(PRWEB) July 07, 2014
According to a new market research report “4K Market by Product Types (Digital Camera, Monitor, Projectors, Smart TV, Smartphone and Tablets), Resolution, Application (Aerospace & Defense, Business & Education, Consumer Electronics, and Entertainment), and Geography – Analysis & Forecast to 2014 – 2020″ published by MarketsandMarkets, the total market is expected to generate revenue of $ 371.35 Billion by 2020, at an estimated CAGR of 36.33% from 2012-2020.
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Browse 110 market data Tables and 46 Figures spread through 320 Pages and in-depth TOC on “4K Market”.
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4K Market offers four times the resolution of 1080p both horizontally and also vertically. The increased pixel size improves the picture clarity and provides the user exceptional viewing experience. This 4096×2160 resolution offers an ecosystem for content creation and is also uniquely modified for various applications such as aerospace & defense, business & education, consumer electronics, entertainment, retail & advertisement, and so on.
This report presents the future of the global 4K market and industry from both technical and market-oriented perspectives with techno-market oriented roadmaps till 2020. This report describes the market trends, drivers, restraints, and opportunities of the 4K market and forecasts the market to 2020, based on product types, application, and geography. The report presents a detailed analysis of product type market such as camcorders, smart TVs, projectors, digital cameras, monitors, smartphones & tablets, and forecast the growth for each one of them. In geography, the report covers market of Americas, Europe, Asia-Pacific, and ROW (Rest of the World). In 2014, Americas is the largest geography in terms of market revenue for the 4K market. APAC, Europe, and ROW are also considered promising markets, along with China, Japan, India, Germany and the Middle East which provide impetus to the growth.
4K resolution provides better image features and is a new resolution standard which is adopted by a number of companies in its products. This has the capability to improve the image by providing great quality, good texture blurred free image, and best video recording. This resolution standard is being used in a number of applications in consumer electronics, business services, entertainment, and digital cinemas. In current scenario, the Americas are the leader in the 4K market. The North American market was dominant in 2013. APAC is expected to leave behind U.S. and APAC is considered to be the main important area for the consumer electronic products and is expected that consumer electronics combined with the 4K products will penetrate more into this market.
The consumer electronics market is witnessing high demand for the 4K market. The video camera provided by Sony Corporation (Japan) FDR-AX1 is a 4K video camera, its high resolution smartphone include Sony Xperia Z2 phone which records 4K video. There are a large number of 4K TVs available in the market which provides large screen experience combined with excellent picture quality. People nowadays want good picture quality with big screens and these high resolution TVs are acting as the best platform for it. The projectors with 4K resolution can be used for business purposes and cinemas. The other application includes digital signage and laptops. The advancement of digital broadcasting has created a strong competition between Japan and Korea in the 4K broadcasting business.
The report profiles 12 promising players with a SWOT analysis of key players in the 4K Market. The competitive landscape of the market presents an interesting picture, where a large number of small players have become a force to reckon with. The market is witnessing a series of new product launch announcement and partnership across the value chain. Some big announcement by small and big players is expected in the coming months. Some of the key players in the 4K market are AU Optronics Corp (Taiwan), EIZO Corporation (Japan), Sony Corporation (Japan), LG Electronics (South Korea), Panasonic Corporation (Japan), Sharp Corporation (Japan), and Samsung Electronics Co., Ltd. (South Korea).
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