Press release
8k Technology Market Key Segments, Regional Outlook, Top Companies, Forecast To 2031
8k Technology Market
8K technology products account for nearly 10% of the global display technology market in 2021 . 8K technology offers countless advantages over traditional displays, such as high-resolution photos. Ultra-high definition (UHD) displays and high-definition 8K content are far superior to the resolution of 4K display technology. 8K TVs enjoy the largest market share and demand for 8K cameras is expected to surge at a CAGR of 54% by 2031.
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Will advances in display technology drive market growth?
Technological advances have come a long way in the last few decades and are expected to increase at an even faster pace in the coming years. With new innovations and developments happening, most tech companies are jumping on trends to be the first to develop the latest inventions. All of the strong technology players have one thing in common: the resolution at the time of new product launch, which is one of the key points of their selling feature.
Display technology is advancing exponentially. The glowing prospect of 8K display resolution used in television is the biggest buzzword to hit the electronics industry in recent years. High resolution creates a new immersive user experience. This technology represents a major step towards immersive experiences for consumers when it comes to electronic devices.
8K resolution technology can simply be seen as the next step in the SD→HD→4K→8K trend, as it promises significant performance gains. Advances in display technology have provided a positive outlook for 8K market growth.
8K imaging systems are preferred over traditional imaging technologies because they have a high pixel count and involve advanced imaging techniques. High-definition TVs and large screens provide better picture quality, immersive images and an enhanced viewing experience.
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Competitive Landscape
Companies providing 8K technology solutions target product innovation and strategic partnerships with other suppliers to develop product portfolios while addressing the needs of an expanding pool of customers. In this environment, the introduction of new products and strategic partnerships is frequent.
In January 2017, Dell Technologies launched its first 8K 32-inch monitor. This new product can display content that is 16 times sharper than Full HD and 4 times sharper than Ultra HD 4K resolution. It features a pixel density of 280 ppi and a resolution of over 33.2 million pixels.
In October 2021, Nuance Communications Inc. announced a partnership with B&H. This partnership has helped the company take advantage of non-full-frame lenses in S35 mode, and the camera has built-in features that allow it to make internal adjustments to accommodate a wide range of lenses.
8K technology product manufacturers are also focusing on partnering with technology and digital solution providers to target new innovations within the market. This strategy helps businesses expand their geographic reach through a portfolio of additional services.
Company
Dell Technologies
red digital cinema
ViewSonic
panasonic
Ikami Electronics
digital projection
TP Vision
Samsung
LG Electronics
Sony Corporation
sharp corporation
Canon Inc.
Innolux Co., Ltd.
BOE technology
AU Optronic
JVC Kenwood
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Classification of 8K technology industry research
Product
8K television technology
8K camera technology
8K monitor/laptop
8K projector
Etc
End use
8K technology in consumer electronics
8K technology in media, advertising and entertainment
8K technology in medical and healthcare
8K technology in education
Etc
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