5K Display Resolution Market Overview:
The growing advancement and rapid development in the display technology is leading factor for the growth of 5K resolution market. Although 5K display resolution is not a standard format, it is widely used in computer monitors for gaming, as well in medical applications.
The popularity of 5K Display Resolution Market has increased the technological advancement of 5K display resolution. The global shipment of 4K enabled TVs has increased exponentially. Various companies such as Dell, HP, Apple, Samsung, LG, Philips, and others are bringing out their 5K enabled monitors and displays for consumers, medical sector, and research and development. One of the major factors that enhance the growth of 5K display resolution is the changing consumption pattern of consumers. 4K display resolutions are widely adopted in TVs and smartphones, and with 5K coming into picture, its adoption rate in mobile devices is expected to increase.
The major vendors in the market, LG Display and Samsung Display are experiencing dominance in the market as many other leading laptop and TV manufacturers are utilizing their displays. Apple Inc. is using LG’s 5K display into their Mac notebooks. LG and Samsung are also creating a benchmark in terms of technological advancement.
The market is expected to witness various opportunities in flexible displays. However, with the rise of online video and content streaming, the consumers prefer to watch their content over a mobile device. As 5K display resolution is not yet popularized in smartphones and tablets, their demand is less which hampers the market growth
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Major Key Players:
The prominent players in the 5K display resolution market are Dell Inc. (US), Apple Inc. (US), LG Electronics Inc. (South Korea), Philips (Netherlands), HP (US), Samsung Electronics (South Korea), Red Digital Cinema Camera Company (US), Sharp Corporation (Japan), Sony Corporation (Japan), Canon Inc. (Japan), among others, are profiled in Market Research Future analysis and are at the forefront of competition in the global 5K display resolution market.
September 2018, Pimax launched Pimax 8K and 5K ultrawide VR headsets.
The Pimax 8K comes with dual 4K displays each with a resolution of 3840 x 2160 whereas the 5K has two 2560 x 1440 screens with higher pixel density for improved image quality.
December 2017, LG launched two new 32-inch and 34-inch 5K ultrawide monitors.
The 32-inch monitor features brighter and intense colors and is capable of setting up dual 4K monitors with Thunderbolt 3 connectivity. However, the 34-inch monitor has a 21:9 aspect ratio with higher color reproduction capabilities, Thunderbolt 3 connectivity, and a near-borderless display.
November 18, Dell launched its XPS 15 (9570) laptop featuring a discrete Max-Q GPU.
Powered by Intel’s 8th-generation processor, the 15-inch notebook is enabled with a 5K display, featuring a resolution of 5120 x 2880 pixels. The notebook is expected to attract content creators, and creative professionals.
5K Display Resolution Market Segmentation:
- Segmentation by product: monitors, televisions, cameras, laptops, smartphones and tablets, and others.
- Segmentation by resolution: 5120 × 2160 resolution, 5120 × 2700 resolution, 5120 × 2880 resolution, 5120 × 3200 resolution, 5120 × 3840 resolution, and 5120 × 4096 resolution.
- Segmentation by application: retail, consumer electronics, advertisements, education, and others.
- Segmentation by region: North America, Europe, Asia-Pacific and rest of the world.
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5K Display Resolution Market Regional Analysis:
The regional analysis of 5K display resolution market is studied for North America, Europe, Asia-Pacific and rest of the world. 5K display resolution market is growing with a steady pace across Asia-Pacific, and North America owing to the high demand for 4k display resolution. Asia-Pacific dominates the 5K display resolution market in terms of technological advancement and adoption of 5K display resolution. One of the major factors towards the growth of 5K display resolution in Asia-Pacific region is the high penetration of consumer electronics devices like television, laptops, and even smartphones. The world’s top display companies Samsung Display and LG Display operate from this region and having a geographical presence.
These companies encourage the new entrants and start-ups to develop new technologies to create a broader competitive landscape. With the digitization, and introduction of internet TV, the number of shipments for smart TV and 4K enabled TV has been increased. The consumers prefer a better resolution and thus there are advancements being done in 5K and even 8K display resolution.
On the contrary, North America is the second highest dominating region following Asia-Pacific. The major factor for the slow growth of North America is the increased penetration of high-resolution smartphones, and high-speed broadband internet. The changing preference of consumers towards streaming services on mobile devices has slowed down the shipment of TVs across the major countries in North America such as the US, and Canada.
• Technology investors
• Integrated device manufacturers (IDMs)
• Original equipment manufacturers (OEMs)
• Research/Consultancy firms
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
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List of Tables
Table 1 5k Display Resolution Market, By Product Type
Table 2 5k Display Resolution Market, By Resolution
Table 3 5k Display Resolution Market, By Application
List of Figures
Figure 1 Research Type
Figure 2 5k Display Resolution Market, By Product Type (%)
Figure 3 5k Display Resolution Market, By Resolution (%)
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