Global 4k Display Market

Global 4K Display Market Size, Share, Growth Analysis, By Application(Aerospace & Defense, Consumer Electronics), By Product Type(Cameras, Digital Cameras), By Resolution Type(3840 X 2160, 3996 X 2160) - Industry Forecast 2024-2031

Report ID: SQSG45M2002 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 101 | Figures: 76

Global 4K Display Market Competitive Landscape

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 

  • Samsung Electronics Co., Ltd.
  • LG Display Co., Ltd.
  • Sony Corporation
  • Panasonic Corporation
  • Sharp Corporation
  • AU Optronics Corp.
  • Innolux Corporation
  • Toshiba Corporation
  • Hisense Electric Co., Ltd.
  • TCL Corporation
  • BOE Technology Group Co., Ltd.
  • Koninklijke Philips N.V.
  • EIZO Corporation
  • Planar Systems, Inc.
  • ViewSonic Corporation
  • NEC Display Solutions, Ltd.
  • BenQ Corporation
  • Christie Digital Systems USA, Inc.
  • Barco NV
  • Leyard Optoelectronic Co., Ltd.

4K Display Market

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FAQs

Global 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).

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. 'Samsung Electronics Co., Ltd.', 'LG Display Co., Ltd.', 'Sony Corporation', 'Panasonic Corporation', 'Sharp Corporation', 'AU Optronics Corp.', 'Innolux Corporation', 'Toshiba Corporation', 'Hisense Electric Co., Ltd.', 'TCL Corporation', 'BOE Technology Group Co., Ltd.', 'Koninklijke Philips N.V.', 'EIZO Corporation', 'Planar Systems, Inc.', 'ViewSonic Corporation', 'NEC Display Solutions, Ltd.', 'BenQ Corporation', 'Christie Digital Systems USA, Inc.', 'Barco NV', 'Leyard Optoelectronic Co., Ltd.'

The growing adoption of the technology by SMEs and large corporations is expected to drive the UK cloud 4k display market to a stable growth rate of around 29% by 2030. Many businesses are migrating their data to cloud-based infrastructure to improve communication, lower maintenance costs, accessibility, scalability, mobility, and data security. Global participants provide cloud-based MT in response to changing corporate needs.

Growing Popularity of OLEDs: One of the main drivers of the market's expansion at the moment is the increasing popularity of flat-screen televisions (TVs) around the globe. In addition, with the rise in demand for OLEDs, the market growth for energy efficient devices is anticipated to triple in the upcoming years.

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.

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