The High Dynamic Range by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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As per The Business Research Company’s comprehensive analysis on High Dynamic Range (HDR), the market has witnessed remarkable growth in recent years, surging from $22.38 billion in 2024 to an estimated $27.84 billion, showcasing a robust Compound Annual Growth Rate (CAGR) of 24.4%. This expansion during the historical period is attributed to escalating demands for content creation, an upsurge in the need for high-quality video content, widespread adoption of HDR in the film and television industry, and the increasing popularity of streaming services. Additionally, the evolution of consumer electronics has played a pivotal role in the sector’s growth.
Forecasts indicate an exponential trajectory for the HDR market, projecting a substantial increase to $63.22 billion by 2028, with a CAGR of 22.8%. This anticipated growth is underpinned by the expansion of 5G networks, advancements in automotive display technology, the proliferation of Over-The-Top (OTT) platforms, the burgeoning adoption of HDR in gaming and virtual reality, and an increasing application in medical imaging. Noteworthy trends in the forecasted period encompass the utilization of dynamic metadata, Artificial Intelligence (AI)-driven HDR enhancement, cross-platform compatibility, a dedicated focus on sustainability and energy efficiency in HDR displays, and notable advancements in HDR technology.
The growing demand for large screen displays with greater resolution is expected to propel the growth of the High Dynamic Range market over the coming years. Large screen displays and greater resolution are defined as the Higher pixels creating a high-quality, crisp image and video. Large screen displays and greater resolution are used in High Dynamic Range to provide improved quality with high definition of videos. For instance, in May 2022, according to Comscore, a US-based cross-platform measurement company, the global viewing hours and total viewing households of smart TVs remain the fastest-growing types of connected TV devices with a total of 59% of connected TV households having smart TVs in February 2022, up 4% from February 2021 and 9% from February 2020. Therefore, the growing demand for large screen displays with greater resolution drives the high dynamic range market.
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The high dynamic range market covered in this report is segmented –
1) By Type: HDR10, HDR10+, Hybrid Log-Gamma, Dolby Vision, 4K
2) By Product Type: Capturing Devices, Display Devices
3) By Application: Consumer, Entertainment, Security And Surveillance
Top 5 Major Players:
The HDR market’s landscape is significantly influenced by the integration of HDR technology in 3D rendering, presenting diverse applications. The process of 3D rendering involves creating a 2D image from a 3D model, offering ample opportunities for HDR implementation. An exemplar of this trend is evident in Redmi’s recent launch of a TV featuring 4K HDR and Dolby Vision Set. The forthcoming Smart TV X43, equipped with a 4K display, not only stands out with its size but also supports 4K HDR and Dolby Vision content—a distinctive feature uncommon in typical 43-inch smart TVs. This intersection of cutting-edge technology and consumer electronics marks a significant stride in the evolution of HDR in the market.
The high dynamic range market report table of contents includes:
1. Executive Summary
2. High Dynamic Range Market Characteristics
3. High Dynamic Range Market Trends And Strategies
4. High Dynamic Range Market – Macro Economic Scenario
5. Global High Dynamic Range Market Size and Growth
….
31. Global High Dynamic Range Market Competitive Benchmarking
32. Global High Dynamic Range Market Competitive Dashboard
33. Key Mergers And Acquisitions In The High Dynamic Range Market
34. High Dynamic Range Market Future Outlook and Potential Analysis
35. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global High Dynamic Range Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global High Dynamic Range Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global High Dynamic Range Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Amcrest Technologies Financial Performance
Table 75: Canon Inc. Financial Performance
Table 76: Casio Co. Pvt. Ltd. Financial Performance
Table 77: FUJIFILM Corporation Financial Performance
Table 78: LG Corporation Financial Performance
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