4K Display Resolution Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The 4K display resolution market was valued at USD 61.48 billion in 2020 and expected to reach USD 213.92 billion by 2026 and grow at a CAGR of 23.1% over the forecast period (2021 - 2026). The 4K display innovations are expected to upgrade the television viewing experience of the 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 experience with highly defined pixel quality, like 4K display resolution.
Key HighlightsThe 4K display resolution market is relatively fragmented and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with decreasing manufacturing costs and with high competition, the companies are adopting product launch strategies to improve and gain more market share.
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