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8k Technology Market Share

Report ID: GMI11003
Published Date: Aug 2024
Report Format: PDF

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8k Technology Market Share

Samsung Electronics and LG Electronics are major players in the 8K technology industry, driving innovation with their advanced display technologies. Samsung’s MicroLED and QLED technologies are pushing the boundaries of 8K resolution, offering superior brightness and color accuracy. LG is focusing on OLED technology, providing high contrast and deep blacks in its 8K TVs. Both companies are investing heavily in R&D and expanding their 8K product lines to cater to the growing demand for high-resolution displays in the consumer electronics market.

Sony Corporation and Panasonic Corporation are also key contributors to the 8K market, with a strong emphasis on high-quality content creation and professional display solutions. Sony’s 8K TVs leverage its advanced image processing technology to deliver exceptional picture quality, while Panasonic focuses on both consumer and professional 8K applications, including high-definition broadcasting and digital signage. Canon Inc. complements this by providing 8K imaging solutions and professional cameras, enhancing content production. BOE Technology and Hisense Co. Ltd. are making significant strides with their competitive pricing and innovative 8K display technologies, further expanding the availability and affordability of 8K products.

8k Technology Market Companies

Major players operating in the 8k technology industry are:

Samsung Electronics
Sony Corporation
LG Electronics
Panasonic Corporation
Canon Inc.
BOE Technology
Hisense Co. Ltd.

Authors: Suraj Gujar , Sandeep Ugale

Frequently Asked Questions (FAQ) :

Market size for 8k technology was USD 15.28 billion in 2023 and is expected to register over 36.6% CAGR from 2024-2032 due to consumers increasingly seeking the best viewing experiences worldwide.

8k technology industry from the television segment held 41.6% share in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to offering superior image clarity, enhanced color accuracy, and immersive viewing experiences.

Asia Pacific industry held 34.9% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to advanced manufacturing capabilities and high consumer demand in the region.

Samsung Electronics, Sony Corporation, LG Electronics, Panasonic Corporation, Canon Inc., BOE Technology, and Hisense Co. Ltd., are some of the major 8k technology companies worldwide.