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Global 8K Technology Market to reach USD XX billion by 2027.

Global 8K Technology Market Size study, by Product (Television, Monitor & Notebook, Professional Camera, Projector) by end use industries (Consumer, Sports & Entertainment, Medical) and Regional Forecasts 2021-2027

Product Code: ENGE-19559282
Publish Date: 17-10-2021
Page: 200

Global 8K Technology Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. 8K UHD (Ultra-High-Definition) is the highest resolution measuring 7680 × 4320 pixels defined in the Rec. 2020 standard image format. It provides the display of the image with an improved viewing angle and high clarity. Technological advancement is taking place in the past few years with increasing demand for Ultra High Definition screen among end users, due to enhanced picture quality, brighter colors, and image depth. Growing Ultra high Definition (UHD) Television Market and surging sports and entertainment sector are key drivers for the growth of 8K Technology market. According to CISCO’s Annual Internet Report (2018–2023)- it is anticipated that by 2023, about two-thirds (66 percent, approx. 891 Mn) of the installed flat-panel TV sets will be UHD, as compared to (33 percent, approx. 268 Mn) in 2018. Also, according to India Brand Equity Forum (IBEF) Television industry in India is projected to reach USD 13.66 billion by the end of 2021. By FY22, television industry in India is estimated to reach USD 17.56 billion. Also, with the increasing demand for high-definition display from end use industries, the adoption & demand for 8K Technology is likely to increase the market growth during the forecast period. However, high cost of 8K Technology products impedes the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global 8K Technology market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising expenditure in the R&D in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as presence of key consumer electronics companies in the region and growing consumer electronics market would create lucrative growth prospects for the 8K Technology market across Asia-Pacific region.

Major market player included in this report are:
Samsung Electronics (South Korea)
LG Electronics (South Korea)
Sony Corporation (Japan)
JVCKENWOOD Corporation (Japan)
Sharp Corporation (Japan)
Canon Inc. (Japan)
Red Digital Cinema (US)
Dell Technologies (US)
Leyard Optoelectronic (China)
Digital Projection (UK)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Television,
Monitor & Notebook,
Professional Camera,
Projector
By End Use Industries:
Consumer,
Sports & Entertainment,
Medical
Other industries (retail, hospitality, defense, education, and corporate industries)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global 8K Technology Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. 8K Technology Market, by Region, 2019-2027 (USD Billion)
1.2.2. 8K Technology Market, by Product, 2019-2027 (USD Billion)
1.2.3. 8K Technology Market, by End Use Industries, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global 8K Technology Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global 8K Technology Market Dynamics
3.1. 8K Technology Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing UHD Television Market
3.1.1.2. Surging Sports & entertainment industry
3.1.2. Market Challenges
3.1.2.1. High Cost of the product
3.1.3. Market Opportunities
3.1.3.1. Increasing demand for High-definition display
Chapter 4. Global 8K Technology Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global 8K Technology Market, by Product
6.1. Market Snapshot
6.2. Global 8K Technology Market by Product, Performance – Potential Analysis
6.3. Global 8K Technology Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
6.4. 8K Technology Market, Sub Segment Analysis
6.4.1. Television
6.4.2. Professional camera
6.4.3. Monitor and notebook
6.4.4. Projector
Chapter 7. Global 8K Technology Market, by End Use Industries
7.1. Market Snapshot
7.2. Global 8K Technology Market by End Use Industries, Performance – Potential Analysis
7.3. Global 8K Technology Market Estimates & Forecasts by End Use Industries 2018-2027 (USD Billion)
7.4. 8K Technology Market, Sub Segment Analysis
7.4.1. Consumers
7.4.2. Sports and entertainment industry
7.4.3. Medical industry
7.4.4. Other industries (retail, hospitality, defense, education, and corporate industries)
Chapter 8. Global 8K Technology Market, Regional Analysis
8.1. 8K Technology Market, Regional Market Snapshot
8.2. North America 8K Technology Market
8.2.1. U.S. 8K Technology Market
8.2.1.1. Product breakdown estimates & forecasts, 2018-2027
8.2.1.2. End Use Industries breakdown estimates & forecasts, 2018-2027
8.2.2. Canada 8K Technology Market
8.3. Europe 8K Technology Market Snapshot
8.3.1. U.K. 8K Technology Market
8.3.2. Germany 8K Technology Market
8.3.3. France 8K Technology Market
8.3.4. Spain 8K Technology Market
8.3.5. Italy 8K Technology Market
8.3.6. Rest of Europe 8K Technology Market
8.4. Asia-Pacific 8K Technology Market Snapshot
8.4.1. China 8K Technology Market
8.4.2. India 8K Technology Market
8.4.3. Japan 8K Technology Market
8.4.4. Australia 8K Technology Market
8.4.5. South Korea 8K Technology Market
8.4.6. Rest of Asia Pacific 8K Technology Market
8.5. Latin America 8K Technology Market Snapshot
8.5.1. Brazil 8K Technology Market
8.5.2. Mexico 8K Technology Market
8.6. Rest of The World 8K Technology Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Samsung Electronics (South Korea)
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. LG Electronics (South Korea)
9.2.3. Sony Corporation (Japan)
9.2.4. JVCKENWOOD Corporation (Japan)
9.2.5. Sharp Corporation (Japan)
9.2.6. Canon Inc. (Japan)
9.2.7. Red Digital Cinema (US)
9.2.8. Dell Technologies (US)
9.2.9. Leyard Optoelectronic (China)
9.2.10. Digital Projection (UK)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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