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4K Technology Market Share

Report ID: GMI9387
Published Date: May 2024
Report Format: PDF

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4K Technology Market Share

Sony Corporation and Samsung Electronics Co., Ltd. held a significant share of over 15% in the market in 2023. Sony Corporation is engaged in electronics, entertainment, and gaming. In the 4K technology industry, Sony offers a wide range of products including 4K televisions, digital cameras, camcorders, projectors, and professional broadcasting equipment. Its 4K offerings offer high-quality imaging, advanced features, such as HDR, and integration with other Sony ecosystems such as PlayStation. Sony focuses on innovating and expanding its presence in the 4K market.

Samsung Electronics Co., Ltd. offers a wide range of products including 4K televisions, monitors, cameras, and mobile devices. Through innovation and quality, Samsung's 4K TVs feature cutting-edge display technologies, such as QLED and OLED, providing viewers with enhanced picture quality and immersive viewing experiences. Its 4K monitors cater to professionals and gamers alike, offering high resolutions and advanced features for enhanced productivity and entertainment.

4K Technology Market Companies

Major players operating in the industry are:

Canon Inc.
JVC Kenwood Corporation
LG Electronics Inc.
Panasonic Corporation
Samsung Electronics Co., Ltd.
Sharp Corporation
Sony Corporation

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

4K technology market was worth USD 179.1 billion in 2023 and will depict 20% CAGR during 2024-2032 due to increasing consumer demand for high-resolution content across various devices, rising advancements in display technology and declining prices of 4K-compatible devices.

4K technology industry from the healthcare segment will record 25% CAGR up to 2032, attributed to the increasing demand for high-resolution imaging solutions in medical diagnostics and surgery.

North America 4K technology industry held 35% share in 2023, driven by the high demand from consumers for displays with superior resolution, coupled with a sturdy technological infrastructure, and the rising uptake of cutting-edge entertainment setups.

Key companies operating in 4K technology industry are Canon Inc., JVC Kenwood Corporation, LG Electronics Inc., Panasonic Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, and Sony Corporation, among others.