![]() ![]() This is due to the increasing popularity of premium viewing platforms such as Netflix, Hulu, and Amazon Prime Video that support 4K content.īrowse summary of the report and Complete Table of Contents (ToC): In fact, we expect 4K 3DTV penetration to reach 50% by 2025, up from just 44% at present. However, it is not just ultra-high-definition televisions that are gaining popularity among consumers Our research shows that sales of 3D TVs are growing as well. These findings in the 4K display market confirm that 4KTV is becoming the must-have television technology for enthusiasts who want the best possible images. The top reasons for buying a 4K TV are to improve picture quality (48%), to watch exclusive content (46%), and to save money on media content (44%). consumers plan to purchase a 4K TV in the next 12 months, and that over half (51%) of buyers will choose a high-end 4K TV model. In addition, over one fourth (27%) of U.S. The survey found that over 44% of the Americans owns 4K TVs. SkyQuest's recent survey of 4K TV adoption among consumers provides interesting insights into consumer trends and preferences in this technology category. In addition, commercial buildings are starting to upgrade their signage systems from HD to 4K for added clarity and detail especially for high dynamic range (HDR) content, which is projected to add fuel to the growth of the 4K display market. In terms of application areas, gaming continues to be an early adopter of 4K displays with gaming mic and headsets releasing in Q4/2021 with more devices set to release in 2022. The global 4K display market revenue is forecast to grow at a CAGR of 23.20% through 2028. Moreover, OLED and QLED TV shipments continue to dominate with a share of above 58%. Global shipments of 4K display were totaled at 127.4 million units in 2021 and is projected to reach 405 million by 2028. SkyQuest Says, 405 Million Units of 4K Display to be Sold By 2028 ![]() With prices dropping and more content being created in 4K, the demand for these screens only continues to grow. With improvements in resolution and color, 4K displays are already transforming how we view content. The growing demand for 4K display market is raising expectations about the next big thing in display technology. Manufacturers are also producing them in large quantity and selling them at an exponential rate. Companies are now starting to install 4K displays in their Commercial Locations such as Hospitals, Schools, and Airports. Today, 4K displays are not just for TV, Desktop and Laptop usage anymore. 4K displays offer a much higher resolution than the current mainstream displays, which is why they are so appealing to consumers. 27, 2022 (GLOBE NEWSWIRE) - 4K Display Market has become extremely popular in recent years, as users have come to appreciate their high-resolution quality. ![]() Global 4K display market was valued at USD 70.65 billion in 2021, and it is expected to attain a value of USD 304.35 billion by 2028 with a CAGR of 23.20% over the prediction period (2022–2028). ![]()
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