5k Display Resolution Market - Upcoming Trends, Growth Drivers and Challenges – Forecast to 2023
Market
Synopsis
The 5k
Display Resolution Market is estimated to
exhibit a major growth during the forecast period. The perpetual advancements
and increasing technological developments are the most important causes leading
to the expansion of the 5K display resolution market 2020. The most crucial
factors resulting in the growth of the 5K display resolution market are the
increasing demand in the consumer electronics market segment. 5K video cameras
are primarily used for digital cinematography. 5K resolution offers a clear
picture which does not fall low of quality while editing. As of now, there is a
rise in the demand of the 4K market, the demand for 5K display resolution is
projected to grow in the forthcoming period.
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Across the European market, nations including the U.K, France, and
Germany are projected to aid in the expansion of the 5k display resolution
market. Europe is estimated to seize the second largest market share after the
Asia Pacific region in the 5K display resolution market. In the European
region, the existence of various developed infrastructure and with the
increasing adoption of technology and technological development in several
countries is bringing a positive impact on the market growth of the 5K display
resolution market.
Market
Segmentation
The 5K display resolution market is segregated
on the basis of application, resolution, product, and region.
On the basis of application, the global 5K
display resolution market is divided into retail, education, consumer electronics,
advertisement, and others.
On the basis of resolution, the global 5K display resolution
market is divided into 5120 × 2160
Resolution, 5120 × 2700 Resolution, 5120 × 2880 Resolution, 5120 × 3200
Resolution, 5120 × 3840 Resolution, and 5120 × 4096 Resolution.
On the basis of product, the global 5K display
resolution market is segmented into monitors, televisions, cameras, laptops,
smartphones and tablets and others.
On the basis of region, the global 5K display
resolution market is segmented into North America, Europe, Asia Pacific, and
the Rest of the World (RoW).
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Regional
Analysis
On the basis of region, the global 5K display
resolution market has been divided into Asia Pacific, North America, Europe,
and the Rest of the World (RoW).
In the global 5K display resolution market, the APAC region is
estimated to exhibit comparatively faster adoption and therefore, it is
estimated to grow at the highest rate during the review period. Within the APAC
region, the 5K display resolution market is expected to contribute at a faster
pace to the rise in revenue backed by growing implementations in several fields
like consumer electronics and retail in countries like India, Japan, and China.
It is due to the extensive research and development carried out in the region.
Another major cause bringing an impact on the growth of the 5K display
resolution market in the APAC region is the existence of major players like
Canon and Sharp Corporation, Sony Corporation among a few more.
In comparison to the other regions, the 5K
display resolution market in North America is estimated display healthy growth.
Canada and the U.S are expected to bring an impact on the expansion of the 5K
display resolution market. Moreover, the region has a strongly established
infrastructure and gives high penetration of devices and in addition to this,
the presence of developed economies in this region is another major cause for
the expansion of the 5K display resolution market.
Key Players
The eminent competitors in the 5K display
resolution market are Apple Inc. (U.S.), Dell Inc. (U.S.), LG
Electronics Inc. (South Korea), HP (U.S.), Philips (Netherlands), Samsung
Electronics (South Korea), Sharp Corporation (Japan), Canon Inc. (Japan), Red
Digital Cinema Camera Company (U.S.), Sony Corporation (Japan) and few others.
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