Market Outlook : 4K2K TV Market Globally Grow at a CAGR of 33.81% by Revenue During the Period 2017-2020
ResearchMoz presents professional and in-depth study of "Global 4K2K TV Market 2016-2020". The 4K2K TV is the latest revolution in TV technology and the most significant transformation of the TV since full HD (FHD) TVs. 4K2K TVs offer 3840 x 2160 resolution, which is four times the resolution of HD TV. In 2013, the shipment of 4K2K TVs was 2 million units. Shipments reached 18 million units in 2014, due to the rise in 4K content that has a resolution of up to 4K. The adoption rate is likely to increase because of the growing awareness about the technology. We estimate the total shipment to reach 207 million units by 2020. Also, vendors in the market are increasing their R&D investments to meet the rising demand for improved display resolution and are enhancing their value proposition. Technavios analysts forecast the global 4K2K TV market to grow at a CAGR of 33.81% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth...