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8K Technology Market by Product (Television (OLED, LED-LCD, QD-LCD, Micro-LED), Monitor & Notebook, Professional Camera, Projector), End User (Consumer, Sports & Entertainment, Medical), and Geography - Global Forecast to 2024

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Date: 26-Mar-2019
No. of pages: 143
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“8K technology market expected to grow at CAGR of 55.5% from 2019 to2024”

The 8K technology market is projected to reach USD 26.8 billion by 2024 from USD 2.9 Billion in 2019—recording a CAGR of 55.5%. Advancements in display technology, financial assistance by governments, and expansion of production capabilities for 8K UHD display panels; availability of various products for the creation and delivery of 8K content; and increased demand for larger-sized TVs with higher resolution are a few major factors driving the 8K technology market growth. However, factors such as limited 8K content availability and uncertainty about 8K technology use in smartphone, tablet, automotive, and several other segments are restraining the growth of 8K technology market.

“Television segment is expected to hold largest share of 8K technology market during forecast period”

TV screens are larger in size than that of tablets and monitors; therefore, when differentiating on the basis of clarity and viewer experience, consumers prefer 8K TVs. They are showing interest in large-screen TVs with better picture quality as they want theatre-like experience at home. Hence, the market for 8K TVs is likely to witness a significant growth rate in the coming years. Therefore, TV manufacturers have immediately accepted 8K UHD technology that allows users to see rich details even when they sit very close to the television owing to its higher resolution.

“Consumers segment to dominate the 8K technology market during forecast period”

The consumers segment is expected to account for the largest market share during the forecast period. 8K technology is integrated into televisions, professional cameras, monitors and notebooks, and projectors, for which consumers have high demand. Thus, the increasing use of high-resolution devices by consumers, as well as by sports and entertainment and medical industries is expected to drive the 8K technology market growth.

“APAC is likely to account for major share of8K technology market during forecast period”

APAC is expected to hold the largest share of the8K technology market during the forecast period. APAC is home to major 8K product manufacturers; moreover, the region has the largest consumer base. Companies in this region are boosting their production and broadening their distribution. Hence, APAC is expected to be the largest market for 8K technology during the forecast period. Meanwhile, North America is projected to hold the second-largest market size during the forecast period.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below:


  • By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%

  • By Designation: C-Level Executives – 30%, Directors – 45%, and Others – 25%

  • By Region: North America – 40%, Europe – 20%, APAC – 35%, and RoW– 5%


Samsung Electronics (South Korea), LG Electronics (South Korea), Sony Corporation (Japan), JVCKENWOOD Corporation (Japan), Sharp Corporation (Japan), Canon Inc. (Japan), Red Digital Cinema (US), Dell Technologies (US), Leyard Optoelectronic (China), Digital Projection (UK), Panasonic (US), Hisense (China), Changhong Electric (China), Viewsonic (US), TP Vision (PHILIPS) (China), Ikegami Tsushinki (Japan), TCL Corp. (China), BOE Technology (China), Sharp (Japan), Innolux Corp. (Taiwan), Japan Display Inc. (Japan), and AU Optronics (Taiwan) are the major players in the 8K technology market.

Research Coverage:

The report defines, describes, and forecaststhe8K technology market on the basis ofproduct type, end user, and geography. It provides detailed information regarding major factors influencing the growth of the 8K technology market (drivers, restraints, opportunities, and challenges). It also analyzes competitive strategies, such as collaborations, partnerships, acquisitions, investments, and product launches and developments, carried out by key players to grow in the market.

Reasons to Buy the Report:


  • Illustrative segmentation, analysis, and forecast pertaining to the 8K technology market based on product type, end user, and geography have been conducted.

  • Major drivers, restraints, opportunities, and challengesinfluencingthe8K technology market growth have been detailed in this report.

  • The report includes a detailed competitive landscape of key players in the market and their revenues.

