Acknowledging the kind of traction gained by this market, recently published a study report asserts the global 8K Technology Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 45.5% during the review period (2022 to 2027).
The market for 8K televisions is expected to witness the largest shipment during the forecast period. Large-screen and high-resolution TVs offer better quality and realistic images, as well as an enhanced viewing experience, which drives the 8K technology market growth. APAC is expected to account for the largest share of the 8K television market during the forecast period owing to the presence of many 8K TV manufacturers. Japan will be hosting the 2020 Summer Olympics. Therefore, TV manufacturers are increasingly focusing on streaming TV experience to meet the rising demand of viewers for a seamless streaming experience of the Olympic Games. Additionally, the advent of 5G in the country is likely to propel the growth of the 8K TV market in the region.
Industry News:
Exhibiting New Products, Solutions, and Technologies from the JVC and KENWOOD Brands
JVCKENWOOD Corporation will exhibit at the Consumer Electronics Show (CES) 2019, one of the world’s largest electronics shows, to be held from January 8 (Tue.) to 11 (Fri.), 2019 (local time), in Las Vegas, Nevada, USA.
By Type, it is segmented into
In the Asia-Pacific region, China and Japan dominate the 8K technology market. China is emerging as a leading consumer product manufacturing hub, with local players expanding their market share in all segments. Therefore, China is expected to witness high growth in the 8K technology market.
Japan introduced a broadcast channel dedicated to 8K content, and this gives an in-depth look at the complicated requirements. To enjoy 8K media, one may need an 8K TV, a dedicated satellite to receive the transmission, and in some cases, a replacement for boosters and distributor boxes. Additionally, Japan is pioneering this technology with plans to broadcast the 2020 Olympics in 8K.
All these factors greatly affect the 8K Technology Market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The 8K Technology Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global 8K Technology Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes
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Report Details |
Forecast Period 2022 to 2028 CAGR |
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By Type |
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By Applications |
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By Companies
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| JVCKENWOOD Corporation, Digital Projection, Red Digital Cinema, Dell Technologies, Samsung Electronics, Japan Display Inc., Innolux Corporation, AU Optronics Corp., Sharp Corporation, LG Electronics, Sony Corporation, Leyard Optoelectronic, Canon Inc., BOE Technology, Panasonic Corporation |
Regions Covered
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Countries Covered |
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Base Year
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2022 |
Historical Year
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2017 to 2021 |
Forecast Year
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2022 to 2027 |
Number of Pages |
| 121 |
Customization Available
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| Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The 8K Technology Market is studied from 2017 - 2027.
What is the growth rate of 8K Technology Market?
The 8K Technology Market is growing at a CAGR of 45.5% over the next 5 years.
Who are the key players in 8K Technology Market?
JVCKENWOOD Corporation, Digital Projection, Red Digital Cinema, Dell Technologies, Samsung Electronics, Japan Display Inc., Innolux Corporation, AU Optronics Corp., Sharp Corporation, LG Electronics, Sony Corporation, Leyard Optoelectronic, Canon Inc., BOE Technology, Panasonic Corporation
What region does this 8K Technology Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of 8K Technology Market?
What are the major Applications of 8K Technology Market?
Sports & Entertainment Industry, Consumer Electronics, Healthcare/Medical Industry, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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