8K Technology Market Share

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.