Report: Global 4K market to grow by 20 percent
The global 4K market is expected to grow by a compound annual growth rate of 20 percent by 2022, according to a report by Research and Markets.
The growth is being driven, in part, by large-scale adoption of 4K projectors and cameras in the media and entertainment industries. Other factors include an increasing demand for 4K televisions and the influence of Chinese vendors.
The major players in the 4K industry are Samsung Electronics, Sony Corp, LG Electronics, Canon Inc. and others, according to the report.