8K Technology Market by Product (Television (OLED, LED-LCD, QD-LCD, Micro-LED), Monitor & Notebook, Professional Camera, Projector), End User (Consumer, Sports & Entertainment, Medical), and Geography - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Growth of 8K Technology Market
4.2 Global 8K Technology Market, By Product
4.3 Global 8K Technology Market, By End User
4.4 8K Technology Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Advancements in Display Technology, Financial Assistance By Governments, and Expansion of Production Capabilities for 8K Uhd Display Panels
5.2.1.2 Availability of Various Products for Creation and Delivery of 8K Content
5.2.1.3 Increased Demand for Larger-Sized TVs With Higher Resolution
5.2.2 Restraints
5.2.2.1 Limited 8K Content Availability
5.2.2.2 Uncertainty About 8K Technology Use in Smartphone, Tablet, Automotive, and Several Other Segments
5.2.3 Opportunities
5.2.3.1 8K Broadcasts in Sports and Entertainment
5.2.3.2 Proliferation of 5g and Increasing On-Demand Content
5.2.3.3 Growth Potential in Digital Signage Space
5.2.3.4 Strong Demand for 8K Technology From Several APAC Countries
5.2.4 Challenges
5.2.4.1 High Cost of 8K Technology-Based Products
5.2.4.2 Computational Complexity and High Bandwidth Requirements for Video Streaming

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.2.1 Component Providers
6.2.2 Product Suppliers
6.2.3 Applications
6.2.4 Content Suppliers
6.2.5 End-User Industries
6.3 Status of 4K Technology
6.3.1 4K Industry Overview
6.3.2 4K Television Sets
6.3.3 4K Cameras
6.3.4 4K Projectors
6.3.5 4K Content and Broadcast
6.4 Potential of 8K Displays in Hmds

7 8K Technology Market, By Product
7.1 Introduction
7.2 Television
7.2.1 Display Technology
7.2.1.1 LED-LCD
7.2.1.2 QD-LCD
7.2.1.3 OLED
7.2.1.4 Micro-LED
7.3 Monitor and Notebook
7.3.1 Increasing Fascination of End Users for Bigger Screens With Higher Resolution to Drive Market for 8K Monitor and Notebook
7.4 Professional Camera
7.4.1 APAC to Account for Largest Demand of 8K Professional Cameras By 2024
7.5 Projector
7.5.1 Auditoriums, Full Domes, Museums, and Movie Theaters to Be Major Applications of 8K Projectors

8 8K Technology Market, By End User
8.1 Introduction
8.2 Consumers
8.2.1 Increasing Demand for Large-Sized Televisions By Consumers to Drive 8K Technology Market
8.3 Sports & Entertainment Industry
8.3.1 8K Broadcast in Sports and Entertainment Will Propel 8K Technology Market During Forecast Period
8.4 Medical Industry
8.4.1 Growing Demand of High Resolution Monitors in Medical Applications to Push 8K Technology Market
8.5 Other Industries
8.5.1 Retail, Hospitality, Defense, Education, and Corporate Expected to Be Other Major Industries in 8K Technology Market

9 Geographic Analysis
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.1.1 Growing Popularity and Awareness of High-Resolution TVs to Drive 8K Technology Market in China
9.2.2 Japan
9.2.2.1 2020 Summer Olympics Broadcast in 8K is Expected to Propel The Market in Japan
9.2.3 South Korea
9.2.3.1 Increasing Demand for 8K TVs to Drive The Market in South Korea
9.2.4 Rest of APAC
9.2.4.1 8K Technology Market Growth in Rest of APAC is Expected Mainly From TVs
9.3 North America
9.3.1 US
9.3.1.1 High Demand for 8K Products Including TVs, Cameras, and Projectors is Expected in US During Forecast Period
9.3.2 Canada & Mexico
9.3.2.1 Growing Popularity and Awareness About 8K Products to Drive 8K Technology Market in Canada & Mexico
9.4 Europe
9.4.1 UK
9.4.1.1 UK to Account for Major Demand of 8K Products in Europe During Forecast Period
9.4.2 Germany
9.4.2.1 Rising Demand for High-End Products to Drive 8K Technology Market in Germany
9.4.3 France
9.4.3.1 Strong Economic Condition to Lead France to Be Among Early Adopters of 8K Products
9.4.4 Rest of Europe
9.4.4.1 Advent of 5g in Rest of Europe to Drive 8K Technology Market During Forecast Period
9.5 Rest of The World (RoW)
9.5.1 Middle East and Africa
9.5.1.1 Increasing Consumers for High-End Products in Middle East to Drive 8K Technology Market
9.5.2 South America
9.5.2.1 Camera, Projector, and TVs to Be Major 8K Products in South America in Terms of Demand During Forecast Period

