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High Dynamic Range Market Trends

Report ID: GMI9466
Published Date: May 2024
Report Format: PDF

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High Dynamic Range Market Trends

The availability of HDR content continues to grow across various entertainment platforms including streaming services, broadcasters, and gaming platforms. Major studios and content creators are producing more HDR content to meet the increasing demand for immersive viewing experiences. Continued advancements in display technologies, imaging sensors, and video processing algorithms are driving improvements in HDR technology. Manufacturers are introducing new features and capabilities, such as higher brightness levels, wider color gamuts, and improved contrast ratios, to enhance the visual quality of HDR displays.

Efforts to standardize HDR formats and interoperability are underway to address compatibility challenges and ensure seamless HDR experiences across different devices and content sources. Industry standards such as HDR10, HDR10+, Dolby Vision, and Hybrid Log-Gamma (HLG) play a crucial role in facilitating interoperability and simplifying content production and distribution.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for high dynamic range exceeded USD 18.3 billion in 2023 and is projected to expand at over 25% CAGR from 2024 to 2032, due to increasing demand for enhanced visual experiences in various applications.

The dolby vision type segment in the high dynamic range industry recorded over 35% revenue share in 2023, as it is supported by major content creators, studios, and streaming services, including Netflix, Disney+, Amazon Prime Video, and Apple TV+.

The consumer electronics end-use industry segment in the high dynamic range industry is projected to grow at over 25% CAGR from 2024 to 2032, due to the increasing sales of consumer electronics and their growing popularity among the younger generation.

North America industry recorded over 25% share in 2023 and is estimated to expand at noticeable rate through 2032, due to the presence of major technology companies, content creators, and entertainment studios in the region.