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 |
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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.