10 Competitive Landscape
10.1 Overview
10.2 Player Ranking Analysis: 8K Technology Market
10.3 Competitive Leadership Mapping
10.3.1 Visionary Leaders
10.3.2 Dynamic Differentiators
10.3.3 Innovators
10.3.4 Emerging Companies
10.4 Strength of Product Portfolio
10.5 Business Strategy Excellence
10.6 Competitive Situations and Trends

11 Company Profiles
11.1 Introduction
11.2 Key Players
(Business Overview, Products & Solutions, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
11.2.1 Samsung Electronics
11.2.2 LG Electronics
11.2.3 Sony
11.2.4 Sharp (Foxconn)
11.2.5 JVCKENWOOD (JVC)
11.2.6 Canon
11.2.7 Dell Technologies
11.2.8 Red Digital Cinema
11.2.9 Leyard Optoelectronic (Planar)
11.2.10 Digital Projection (Associate Company of Delta Group)
*Details on Business Overview, Products & Solutuions, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
11.3 Other Players
11.3.1 Panasonic
11.3.2 Hisense
11.3.3 Changhong Electric
11.3.4 Viewsonic
11.3.5 TP Vision (TPV) (Philips)
11.3.6 Ikegami Tsushinki
11.3.7 TCL Corp.
11.4 Leading Display Panel Manufacturers
11.4.1 Innolux Corp.
11.4.2 Samsung Display
11.4.3 LG Display
11.4.4 Sharp (Foxconn)
11.4.5 Boe Technology
11.4.6 Au Optronics (AUO)
11.4.7 Japan Display (JDI)

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customization
12.4 Related Reports
12.5 Author Details

List of Tables

Table 1 LCD and OLED Fab Construction Roadmap in China
Table 2 Top Product Launches Around 8K Resolution
Table 3 Top 8K Products and Their Price Range, 2019
Table 4 8K Technology Market, By Product, 2017–2024 (Thousand Units)
Table 5 8K Technology Market, By Product, 2017–2024 (USD Million)
Table 6 8K Television Market, By Region, 2017–2024 (USD Million)
Table 7 8K Television Market in APAC, By Country, 2017–2024 (USD Million)
Table 8 8K Television Market in Europe, By Country, 2017–2024 (USD Million)
Table 9 8K Television Market in North America, By Country, 2017–2024 (USD Million)
Table 10 8K Television Market in RoW, By Region, 2017–2024 (USD Million)
Table 11 Comparison of Different Display Technologies
Table 12 8K Monitor & Notebook Market, By Region, 2017–2024 (USD Million)
Table 13 8K Monitor & Notebook Market in APAC, By Country, 2017–2024 (USD Million)
Table 14 8K Monitor & Notebook Market in North America, By Country, 2017–2024 (USD Million)
Table 15 8K Monitor & Notebook Market in Europe, By Country, 2017–2024 (USD Million)
Table 16 8K Monitor & Notebook Market in RoW, By Region, 2017–2024 (USD Million)
Table 17 8K Professional Camera Market, By Region, 2017–2024 (USD Million)
Table 18 8K Professional Camera Market in North America, By Country, 2017–2024 (USD Million)
Table 19 8K Professional Camera Market in APAC, By Country, 2017–2024 (USD Million)
Table 20 8K Professional Camera Market in Europe, By Country, 2017–2024 (USD Million)
Table 21 8K Professional Camera Market in RoW, By Region, 2017–2024 (USD Million)
Table 22 8K Projector Market, By Region, 2017–2024 (USD Million)
Table 23 8K Projector Market in APAC, By Country, 2017–2024 (USD Million)
Table 24 8K Projector Market in North America, By Country, 2017–2024 (USD Million)
Table 25 8K Projector Market in Europe, By Country, 2017–2024 (USD Million)
Table 26 8K Projector Market in RoW, By Region, 2017–2024 (USD Million)
Table 27 8K Technology Market, By End User, 2017–2024 (USD Million)
Table 28 8K Technology Market, By Region, 2017–2024 (USD Million)
Table 29 8K Technology Market in APAC, By Country, 2017–2024 (USD Million)
Table 30 8K Technology Market in North America, By Country, 2017–2024 (USD Million)
Table 31 8K Technology Market in Europe, By Country, 2017–2024 (USD Million)
Table 32 8K Technology Market in RoW, By Region, 2017–2024 (USD Million)
Table 33 Product Launches and Developments
Table 34 Acquisitions
Table 35 Partnerships and Collaborations

