Super Hi-Vision Industry 2020 is expected to reach 161.67 billion by 2025

 The Super Hi-Vision market was valued at USD 46.51 billion in 2019 and is expected to reach USD 161.67 billion by 2025, at a CAGR of 23.08% over the forecast period 2020 - 2025. The 8K Super Hi-Vision (8K SHV) camera is trending in market, which represents 16 times of numbers of pixels than numbers of pixels of Full HD (1920 x 1080 pixels), and 4 times of 4K Ultra HD (3840 x 2160 pixels). It means that 8K Ultra HD brings 16 times of information of image data, that is equivalent to 16 times digital zoom, which should be equal to Full HD quality This latest development is also capable of recording 8K in a camera head that is smaller and lighter.

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Rising demand for better resolution display screen is driving the market. The 8K technology is implemented in different resolutions. Furthermore, the 8K UHD (7680 × 4320 resolution) is best suited for monitors and televisions. Its high pixel count provides better viewing angles and high clarity images. This segment is expected to account for a major market share, as new technologies witness high demand, especially in case of consumer goods.

The advancements in display technology in consumer electronics, along with the increase in demand for high-resolution TVs among consumers, create a positive response for the growth of the market. The large-screen and high-resolution TVs propound better quality and realistic images, as well as an enhanced viewing experience. For instance Sharp has developed an 85-inch LCD (7,680 horizontal × 4,320 vertical pixels). This was achieved by enhancing display quality utilizing Sharp’s proprietary UV2A technology. 

High price and prime costing of 8K product is restraining the market. Due to its advanced display technology with the miniaturization of innovative products, its price remains high.