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Global 8K Market Size, Share, Trends, Analysis, Forecast: By Product: Camera, Monitor, Television, Projector, Other; By End Use: Consumer Electronics, Medical Industry, Sports and Entertainment Industry, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global 8K Market Outlook
The global 8K market size reached nearly USD 14.67 billion in 2023. The market is projected to grow at a CAGR of 30.8% between 2024 and 2032 to reach a value of around USD 164.54 billion by 2032.
8K refers to a type of resolution which offers sharper and more detailed picture quality. In 8K resolution, approximately 8,000 pixels are found on the horizontal edge. 8K technology is usually incorporated in high-end televisions.
It is also known as 4320p since it typically has a resolution of 7680 × 4320 pixels, which amounts to four times the pixel count of 4K resolution and sixteen times that of Full HD. Like 4K, 8K usually maintains the standard 16:9 aspect ratio, making it compatible with most modern content formats. 8K displays offer incredibly detailed and crisp images, making them ideal for large screens where viewers might be able to discern individual pixels at lower resolutions. This high resolution is particularly beneficial in applications such as professional video editing, large public displays, and high-end home theatres.
Key Trends in the Market
Increasing demand for 8K resolution to enhance the viewing experience and growing technological advancements
Technological advancements in sectors such as broadcast and display have been escalating the demand for 8K resolution to enhance the viewing experience of the audience. Developments in areas like OLED and QLED technologies, HDR (High Dynamic Range), and improved colour accuracy enhance the overall appeal of 8K displays beyond just resolution. Advances in broadcasting technologies, including fibre optics and 5G networks, increase the ability to transmit 8K content, making it more feasible for widespread distribution.
As satellite and cable providers upgrade their infrastructure, they can support the bandwidth requirements of 8K, potentially increasing the availability of 8K content. Furthermore, the gaming industry's push towards higher resolutions and more immersive experiences can drive demand for 8K displays, especially as gaming consoles and PCs become capable of rendering games at 8K. This is expected to enhance the 8K market demand in the coming years.
Increasing use of devices with 8K resolution across diverse end use sectors, including medical industry
The level of detail available with 8K can aid in the early detection of diseases, such as spotting smaller tumours in cancer screenings. In laparoscopic or robotic surgeries, 8K technology provides surgeons with extremely clear and detailed images, enhancing their ability to perform precise and minimally invasive procedures.
Combined with 3D technology, 8K can create more immersive and realistic visualisations, aiding surgeons in complex procedures. Increasing applications of 8K in medical devices to support complex surgeries and treatments is guiding the 8K market growth. Over the forecast period, advancements in medical technology to observe fine details and enhance the safety of complex surgeries are likely to expand growth opportunities for the market in the coming years.
Moreover, with 8K resolution, telemedicine consultations can offer more detailed visual information, improving the quality of remote diagnoses and patient consultations. High-resolution images can be shared and analysed by specialists worldwide, facilitating collaborative diagnosis and treatment planning.
Increasing focus on integrating advanced features and new product launches by manufacturers
Increasing product launches, such as 8K QLED television models with large sizes, integrated with smart features, are some of the crucial 8K market trends. In the gaming sector, the first 8K ultrawide gaming monitors are set to launch in 2023, leveraging the capabilities of AMD's new GPUs with DisplayPort 2.1 ports. Samsung's Odyssey Neo G9, a standout product in this category, is scheduled for an October release.
Additionally, Samsung is focusing on increasing 8K content availability for their 8K TV owners through a partnership with Savage Stock. They have introduced three new product lines: the QN900, QN800, and QN700 ranges. Additionally, a 150” version of their 8K TV is expected to launch in the second half of 2023, featuring advanced technologies like auto-focus and auto-keystone correction.
Market Segmentation
Based on product, the market is segmented into camera, monitor, television, and projector, among others. On the basis of end use, the 8K market segmentations include consumer electronics, medical industry, and sports and entertainment industry, among others. The major regional markets for 8K include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global 8K market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Samsung Electronics Co. Ltd.
- LG Electronics Inc.
