 2019-2024 ($M)
1.9 4K Blu-Ray Player Market 2019-2024 ($M) - Global Industry Research
2.Global 4K Technology Market By Product Market 2019-2024 (Volume/Units)
2.1 4K Tv Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 4K Tv Market, By Screen Size Market 2019-2024 (Volume/Units)
2.1.2 4K Tvs, By Technology Market 2019-2024 (Volume/Units)
2.2 4K Digital Signage Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 4K Digital Signage Panel Market 2019-2024 (Volume/Units)
2.2.2 4K Digital Signage Medium Player Market 2019-2024 (Volume/Units)
2.3 4K Set-Top Box Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 4K Smartphones Market 2019-2024 (Volume/Units) - Global Industry Research
2.5 4K Tablet Market 2019-2024 (Volume/Units) - Global Industry Research
2.6 4K Laptop Market 2019-2024 (Volume/Units) - Global Industry Research
2.7 4K Projector Market 2019-2024 (Volume/Units) - Global Industry Research
2.8 4K Camera Market 2019-2024 (Volume/Units) - Global Industry Research
2.8.1 4K Digital Camera Market 2019-2024 (Volume/Units)
2.8.2 4K Action Camera Market 2019-2024 (Volume/Units)
2.9 4K Blu-Ray Player Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America 4K Technology Market By Product Market 2019-2024 ($M)
3.1 4K Tv Market 2019-2024 ($M) - Regional Industry Research
3.1.1 4K Tv Market, By Screen Size Market 2019-2024 ($M)
3.1.2 4K Tvs, By Technology Market 2019-2024 ($M)
3.2 4K Digital Signage Market 2019-2024 ($M) - Regional Industry Research
3.2.1 4K Digital Signage Panel Market 2019-2024 ($M)
3.2.2 4K Digital Signage Medium Player Market 2019-2024 ($M)
3.3 4K Set-Top Box Market 2019-2024 ($M) - Regional Industry Research
3.4 4K Smartphones Market 2019-2024 ($M) - Regional Industry Research
3.5 4K Tablet Market 2019-2024 ($M) - Regional Industry Research
3.6 4K Laptop Market 2019-2024 ($M) - Regional Industry Research
3.7 4K Projector Market 2019-2024 ($M) - Regional Industry Research
3.8 4K Camera Market 2019-2024 ($M) - Regional Industry Research
3.8.1 4K Digital Camera Market 2019-2024 ($M)
3.8.2 4K Action Camera Market 2019-2024 ($M)
3.9 4K Blu-Ray Player Market 2019-2024 ($M) - Regional Industry Research
4.South America 4K Technology Market By Product Market 2019-2024 ($M)
4.1 4K Tv Market 2019-2024 ($M) - Regional Industry Research
4.1.1 4K Tv Market, By Screen Size Market 2019-2024 ($M)
4.1.2 4K Tvs, By Technology Market 2019-2024 ($M)
4.2 4K Digital Signage Market 2019-2024 ($M) - Regional Industry Research
4.2.1 4K Digital Signage Panel Market 2019-2024 ($M)
4.2.2 4K Digital Signage Medium Player Market 2019-2024 ($M)
4.3 4K Set-Top Box Market 2019-2024 ($M) - Regional Industry Research
4.4 4K Smartphones Market 2019-2024 ($M) - Regional Industry Research
4.5 4K Tablet Market 2019-2024 ($M) - Regional Industry Research
4.6 4K Laptop Market 2019-2024 ($M) - Regional Industry Research
4.7 4K Projector Market 2019-2024 ($M) - Regional Industry Research
4.8 4K Camera Market 2019-2024 ($M) - Regional Industry Research
4.8.1 4K Digital Camera Market 2019-2024 ($M)
4.8.2 4K Action Camera Market 2019-2024 ($M)
4.9 4K Blu-Ray Player Market 2019-2024 ($M) - Regional Industry Research
5.Europe 4K Technology Market By Product Market 2019-2024 ($M)
5.1 4K Tv Market 2019-2024 ($M) - Regional Industry Research
5.1.1 4K Tv Market, By Screen Size Market 2019-2024 ($M)
5.1.2 4K Tvs, By Technology Market 2019-2024 ($M)
5.2 4K Digital Signage Market 2019-2024 ($M) - Regional Industry Research
5.2.1 4K Digital Signage Panel Market 2019-2024 ($M)
5.2.2 4K Digital Signage Medium Player Market 2019-2024 ($M)
5.3 4K Set-Top Box Market 2019-2024 ($M) - Regional Industry Research
