4K TV Market Size

4K TV Market size was valued at USD 232.13 billion in 2024 and is likely to cross USD 2.67 trillion by 2037, expanding at more than 20.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of 4K TV is assessed at USD 270.57 billion.

The growth of the market can be attributed primarily to the rising adoption of innovative technology in business along with increasing IT spending. It was observed that the majority of organizations allocate 63% of their tech budgets to running business operations, with the remainder 37% being allocated to innovation and growth.

4K television is an ultra-high definition (UHD) television. 4K TV’s have a resolution of 3,840 pixels* 2,160 lines (8.3 megapixels, aspect ratio 16:9). This 4K resolution is four times the resolution of full HD. 4K televisions provide a wider range of colors and pictures appears are more vibrant. Moreover, the need for affordable televisions, rising production capacities, advanced television resolutions and sizes, increasing purchasing power along with rapid urbanization are factors anticipated to drive 4K TV's market growth over the forecast period. For instance, there is an unprecedented rate of urbanization around the world. Today, over half of the world's population lives in towns and cities, and this number is expected to increase to almost 5 billion by 2030.