PUBLISHER: The Business Research Company | PRODUCT CODE: 1668707
PUBLISHER: The Business Research Company | PRODUCT CODE: 1668707
8K technology denotes a specific level of resolution in digital displays and images, characterized by 7680 horizontal and 4,320 vertical pixels, resulting in approximately 33 million pixels. Widely applied in diverse sectors, including home entertainment, medical visualization, digital cinematography, and photography, 8K technology has become a standard for high-resolution visual experiences.
The primary product types associated with 8K technology include 8K televisions, 8K cameras, 8K monitors/laptops, 8K projectors, and other related devices. An 8K television, for instance, boasts a screen with 7,680 horizontal pixels and 4,320 vertical pixels, totaling around 33 million pixels. Notable resolutions include 7680 x 4320, 8192 x 8192, 8192 x 5120, and 8192 x 4320. These products find application across various end-user segments, encompassing consumers, sports and entertainment, healthcare, and other industries.
The 8k technology market research report is one of a series of new reports from The Business Research Company that provides 8k technology market statistics, including 8k technology industry global market size, regional shares, competitors with an 8k technology market share, detailed 8k technology market segments, market trends and opportunities, and any further data you may need to thrive in the 8k technology industry. This 8k technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The 8K technology market size has grown exponentially in recent years. It will grow from $15.31 billion in 2024 to $22.75 billion in 2025 at a compound annual growth rate (CAGR) of 48.6%. The growth in the historic period can be attributed to consumer demand for higher resolution, content creation and production, innovation in broadcasting, gaming industry growth, improved connectivity and bandwidth
The 8K technology market size is expected to see exponential growth in the next few years. It will grow to $97.07 billion in 2029 at a compound annual growth rate (CAGR) of 43.7%. The growth in the forecast period can be attributed to market expansion and adoption, content availability growth, technological innovations in panel production, continued demand for higher quality, advancements in compression technology. Major trends in the forecast period include advancements in display technology, 8k content creation expansion, 8k displays in various devices, enhanced user interface and interaction, HDR and color enhancements.
Anticipated growth in the demand for consumer electronics is poised to drive the expansion of the 8K technology market in the foreseeable future. Consumer electronics encompass electronic devices designed for purchase and regular use by consumers, both personally and professionally. The incorporation of 8K technology enhances the visual experience on consumer electronic devices. For example, based on data from the Japan Electronics and Information Technology Industries Association in May 2023, Japan's total electronic equipment production reached 771,457 units, with consumer electronics production escalating to 32,099 units, marking a notable increase from 25,268 units in May 2022. Consequently, the surging demand for consumer electronics remains a key driver behind the growth of the 8K technology market.
The burgeoning expansion of the gaming industry is anticipated to propel the advancement of the 8K technology market moving forward. The gaming industry encompasses various business activities related to the creation, development, distribution, and monetization of video games. Within this sector, 8K technology plays a pivotal role in elevating the visual experience by delivering remarkably high-resolution graphics, resulting in sharper and intricately detailed images within video games. This technology empowers gamers to immerse themselves in more realistic visuals, especially on larger displays, thereby enhancing the overall gaming experience. For instance, as reported by NewZoo BV in October 2022, the audience for live-streamed gaming approached nearly 810 million in 2021 and is projected to exceed 1.41 billion by 2025. Consequently, the expanding reach of the gaming industry stands as a driving force behind the growth of the 8K technology market.
Technological advancements are a significant trend gaining traction in the 8K technology market. Leading companies in this sector are developing innovative solutions to enhance their market presence. For example, in April 2024, Samsung Electronics Co. Ltd., a South Korea-based appliance and consumer electronics firm, introduced the Neo QLED 8K, Neo QLED 4K, and OLED TVs. These AI-powered televisions incorporate state-of-the-art technologies such as the NQ8 AI Gen3 processor, AI Picture Technology, and AI Sound Technology, improving both visual clarity and audio accuracy. Their importance lies in delivering an immersive, highly customized viewing experience, with innovations like AI-driven upscaling, motion enhancement, and smart connectivity, thereby setting new benchmarks in home entertainment.
Prominent players in the 8K technology market are actively innovating new products, notably the 8K QLED Television, to establish a competitive edge in the market. QLED, standing for Quantum Dot Light Emitting Diode, represents a display technology utilizing quantum dots to enhance light emission's color accuracy and brightness in modern televisions. A notable launch occurred in November 2023 when Samsung Electronics Co. Ltd., a South Korea-based consumer electronics giant, unveiled the Samsung 98 NEO QLED 8K TV. This product, designed for exceptional home entertainment experiences, boasts Quantum Matrix Technology Pro with Mini LEDs, ensuring stunning 8K precision. Equipped with the Neural Quantum Processor 8K capable of upscaling any content, the TV also features Dolby Atmos with Cinema Object Tracking Sound Pro, offering immersive audio. Its ultra-slim 360-degree metal profile, complemented by an Infinity One design, creates a cinematic feel within the living room. Additionally, it incorporates a 120Hz refresh rate, HDR10+ support, Game Mode, Multi-View capabilities, and an Infinity One Design, positioning it as a premier choice for a home cinema experience.
In September 2022, IMAX Corporation, a Canada-based entertainment technology company, completed the acquisition of SSIMWAVE Inc. for an undisclosed amount. This strategic move by IMAX is geared towards providing the utmost quality in video imagery and broadening its portfolio with cutting-edge entertainment technology, specifically targeting higher resolutions such as 4K, 8K, and new interactive experiences across gaming, Virtual Reality (VR), Augmented Reality (AR), and the metaverse. SSIMWAVE, the acquired company, is based in Canada and specializes in streaming technology, particularly in the realm of 8K video streaming.
Major companies operating in the 8K technology market include Samsung Electronics Co. Ltd., Dell Technologies Inc., Sony Corporation, Panasonic Corporation, LG Electronics Inc., Canon Inc., BOE Japan Co. Ltd., Fujifilm Corporation, Sharp Corporation com LLC., MediaTek Inc., AU Optronic, AUO Corporation, Innolux Corp., ROHM.Co.Ltd., Novatek Microelectronics Corp., JVCKenwood Corporation, Vizio Inc., Leyard Optoelectronic, Hisense Co. Ltd., EIZO Corporation, ViewSonic Corporation, IMAX Corporation, Kinovis Inc., Red Digital Cinema, Macroblock Inc., Digital Projection Ltd., MainConcept GmbH, TP Vision, Joled Inc., Spin Digital Video Technologies GmbH
North America was the largest region in the 8k technology market in 2024. Asia Pacific is expected to be the fastest-growing region in the 8k technology market report during the forecast period. The regions covered in the 8k technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the 8k technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The 8K technology market consists of revenues earned by entities by providing services such as content creation, streaming services, videography, and broadcasting services. The market value includes the value of related goods sold by the service provider or included within the service offering. The 8K technology market also includes sales of 8K professional camera, 8K monitor and notebook, and full dome. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
8K Technology Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on 8k technology market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for 8k technology ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The 8k technology market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.