5.4 4K Smartphones Market 2019-2024 ($M) - Regional Industry Research
5.5 4K Tablet Market 2019-2024 ($M) - Regional Industry Research
5.6 4K Laptop Market 2019-2024 ($M) - Regional Industry Research
5.7 4K Projector Market 2019-2024 ($M) - Regional Industry Research
5.8 4K Camera Market 2019-2024 ($M) - Regional Industry Research
5.8.1 4K Digital Camera Market 2019-2024 ($M)
5.8.2 4K Action Camera Market 2019-2024 ($M)
5.9 4K Blu-Ray Player Market 2019-2024 ($M) - Regional Industry Research
6.APAC 4K Technology Market By Product Market 2019-2024 ($M)
6.1 4K Tv Market 2019-2024 ($M) - Regional Industry Research
6.1.1 4K Tv Market, By Screen Size Market 2019-2024 ($M)
6.1.2 4K Tvs, By Technology Market 2019-2024 ($M)
6.2 4K Digital Signage Market 2019-2024 ($M) - Regional Industry Research
6.2.1 4K Digital Signage Panel Market 2019-2024 ($M)
6.2.2 4K Digital Signage Medium Player Market 2019-2024 ($M)
6.3 4K Set-Top Box Market 2019-2024 ($M) - Regional Industry Research
6.4 4K Smartphones Market 2019-2024 ($M) - Regional Industry Research
6.5 4K Tablet Market 2019-2024 ($M) - Regional Industry Research
6.6 4K Laptop Market 2019-2024 ($M) - Regional Industry Research
6.7 4K Projector Market 2019-2024 ($M) - Regional Industry Research
6.8 4K Camera Market 2019-2024 ($M) - Regional Industry Research
6.8.1 4K Digital Camera Market 2019-2024 ($M)
6.8.2 4K Action Camera Market 2019-2024 ($M)
6.9 4K Blu-Ray Player Market 2019-2024 ($M) - Regional Industry Research
7.MENA 4K Technology Market By Product Market 2019-2024 ($M)
7.1 4K Tv Market 2019-2024 ($M) - Regional Industry Research
7.1.1 4K Tv Market, By Screen Size Market 2019-2024 ($M)
7.1.2 4K Tvs, By Technology Market 2019-2024 ($M)
7.2 4K Digital Signage Market 2019-2024 ($M) - Regional Industry Research
7.2.1 4K Digital Signage Panel Market 2019-2024 ($M)
7.2.2 4K Digital Signage Medium Player Market 2019-2024 ($M)
7.3 4K Set-Top Box Market 2019-2024 ($M) - Regional Industry Research
7.4 4K Smartphones Market 2019-2024 ($M) - Regional Industry Research
7.5 4K Tablet Market 2019-2024 ($M) - Regional Industry Research
7.6 4K Laptop Market 2019-2024 ($M) - Regional Industry Research
7.7 4K Projector Market 2019-2024 ($M) - Regional Industry Research
7.8 4K Camera Market 2019-2024 ($M) - Regional Industry Research
7.8.1 4K Digital Camera Market 2019-2024 ($M)
7.8.2 4K Action Camera Market 2019-2024 ($M)
7.9 4K Blu-Ray Player Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US 4K Technology Market Revenue, 2019-2024 ($M)
2.Canada 4K Technology Market Revenue, 2019-2024 ($M)
3.Mexico 4K Technology Market Revenue, 2019-2024 ($M)
4.Brazil 4K Technology Market Revenue, 2019-2024 ($M)
5.Argentina 4K Technology Market Revenue, 2019-2024 ($M)
6.Peru 4K Technology Market Revenue, 2019-2024 ($M)
7.Colombia 4K Technology Market Revenue, 2019-2024 ($M)
8.Chile 4K Technology Market Revenue, 2019-2024 ($M)
9.Rest of South America 4K Technology Market Revenue, 2019-2024 ($M)
10.UK 4K Technology Market Revenue, 2019-2024 ($M)
11.Germany 4K Technology Market Revenue, 2019-2024 ($M)
12.France 4K Technology Market Revenue, 2019-2024 ($M)
13.Italy 4K Technology Market Revenue, 2019-2024 ($M)
14.Spain 4K Technology Market Revenue, 2019-2024 ($M)
15.Rest of Europe 4K Technology Market Revenue, 2019-2024 ($M)
16.China 4K Technology Market Revenue, 2019-2024 ($M)
17.India 4K Technology Market Revenue, 2019-2024 ($M)
18.Japan 4K Technology Market Revenue, 2019-2024 ($M)
19.South Korea 4K Technology Market Revenue, 2019-2024 ($M)
20.South Africa 4K Technology Market Revenue, 2019-2024 ($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)