Market Size of 4K Display Resolution Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 23.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
4K Display Resolution Market Analysis
The 4K display resolution market was valued at USD 61.48 billion in 2020 and is expected to reach USD 213.92 billion by 2026, registering a CAGR of 23.1% over the forecast period. The 4K display innovations are expected to upgrade the television viewing experience of consumers by providing them with video quality that is twice as good as HD and four times that of regular television. The demand for higher-quality display resolutions is gaining momentum due to the desire for unusual consumer experiences with highly defined pixel quality, like 4K display resolution.
Many players are entering the market, and the market trend is moving toward fragmentation. The decline in the manufacturing cost of 4K displays is driving the market.
To facilitate the adoption of 4K display higher resolutions full HD products by consumers, vendors are integrating the technology into their existing product lines with moderate replacement costs.
The demand for gaming consoles and devices by major gaming brands, like Sony, has seen a significant increase owing to the increasing gaming industry. Thus, the requirement for good 4K LED screens has been increasing, driving the market.
Post-COVID-19, the market has seen a significant boost as the requirements for smartphones and laptops have increased due to the work-from-from culture opted for by many organizations.
4K Display Resolution Industry Segmentation
4K resolution display gives the sharpest picture quality. The display is almost four times as many pixels as high definition display. The study is restricted to 4K display panels used in various products, like monitors, smart TVs, and smartphones. Finished/final products, such as 4K UHD and 4K OLED TVs, are not considered.
The 4K display resolution market is segmented by Product (monitor, smart TV, and smartphone), vertical (aerospace and defense, business and education, and entertainment and media), and geography. The market sizes and forecasts are provided in terms of value (in USD billion) for all the above segments.
| By Product Type | |
| Monitor | |
| Smart TV | |
| Smartphone | |
| Other Product Types |
| By End-user Vertical | |
| Aerospace and Defence | |
| Business and Education | |
| Entertainment and Media | |
| Retail and Advertisement | |
| Other End-user Verticals |
| Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Rest of the World |
4K Display Resolution Market Size Summary
The 4K display resolution market is experiencing significant growth, driven by advancements in display technology that enhance consumer viewing experiences with superior video quality. The market is characterized by a trend towards fragmentation, with numerous players entering the space. The decreasing manufacturing costs of 4K displays are a key factor propelling market expansion. The integration of 4K technology into existing product lines by vendors is facilitating consumer adoption, supported by the rising demand for high-quality displays in gaming consoles and devices. The post-COVID-19 era has further boosted the market, as the increased reliance on smartphones and laptops for remote work has heightened the demand for 4K displays. The entertainment and media industry remains a primary application area, fueled by the growing appetite for immersive gaming experiences and the availability of 4K content.
In regions like Japan, South Korea, and Taiwan, the market for 4K displays is robust, supported by major players such as Samsung, LG, and Sony. The decline in average selling prices of 4K TVs, due to reduced manufacturing costs, is expanding the market's reach. Key industry players are leveraging strategic partnerships and product launches to enhance their market presence. The retail sector's growth, increased advertising spending, and advancements in public and private infrastructure are further contributing to the market's expansion. The market is relatively fragmented, with a few major players holding significant shares, but high competition and decreasing costs are prompting companies to adopt innovative strategies to capture more market share.
4K Display Resolution Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain
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1.4 COVID-19 Impact on the Industry
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2. MARKET SEGMENTATION
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2.1 By Product Type
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2.1.1 Monitor
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2.1.2 Smart TV
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2.1.3 Smartphone
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2.1.4 Other Product Types
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2.2 By End-user Vertical
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2.2.1 Aerospace and Defence
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2.2.2 Business and Education
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2.2.3 Entertainment and Media
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2.2.4 Retail and Advertisement
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2.2.5 Other End-user Verticals
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2.3 Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 Rest of the World
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4K Display Resolution Market Size FAQs
What is the current 4K Display Resolution Market size?
The 4K Display Resolution Market is projected to register a CAGR of 23.10% during the forecast period (2024-2029)
Who are the key players in 4K Display Resolution Market?
Sony Corporation, LG Display Co. Ltd, Samsung Electronics Co. Ltd, Toshiba Corporation and Sharp Corporation are the major companies operating in the 4K Display Resolution Market.
