5K Display Resolution Market Is Expected to Grow at a Higher Pace By 2023 Owing to the Growing Popularity of 4K Technology
Pune, India -- (SBWIRE) -- 07/20/2017 -- 5K Display Resolution Market, By Product (Monitors, Televisions, Cameras), By Resolution and By Application (Retail, Consumer Electronics, Education, Advertisements) – Global Forecast 2023
In this rapidly changing world of technology, 5K display resolution market is projected to show major growth prospects during the forecast period. The continuous developments and increasing technological advancements are major factors leading to growth of 5K Display Resolution Market.
The global 5K display resolution market, by geography, has been segmented into North America, Europe, Asia Pacific and Others. In the global 5K display resolution market, Asia Pacific is anticipated to witness relatively faster adoption and hence is expected to grow at the highest rate during the forecast period. Within Asia Pacific, 5K display resolution market is projected to contribute faster to the growth of revenue backed by increasing implementations in different fields like consumer electronics and retail in countries such as Japan, China and India. This is owing to the high amount of research and development in that region. Another major factor driving the growth of 5K display resolution market in the Asia Pacific region is the presence of key players like Sony Corporation, Canon and Sharp Corporation among others.
Currently as there is an increase in 4K market, the demand for 5K display resolution is estimated to increase in near future.
5K Display Resolution Market Prominent Players:
- Dell Inc. (U.S.)
- Apple Inc. (U.S.)
- LG Electronics Inc. (South Korea)
- Philips (Netherlands)
- HP (U.S.)
- Samsung Electronics (South Korea)
- Red Digital Cinema Camera Company (U.S.)
- Sharp Corporation (Japan)
- Sony Corporation (Japan)
- Canon Inc. (Japan)
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Market Research Analysis:
Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of 5K display resolution market. Europe is expected to hold the second largest market share after Asia Pacific region in 5K display resolution market. In Europe, the presence of advanced infrastructure and with the increasing adoption of technology and technological advancements in numerous countries is driving the market growth of 5K display resolution market.
As compared to other regions, the 5K display resolution market in North America is expected to witness healthy growth. U.S and Canada are anticipated to drive the growth of 5K display resolution market. In addition to this, the region also has a well-established infrastructure and allows high penetration of devices, while the developed economies in these regions is another reason for the growth of 5K display resolution market.
5K Display Resolution Market Segmentation
The 5K display resolution market has been segmented on the basis of product, resolution and application. The application segment is further bifurcated into retail, consumer electronics, advertisements and education.
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- Technology investors
- Integrated device manufacturers (IDMs)
- Original equipment manufacturers (OEMs)
- Research/Consultancy firms
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