[FURL=https://www.industryarc.com/Research/4K-Technology-Market-Research-505449?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]4K Technology Market[/FURL] size is analysed to grow at a CAGR of 23.1% during the forecast 2021-2026 to reach $213.92 billion by 2026. 4K technology is replacing HD technology found in TV screens, computer monitors, cameras, and projectors. The term 4K refers to video signals with a horizontal resolution of 4,000 pixels or higher. The resolution of a 4K display is 4096 x 2160 pixels (approximately a 1.9:1 aspect ratio). A 4K image has nearly 8.3 million pixels in a full HD resolution produced by Blu-ray technology, whereas a 1080p image has slightly more than 2 million pixels.Key Takeaways
The Asia-Pacific region is rapidly urbanising. This trend is expected to continue in the coming years, bringing unprecedented demographic, economic, and social changes. The demand for premium products, such as 4K ultra hd video streaming, is increasing as people's standard of living rises.
As more players enter the market, the market trend is toward fragmentation. The market is being driven by a decrease in the manufacturing cost of 4K displays.
Image compression is the application of data compression to digital images with the goal of reducing image data redundancy in order to store or transmit data in an efficient manner. Lossy or lossless image compression is available. For artificial images such as technical drawings, icons, or comics, lossless compression is sometimes preferred. This is due to the fact that lossy compression methods, particularly when used at low bit rates, introduce compression artefacts.
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4K Technology Market Segment Analysis - Geography
APAC is analysed to be the major region with a share of 35.2% in 2020 for the 4K Technology Market. Japan, South Korea, and Taiwan account for a sizable portion of the 4K TV market, with players such as Samsung, LG, and Sony. Furthermore, rising consumer electronics sales in the region are fuelling demand for high-quality digital marketing. The decrease in the ASP of 4K TVs due to falling manufacturing costs is driving the market to its limit with the technology. Key players are now implementing tactics to develop new goods in collaboration with other IT giants in order to increase market share.
4K Technology Market Drivers
Advancement in Technology
Higher resolution and better efficiency
4K Technology Market Landscape
4K Technology top 10 companies are Samsung Electronics Co. Ltd, Sony Corporation, LG Electronics, Inc., Canon Inc., Hisense Electric Co. Ltd., Sharp Corporation, Panasonic Corporation, Blackmagic Design Pty Ltd., TCL Corporation, Skyworth Digital Holdings Ltd. among others.
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