List of Figures

Figure 1 8K Technology Market Segmentation
Figure 2 8K Technology Market: Process Flow of Market Size Estimation
Figure 3 8K Technology Market: Research Design
Figure 4 Bottom-Up Approach to Arrive at Market Size
Figure 5 Top-Down Approach to Arrive at Market Size
Figure 6 Data Triangulation
Figure 7 Assumptions of Research Study
Figure 8 Global 8K Technology Market, 2017–2024 (USD Billion)
Figure 9 8K Televisions to Account for Largest Market Size By 2024
Figure 10 Consumers Segment to Hold Largest Size of 8K Technology Market During Forecast Period
Figure 11 8K Technology Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 12 8K Technology Market Expected to Exhibit High Growth Between 2019 and 2024
Figure 13 Television Segment to Dominate 8K Technology Market During Forecast Period
Figure 14 Consumers to Exhibit Highest CAGR in 8K Technology Market During Forecast Period
Figure 15 Canada and Mexico to Register Highest CAGR in 8K Technology Market During Forecast Period
Figure 16 8K Technology Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Average TV Screen Size, 2010–2024
Figure 18 TV Panel Shipment Penetration Rate, By Resolution, 2010–2024
Figure 19 Optimal Viewing Distance for Visual Detail Recognition in Human, By Device Type and Resolution
Figure 20 8K Technology Market: Value Chain Analysis
Figure 21 Shipments of 4K TV Estimated to Grow Rapidly in Next 2 Years
Figure 22 8K Technology Market Segmentation, By Product
Figure 23 8K Televisions Will Witness Highest Demand During 2019–2024
Figure 24 Television Segment Expected to Hold Largest Size of 8K Technology Market, in Terms of Value, During Forecast Period
Figure 25 APAC to Account for Largest Size of 8K Television Market During Forecast Period
Figure 26 APAC to Dominate 8K Monitor & Notebook Market During Forecast Period
Figure 27 Europe to Exhibit Highest CAGR in 8K Professional Camera Market During Forecast Period
Figure 28 APAC to Witness Highest CAGR in 8K Projector Market During Forecast Period
Figure 29 8K Technology Market Segmentation, By End User
Figure 30 Consumers Segment to Exhibit Highest CAGR in 8K Technology Market During Forecast Period
Figure 31 8K Technology Market, By Region
Figure 32 China Expected to Be Highest-Growing Country in 8K Technology Market During 2019–2024
Figure 33 APAC to Register Highest CAGR in 8K Technology Market During Forecast Period
Figure 34 APAC: 8K Technology Market Snapshot
Figure 35 China to Hold Largest Size of 8K Technology Market in APAC During Forecast Period
Figure 36 North America: 8K Technology Market Snapshot
Figure 37 US to Capture Major Sizeof 8K Technology Market in North America During Forecast Period
Figure 38 Europe: 8K Technology Market Snapshot
Figure 39 Rest of Europe to Account for Largest Market Size During Forecast Period
Figure 40 South America to Exhibit Higher CAGR in 8K Technology Market in RoW During Forecast Period
Figure 41 Key Developments By Leading Players in Market From 2016 to 2019
Figure 42 Key Player Market Ranking: 8K Technology Market, 2018
Figure 43 8K Technology Market (Global) Competitive Leadership Mapping, 2018
Figure 44 Samsung Electronics: Company Snapshot
Figure 45 LG Electronics: Company Snapshot
Figure 46 Sony: Company Snapshot
Figure 47 Sharp: Company Snapshot
Figure 48 JVCKENWOOD (JVC): Company Snapshot
Figure 49 Canon: Company Snapshot
Figure 50 Dell Technologies: Company Snapshot
Figure 51 Leyard Optoelectronic: Company Snapshot

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