The Business Research Company’s Super Hi-Vision Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Super Hi-Vision Global Market Report 2023 evaluates super hi-vision market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global super hi-vision market is expected to grow from the super hi-vision market size has grown exponentially in recent years. It will grow from $87.04 billion in 2023 to $107.12 billion in 2024 at a compound annual growth rate (CAGR) of 23.1%. The growth in the historic period can be attributed to increasing demand for high-quality video content, growing popularity of immersive viewing experiences, rising disposable income levels, demand for high-end tvs and other display devices, growing adoption of cloud computing.The super hi-vision market size is expected to see exponential growth in the next few years. It will grow to $246.54 billion in 2028 at a compound annual growth rate (CAGR) of 23.2%.
The growing popularity of streaming and online video platforms is expected to propel the growth of the super hi-vision market going forward. Streaming and online video platforms refer to digital services allowing users to watch videos, movies, television shows and other multimedia content over the internet in real-time without downloading the content to their device. Super hi-vision provides an incredibly high resolution of 7680 x 4320 pixels, delivering a level of detail and clarity unmatched by lower-resolution formats like 4K (4000) or Full HD (high-definition). This helps viewers to enjoy sharper images, finer details and more immersive visuals when streaming content in 8K. For instance, in April 2023, according to a press release shared by Netflix Inc., a US-based streaming media company, Netflix had 223 million paying subscribers in the fourth quarter of 2022 and by the first three months of 2023, that number had risen to 231 million. Therefore, the growing popularity of streaming and online video platforms is driving the growth of the super hi-vision market.
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The super hi-vision market segments in the report are:
1) By Type: 8K, 4K
2) By Device: Monitor, Television, Camera, Full Dome
3) By Application: Television Broadcasting And Commercial Electronics, Camera Lenses, Medical Science, Space Science And Defense Sectors
The table of contents in TBRC’s super hi-vision market report includes:
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Top Major Players
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