ICT & Electronics Global 4K TV’s Market (2016-2024)- Research Nester | Page 6

Global 4K TV’s Market Overview
Global 4K TV’s Market by Screen Size (Below 52 inches, 52-65
Inches, Above 65 inches) By Technology (Organic Light Emitting
Diode (OLED), Light Emitting Diode (LED)) By Screen Type (Flat
Screen, Curved Screen) and Region - Global Forecast to 2024
4K television is an ultra-high definition (UHD) television. 4K TV’s have
a resolution of 3,840 pixels* 2,160 lines (8.3 megapixels, aspect ratio
16:9). This 4K resolution is four times the resolution of full HD. 4K
televisions provide a wider range of colors and pictures appears are more
vibrant.
Market Size and Forecast
The global 4K TV’s market is expected to grow at a CAGR of 18.1%
over the forecast period i.e. 2017-2024. The market of 4K TV’s is driven
by various factors such as rising adoption of innovative technology and
swelled disposable income of the population all across the globe.
By geography, with 41% in 2016, Asia-Pacific region accounted for the
largest market share followed by North America. Asia-Pacific region is
anticipated to continue its dominance over the forecast period. This
region is most lucrative market across the globe owing to emerging
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