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4K Camera Market Share, Size,Growth, Key Players, Outlook and
Forecasts to 2024 | Hexa Research
“ The global 4K camera market is expected to grow at a healthy CAGR of over
20 % during 2016 to 2024.”
4 December 2018
The global 4K camera market is expected to grow at a healthy CAGR of over 20 % during 2016 to 2024
(forecast period). The same will be credited to its multiple applications in consumer electronics,
entertainment, and education industries. Additionally, high quality videos & images offered by th ese cameras
can drive the overall industry. 4K cameras provide a resolution that is four times higher than standard/HD
(high definition) ones.
The industry can drive ‘4K camera’ changes along with ‘broadcasting system’ innovations. 4K technology is
likely to render a mark in various ‘digital media’ segments, such as TV screens and digital cameras. 4K
advancements coupled with escalating demand for ‘high resolution’ images should augment market demand.
However, high prices along with large-sized zooms preferred by professional or skilled broadcasters may
hinder the industry. Manufacturers are now focusing on the development of 2/3 inch ultra HD devices. The
latter reflect the market values for outdoor broadcast applications; such as ‘live sports product ion.’
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