Global 8K Technology Market Size, Share, Forecast Report 2019-2025

The global 8K technology market is likely to grow with a significant CAGR of 60.7%, and is projected to reach USD 32.11 Billion by 2025. Factors attributing to the market growth include; advancements in display technology, rising government capital investments, and growing demand for large-sized display panels with higher resolution. In addition, increasing research and development activities is further impelling the market growth. Though 8K technology is gaining popularity, however high cost of 8k based products with limited availability is expected to restrain the industry growth over the forecast period.

The ecosystems of high-resolution TV and video format standards are being gradually established which is gaining momentum for many upcoming events such as Tokyo Olympics 2020. Prominent players such as Samsung, Sharp, and Sony have already initiated plans for 8K TVs, and improving the supply chain development for 8K TV panels.

The years used for the assessment are as follows;

• Base year: 2018
• Forecast period: 2019 – 2025

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

• Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
• Interacting with key opinion leaders of the market and developing data points based on interaction with them
• Study of past trends in the market and their year on year impact on the market size and share
• Analyzing the collected data points
• Bridging the data points to calculate the total 8K technology market and its various segments
• Anticipating potential risks
• Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the 8k technology market
• Finalizing the overall size and share for the global 8k technology market

OBJECTIVES:

• To classify the global 8K technology market into segments and analyze their growth prospects individually.
• To analyze market trends, opportunities, drivers and restraints associated with the 8k technology market.
• Profiling key companies operating in the global 8K technology market
• To study market response with respect to the mergers and acquisitions in the industry.