- Sony Corporation
- Canon Inc.
- Dell Technologies Inc.
- Sharp Corporation
- RED Digital Cinema, LLC
- Hisense International Co., Ltd.
- Panasonic Holdings Corporation
- Digital Projection Ltd.
- Others
Market Share by End Use
The consumer electronics sector accounts for a significant portion of the 8K market share. 8K is increasingly implemented in various consumer electronics such as laptops, digital cameras, monitors, and televisions, among others. Growing affordability of 8K consumer electronics, rapid urbanisation, and healthy economic growth in developing countries are heightening the segment’s growth. Moreover, the rising demand for 8K content, coupled with the increasing accessibility to 5G network, is anticipated to further surge the demand for 8K consumer electronics in the coming years.
Market Share by Region
As per the 8K market analysis, the Asia Pacific is projected to rapidly grow in the forecast period. This can be attributed to the large population base with growing disposable incomes across economies such as India and China, which are escalating sales of consumer electronics.
The region is also home to pioneers in 8K technology, including Samsung, Sharp, and Panasonic, among others. Moreover, the increasing launch of 8K smartphones, along with the rising use of the technology in the healthcare sector in countries like Japan, is further adding to the market demand.
Competitive Landscape
Samsung Electronics Co. Ltd. is a leading company which manufactures high-quality consumer electronics such as refrigerators, dishwashers, televisions, wall ovens, and vacuums, among others. It was founded in 1969 and is headquartered in Suwon-Si, South Korea.
LG Electronics Inc. is a multinational electronics company which was founded in 1958 and is headquartered in Seoul, South Korea. The company manufactures and sells commercial display devices, IT products, and compressors and motors, among other products.
Sony Corporation is a multinational conglomerate which was established in 1946 and is headquartered in Tokyo, Japan. The product portfolio of this company includes televisions and home theatres, gaming gear, cameras, and car audio, among others.
Other 8K market players include Canon Inc., Dell Technologies Inc., Sharp Corporation, RED Digital Cinema, LLC, Hisense International Co., Ltd., Panasonic Holdings Corporation, and Digital Projection Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global 8K Market Analysis
8.1 Key Industry Highlights
8.2 Global 8K Historical Market (2018-2023)
8.3 Global 8K Market Forecast (2024-2032)
8.4 Global 8K Market by Product
8.4.1 Camera
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Monitor
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Television
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Projector
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Other
8.5 Global 8K Market by End Use
8.5.1 Consumer Electronics
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Medical Industry
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Sports and Entertainment Industry
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global 8K Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America 8K Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe 8K Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific 8K Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America 8K Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa 8K Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Samsung Electronics Co. Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 LG Electronics Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Sony Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Canon Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Dell Technologies Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Sharp Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 RED Digital Cinema, LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Hisense International Co., Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Panasonic Holdings Corporation
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Digital Projection Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global 8K Market: Key Industry Highlights, 2018 and 2032
2. Global 8K Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Global 8K Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Global 8K Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global 8K Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global 8K Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global 8K Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America 8K Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America 8K Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe 8K Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe 8K Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific 8K Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific 8K Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America 8K Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America 8K Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa 8K Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa 8K Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global 8K Market Structure
Key Questions Answered in the Report
The market reached a value of nearly USD 14.67 billion in 2023.
The market is estimated to grow at a CAGR of 30.8% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 164.54 billion by 2032.
The increasing application of 8K in medical devices to support complex surgeries and treatments, growing affordability of consumer electronics, and rapid urbanisation are the major drivers of the market.
The key trends in the market include technological developments in sectors such as broadcast, display, and signal transport, among others, and progressive product launches.
Camera, monitor, television, and projector, among others, are the different products included in the market report.
Consumer electronics, medical industry, and sports and entertainment industry, among others, are the major end uses of 8K.
Samsung Electronics Co. Ltd., LG Electronics Inc., Sony Corporation, Canon Inc., Dell Technologies Inc., Sharp Corporation, RED Digital Cinema, LLC, Hisense International Co., Ltd., Panasonic Holdings Corporation, and Digital Projection Ltd., among others, are the key market players.
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