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8K TV Market Rising Demand for Digitization in Organizations and Growth till 2027 - Top Companies Samsung, LG Electronics, SHARP and Sony

Press release   •   Aug 19, 2019 23:19 IST

8K TV Market

The "Global 8K TV Market Analysis to 2027" is a specialized and in-depth study of the 8K TV industry with a special focus on the global market trend analysis. The report aims to provide an overview of 8K TV market with detailed market segmentation by screen size, end-user, and geography. The global 8K TV market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading 8K TV market players and offers key trends and opportunities in the market.

8K TV is a newly introduced TV, which is an advanced version of 4K TV. These TVs offer higher resolution in comparison to 4K. 8K TVs moves up to 7,680 x 4,320 pixels, while 4K TVs are 3,840-1,260 pixels. That means the number of horizontal as well as vertical pixels in 8K TVs is double of that in 4K TVs. Samsung and Sony are two of the prominent players in the 8K TV industry; however, some other players have announced their plans to launch 8K TVs soon.

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The 8K TV market is at a primitive stage as it's a very new technology and has been commercialized by only a few players in the market. The high cost of these TVs, as well as lack of 8K content availability, are the key reasons hampering the growth of the market. However, with advancements in technology and mass production, the price of these TVs is anticipated to decrease in the near future. Further, the increasing spending capability of people in developing economies as well as the rising demand for luxury consumer electronics is expected to bolster the 8K TV market.

Top Leading Market Players:

  2. LG Electronics
  3. SHARP
  4. Sony Corporation

The reports cover key developments in the 8K TV market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from 8K TV market are anticipated to lucrative growth opportunities in the future with the rising demand for 8K TV in the global market. Below mentioned is the list of few companies engaged in the 8K TV market.

Market Segmentation :

The global 8K TV market is segmented on the basis of screen size and end-user. Based on the screen size, the 8K TV market is segmented into up to 70 inches, 71-90 inches, and 91 inches and above. The end-user segment of 8K TV market is bifurcated into commercial and residential.

Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global 8K TV Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global 8K TV market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to four major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of World (RoW). The 8K TV market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 12 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the 8K TV market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all four regions namely; North America, Europe, APAC, and RoW after evaluating political, economic, social and technological factors affecting the 8K TV market in these regions.

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Reasons to Buy the Report :

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, Healthcare and Telecommunication industries.

Contact Us:

The Insight partners,

Phone: +1-646-491-9876

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