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Visualizing the Future: Global 8k Technology Market Size Envisions $48.3 Billion in 2027 with a 46.9% CAGR || Samsung Electronics Co. Ltd., Dell Technologies Inc., Sony Corporation
8K Technology Market
The Business Research Company's 8K Technology Global Market Report 2023 identifies the rising demand for consumer electronics is expected to propel the growth of the 8K technology market going forward. Consumer electronics are electronic equipment intended for purchase and use by consumers daily and professionally. 8K technology provides an improved visual experience on consumer electronic devices. For instance, in February 2023, according to the United States Census Bureau, a US-based government agency, in 2021, 64% of American households used tablets, with an increase in the average from 21% in 2019 to 24% in 2020.
The global 8k technology market is expected to grow from 6.94 billion in 2022 to 10.38 billion in 2023 at a compound annual growth rate (CAGR) of 49.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global 8k technology is expected to reach 48.3 billion in 2027 at a CAGR of 46.9%.
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Major competitors in the 8k technology market are Samsung Electronics Co. Ltd., Dell Technologies Inc., Sony Corporation, Panasonic Corporation, LG Electronics Inc., Canon Inc., BOE Japan Co. Ltd., Fujifilm Corporation.
A key trend in the 8K technology market includes technological advancements. Major companies operating in the 8K technology market are developing innovative technologies to strengthen their position in the market. For instance, in November 2021, MediaTek, a Taiwan-based semiconductor company, and TSMC, a Taiwan-based semiconductor company, launched the MediaTek Pentonic 2000, the first flagship 7-nanometer 8K digital TV system-on-chip (SoC). The unique features of the MediaTek Pentonic 2000 involve its unparalleled performance and power efficiency by utilizing features such as sophisticated artificial intelligence (AI) engines, versatile video coding (VVC) decoding, motion estimation and motion compensation (MEMC), and picture-in-picture (PiP) technology.
Read More On The Global 8K Technology Market Report Here: https://www.thebusinessresearchcompany.com/report/8k-technology-global-market-report
The 8K technology market is segmented -
1) By Product: 8K Television, 8K Camera, 8K Monitors Or Laptops, 8K Projectors, Other Products
2) By Resolution: 7680 x 4320, 8192 x 8192, 8192 x 5120, 8192 x 4320
3) By End-User: Consumer, Sports And Entertainment, Healthcare, Other End-User
4) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the 8k technology market.
The Business Research Company's "Global 8K Technology Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The 8K Technology Market Include:
1. Executive Summary
2. 8K Technology Market Characteristic
3. 8K Technology Market Trends And Strategies
4. 8K Technology Market - Macro Economic Scenario
5. 8K Technology Market Size And Growth
……………
27. 8K Technology Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The 8K Technology Market
29. 8K Technology Market Future Outlook And Potential Analysis
30. Appendix
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