4K Display Resolution Market - Global Industry Analysis and Forecast Till 2020
4K refers to 4,000 pixels in various digital horizontal resolution formats which are mainly used for shooting motion pictures. The augmented pixel size helps to improve the picture clarity and provide user with an outstanding viewing experience. 4K products find their application in several fields such as consumer electronics, business and education, aerospace and defense, entertainment, retail and advertisement etc.
At present, cinematographers have also started taking interest in capturing high resolution images which is expected to drive the 4K display resolution market over the forecast period. In addition, demand for large screen TVs with higher resolution, which gives a theatre like experience, is helping to boost the consumer interest in smart TVs.
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However, broadcasting of 4K content requires significantly more bandwidth than HD content which might result in hindering the growth of 4K display resolution market. Furthermore, 4K displays are being largely used in media and broadcasting industry and other commercial sectors which have created future opportunities for the market.
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Moreover, the increasing number of products based on 4K display technology including smart phones, tablets and notebooks has also created several opportunities for manufacturers of 4K display products. For instance, in June 2014, Toshiba Corporation launched an ultra high definition display notebook which is expected to create more competition among dominating players such as Samsung Corporation and LG Corporation.