8K Technology Market size was estimated at USD 20.9 billion in 2024 and is expected to reach USD 933.8 billion by the end of 2037, expanding at a CAGR of 37.2% during the forecast period, i.e. 2025-2037. In 2025, the industry size of 8K technology will be valued at USD 28.8 billion.
The global 8K technology market growth can be attributed to the rising demand for large and immersive displays at public spaces and events as 8K displays provide sharper images and better details, enhancing the visuals for large crowds. Sports arenas, concert venues, or public spaces use large screens to broadcast live events, and 8K displays are preferred as they provide a superior experience compared to HD and 4K screens. This can also help in clearer replays, close-up shorts, and enhanced graphics for sports and is more likely to attract a larger audience. One of the recent examples is the 8K live-streaming feature launched by Intel at the Paris Olympics in 2024. This demonstration of 8K live streaming across Paris has been the largest deployment of 8K and VVC till now, putting 8K live streaming one step closer to the buyers.
Companies in the market are heavily investing in research and development activities to cater to the growing demand across several sectors. For instance, in September 2021, Sharp announced the expansion of its 8K display ecosystem by launching the world’s largest 8K screen, a 120-inch ultra-high-resolution monitor, designed especially for professional use. In addition, the advancements in display panels such as OLED, QLED, and MicroLED and the rising need for high-resolution solutions to combat increasing content consumption across several platforms are leading to the increasing adoption of consumer electronics with 8K technology.
Growth Drivers
Challenges
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
37.2% |
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Base Year Market Size (2024) |
USD 20.9 billion |
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Forecast Year Market Size (2037) |
USD 933.8 billion |
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Regional Scope |
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Product (Television, Camera, Monitor and Notebook, Projector, Others)
The television segment in the 8K technology market is expected to account for the largest revenue share of 45.7% during the forecast period owing to the rapidly expanding consumer electronics sector, growing preference for superior image quality and immersive at-home experience, and rising availability of a wide range of 8K TVs, including LCDs, OLEDs, ultra-HD, and MicroLEDs. These TVs are preferred more for gaming, streaming, and broadcasting. In May 2023, Samsung India announced the launch of Neo QLED with 4K and 8K resolutions available in 50-inch, 55-inch, 75-inch, and 98-inch sizes that support Q Symphony 3.0, Amazon Alexa, and Bixby, providing an immersive experience.
The sales of 8K TVs across the globe have significantly increased over the recent years. As per a study by Research Nester, in 2023, the project share of HDTVs with 8K displays in Asia Pacific households was 4.1% while that in North America was 3.9%, followed by 1.7% in Western Europe.
End use (Consumer Electronics, Commercial, Healthcare and Medical, Sports and Entertainment, Others)
The healthcare and medical segment is poised to expand at a rapid CAGR throughout the forecast period. This growth can be attributed to the rising demand for advanced imaging solutions in the healthcare and diagnostic sector and the need for 8K displays and monitors for surgical visualizations. Apart from this, 8K technology can be used in telemedicine to facilitate better resolution consultations between healthcare providers and patients and to train medical students and professionals in realistic simulations. In September 2019, Air Water Inc. announced the launch of an 8K surgical Microsoft system, Micro Eight to help surgeons accurately detect vessels and nerves.
Our in-depth analysis of the 8K technology market includes the following segments:
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Product |
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Panel Technology |
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End use |
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Asia Pacific Market
The 8K technology market in Asia Pacific is expected to account for 36.8% market share during the forecast period owing to the rapid expansion of consumer electronics, rising demand for high-resolution content particularly in China, India, and Japan, and increasing adoption of 8K technology in consumer electronics, healthcare, sports and entertainment sectors. Moreover, the companies in Asia Pacific are focused on launching advanced 8K TVs, displays, and cameras. This is another factor expected to boost market growth in this region.
In India, the market is poised to register robust growth between 2025 and 2037 owing to rapid advancements in consumer electronics, gaming, and industrial applications, high content consumption on popular streaming apps such as Netflix, Amazon Prime, and Hotstar in India, and increasing consumer interest in advanced gaming consoles and displays. Leading global companies such as Sony, LG, and Samsung are focused on introducing 8K TVs and displays in the India market. For instance, in May 2023, Samsung introduced a new premium Neo QLED 8K series of smart TVs in India.
China is a key player in the 8K technology market, driven by favorable government support for 8K technology adoption, the presence of well-established manufacturers in China, and rising product launches. In August 2024, Kandao Technology, a leader in 3D panoramic VR imaging solutions, announced the launch of QooCam 3 Ultra, a 360-camera. This is the world’s first portable 360 camera that offers 8K 10-bit HDR video recording.
North America Market Analysis
The North America 8K technology market is set to register a rapid CAGR throughout the forecast period. This growth can be attributed to rising consumer interest in ultra-high-resolution content and displays, rapid advancements in 8K technology, and the presence of leading companies. Other factors such as rising sports and event broadcasting and advancements in gaming consoles and graphic cards, and high adoption of 8K technology across several sectors such as healthcare, education and research, and consumer electronics are expected to drive market growth in North America. Moreover, manufacturers in Canada and the U.S. are constantly focused on improving 8K display technologies such as OLED and OLED panes. In May 2021, Hisense announced the launch of 8K TVs in North America.
The 8K technology market in the United States is experiencing significant growth owing to rising demand for cutting-edge consumer electronics, increasing streaming and sports events and activities, and growing adoption of 8K for film production, event broadcasting, and gaming. In September 2019, the Consumer Technology Association (CTA) announced the official display definition and logo for 8K UHD TVs to help consumers and retailers identify products and meet the technology industry’s 8K HD requirements.
In Canada, the market is expected to expand at a steady pace during the forecast period owing to the high adoption of 8K TVs, cameras, and 8K consoles among tech enthusiasts and gamers and rising demand for high-resolution products across several sectors and industrial applications. Key companies in Canada are launching new products to cater to the rising demand. For instance, in August 2024, Teledyne DALSA announced the launch of a new 8K super-resolution camera, the Linea Lite 8K scan camera designed for a wide range of machines.
The global 8K technology market is highly competitive, comprising key players spanning multiple industries, such as consumer electronics, broadcasting, and cameras, operating at both global and regional levels. These companies are focused on product innovation and enhancement of their product portfolio through various strategic partnerships, mergers and acquisitions, and product launches. Key players such as Samsung Electronics, LG, and Sony are focused on developing advanced QLED and microLED displays while emerging players like BOE Technology and Hisense are expanding its presence in niche markets, targeting high-end display panels for TVs and monitors. Here is a list of key players dominating the 8K technology market:
Author Credits: Abhishek Verma
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