5K display market to see ‘spectacular growth’
5K Display Resolutions is the next generation of ultra-high-definition displays and it's already causing a stir in the tech world, offering just over seven times the resolution of 1080p full HD both horizontally and also vertically. I
According to a recent study report published by Market Research Future (www.marketresearchfuture.com), the global market of 5K display resolutions has increased in recent years. The market is expected to grow at a rapid pace through 2023, according to the research group The 5K display resolutions market is forecasted to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR [compound annual growth rate] during this period, adds the research group.
The continuous developments and increasing technological advancements are major factors leading to growth of 5K display resolution market. Major factors driving the growth of 5K display resolution market are the growing demand in the consumer electronics market segment, says Market Research Future. 5K video cameras are majorly used for digital cinematography. 5K resolution provides a crisp and clear image which does not get distorted while editing.
The 5K display resolution market has been segmented on the basis of product, resolution and application. The resolution segment is further bifurcated into different resolutions such as 5120 × 2160 resolution, 5120 × 2700 resolution, 5120 × 2880 resolution, 5120 × 3200 resolution, 5120 × 3840 resolution and 5120 × 4096 resolution. Out of these, most commonly used resolution is 5120 × 2880 resolution, which is widely used in televisions.