4K Technology Market Growth, Trends and Forecast (2027)

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4K Technology Market Growth, Trends and Forecast (2027)

4K Technology Market, By Type (Digital Content, Physical Product), By Physical Product (Set-Top Box, Digital Signage Tablets, Laptops, Projectors, Cameras, Blu-Ray Players) - Forecast 2027

Market overview

According to the recent study, the global 4K technology market size is witnessed at US$ 102100 million in 2020 and is anticipated to grow at US$ 394959.49 million with a significant CAGR of 21.32% during the forecast period 2021-2027.

The 4K technology is an advanced technology that is designed specially to replace the HD resolution in electronic equipment. The term 4K represents the video signals with a horizontal resolution at the 4000 pixels demand. This technology refers to pixel size with a 1:9:1 aspect ratio. The 4K technology includes 4096 horizontal pixels and 2190 vertical pixels and approximately the 4K image consists of 8.3 million pixels which provide high-quality images. Whereas, a 1080p image has just above 2 million pixels. This technology replaces the HD technology from the TV screens, cameras, projectors, and computer monitors.

This 4K technology is used in the industries like the medical sector to determine the changes in the human organs where high resolution is required. Moreover, the monitoring security devices also use the 4K technology for identifying counterfeit activities. The devices capable of using 4K technology should have advanced technologies and increase their storage spaces to store the 4K images and videos created by them. Growing investment in the automotive sector is escalating the growth of the 4K technology market which helps in using this technology in cars and vehicles. This technology has various beneficial features such as high-quality photos, color gamut support, higher resolution, better efficiency which are possible by advanced technologies like flash memory, and higher storage options. The production of 4K displays costs minimal prices.

The 4K technology market opportunities are introducing the advanced features in the 4K capable cameras like Super 35mm imager, wider dynamic range, higher sensitivity, color gamut, and lower noise which accelerates the demand for the 4k capable devices and further increases the market growth.