High Dynamic Range Market Size

High Dynamic Range Market size was over USD 52.89 Billion in 2023 and is poised to cross USD 4.12 Trillion by 2036, witnessing more than 39.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of high dynamic range is evaluated at USD 67.95 Billion. The growth of the market can be attributed to the increase in the number of smartphone users across the globe. Furthermore, the high dynamic range in smartphones helps to capture the pictures without causing the image sensors to suffer from any kind of overexposure. Therefore, it is anticipated to surge the growth of the market in the upcoming years. As per the reported data, there will be more than 7.5 billion smartphone users across the globe by the end of 2027.

High dynamic range is used in photography, videography, and any display system to represent the same range of luminance experienced by the human visual system. This method combines images of the same subject taken at various exposures. Furthermore, HDR makes bright parts of the image appear much brighter, giving the image more depth. High dynamic range photos capture multiple images with varying exposures at the same time in a rapid sequence using varying exposure values. The final image is made by combining the photos into a single image. High dynamic range videos are captured in the same way that high dynamic range photos are, with the exception that each scene is recorded with different exposures or international organizations.