5 K Display Resolutions Market – Overview
5K Display Resolutions is the next generation of ultra-high-definition displays and it’s already causing a stir in the tech world. We’ve all just about come to terms with 4K providing the greatest picture detail we could ever possibly imagine and 5K Display Resolutions has already got us excited and confused about this super-dense, ultra-crisp pixel format. 5K Display Resolutions market offers just over seven times the resolution of 1080p full HD both horizontally and also vertically. It is a display resolution of about 5000 pixels. The most commonly used resolution is 5120 × 2880, which has an aspect ratio of about 16:9 and is about 14.7 million pixels. It is most commonly used in computer monitors and is rapidly reaching other market areas. In comparison to 4K, it offers 1280 extra columns and 720 extra lines of display area which is almost equivalent to an increase of 33.33% in each dimension. A 5K Display will show an image or video in incredible crispness, making it easy to pick out even the smallest of details.
According to a recent study report published by the Market Research Future, the global market of 5K Display Resolutions has increased in recent years. The market is expected to grow at a rapid pace during the forecast period (2017 – 2023). The 5K Display Resolutions Market is forecasted to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).
5 K Display Resolutions Market – Key Players
5K Display Resolutions market appears to be highly competitive and fragmented due to the presence of a numerous large and small players operating in the market. The key strategies traced from the analysis of recent developments of the key players include Product Launch, Agreement & Partnership, Acquisition and expansion. The study indicates large investments by multinational companies and startup emerging. The market demonstrates high growth prospect which is turn attracting several new entrants to the market.
5K Display Resolution Market Players:
- Dell Inc. (U.S.)
- Apple Inc. (U.S.)
- LG Electronics Inc. (South Korea)
- Philips (Netherlands), HP (U.S.)
- Samsung Electronics (South Korea)
- Red Digital Cinema Camera Company (U.S.)
- Sharp Corporation (Japan)
- Sony Corporation (Japan)
- Canon Inc. (Japan)
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With the increase in 4K market, the demand for 5K display resolution is estimated to increase in the near future. In this rapidly changing world of technology, 5K display resolution market is projected to show a major growth prospects during the forecast period. The continuous developments and increasing technological advancements are major factors leading to growth of 5K display resolution market. Major factors driving the growth of 5K display resolution market are the growing demand in the consumer electronics market segment. 5K video cameras are majorly used for digital cinematography. 5K resolution provides a crisp and clear image which does not get distorted while editing.
The 5K display resolution market has been segmented on the basis of product, resolution and application. The resolution segment is further bifurcated into different resolutions such as 5120 × 2160 resolution, 5120 × 2700 resolution, 5120 × 2880 resolution, 5120 × 3200 resolution, 5120 × 3840 resolution and 5120 × 4096 resolution. Out of these, most commonly used resolution is 5120 × 2880 resolution, which is widely used in televisions.
5 K Display Resolutions Market – Segments
The 5K display resolution Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Product: Comprises Monitors, Televisions, Cameras, Laptops, Smartphones, Tablets and Others.
Segmentation by Resolution: Comprises 5120 × 2160 Resolution, 5120 × 2700 Resolution, 5120 × 2880 Resolution, 5120 × 3200 Resolution, 5120 × 3840 Resolution, and 5120 × 4096 Resolution.
Segmentation by Application: Comprises Retail, Consumer Electronics, Education, Advertisements and other. The application segment is further bifurcated into retail, consumer electronics, advertisements and education.
5 K Display Resolutions Market – Regional Analysis
The regional analysis of 5K display resolution market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that Asia Pacific region is estimated to account for the largest share of the market, whereas North America is projected to grow at the fastest rate during the forecast period. The major growth in 5K display resolution market in Asia Pacific region attributes to the technical advancements and increasing use of mobiles devices in that region.
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Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of 5K display resolution market. Europe is expected to hold the second largest market share after Asia Pacific region in 5K display resolution market. In Europe, the presence of advanced infrastructure and with the increasing adoption of technology and technological advancements in numerous countries is driving the market growth of 5K display resolution market.
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