Leading Companies in the Global 8K Market Landscape

The global 8K market reached nearly USD 14.67 billion in 2023. The market is projected to grow at a CAGR of 30.8% between 2024 and 2032 to reach a value of around USD 164.54 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by increasing technological advancements.

8K offers superior picture quality in televisions. 8K has four times the pixel density of 4K televisions and an impressive 33 million pixels and provides an unparalleled level of detail and clarity. Although native 8K content remains limited, major studios are increasingly producing movies and television shows in 8K resolution. This effort is contributing to the development of a comprehensive library of 8K content for future use. 

As per 8K market report, in 2021, 8K TVs represented approximately 15% of global TV shipments, totalling around 350,000 units. Projections indicate that sales of 8K TVs are expected to reach 2.7 million units by the end of 2026. 

8K technology is expected to play a significant role in next-generation gaming systems. The newly announced PlayStation 5 Pro will support 8K gaming. Meanwhile, the Xbox Series X has the capability to run 8K games, though this potential has yet to be fully realized. It is promising to observe that major players in the gaming industry are beginning to adopt 8K, while streaming platforms such as Amazon Prime Video, Google, IMAX, and Roku have also joined the 8K Association, further signalling the growing momentum behind 8K content and technology.

Figure: Total Video Games Revenue, By Segment (USD Billion)

Further, the 8K gaming market significantly supports 8K market growth. 8K gaming is being supported by product launches such as NVIDIA’s GeForce RTX 3090. The foundation of 8K technology is its resolution of 7680 x 4320 pixels. This advanced resolution offers superior visual clarity, enabling the depiction of intricate details with extraordinary precision. In gaming, 8K resolution provides visuals that captivate audiences, creating an immersive virtual experience. The increased pixel count of 8K resolution delivers highly detailed text and images, resulting in exceptional visual clarity. This is particularly evident on larger displays, where messages are effectively communicated even from a distance. As per 2024 data, there are 3.2 billion video gamers worldwide and 1.17 billion play online.  By 2025, it is estimated that global online gaming audiences will surpass 1.3 billion.

In March 2024, Samsung Electronics launched its 2024 lineup of Neo QLED 8K, Neo QLED and OLED TVs. The 2024 Neo QLED 8K range has NQ8 AI Gen3 processor which has a neural processing unit (NPU) that offers higher performance upgrades by utilizing 512 neural networks.

Top 10 8K Companies in the World:

Samsung Electronics Co. Ltd

Samsung deals in consumer electronics equipment, that offers technologies and solutions like TVs, smartphones, wearable devices, tablets, digital appliances, network systems, medical devices, semiconductors and LED solutions. The company has operations in 74 countries with more than 230 global bases across the world. After establishment of this company in 1969, Samsung Electronics has grown into one of the world’s leading technology companies and recognized as one of the top 10 global brands.

LG Electronics Inc

LG is a multinational technology and consumer electronic company with 75,000 employees worldwide. LG has four businesses under its name, Home Appliance and Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions. The company has 142 subsidiaries all over the world. The company has certifications such as ISO 14001, ISO 45001, and ISO 50001. 

Sony Corporation

Sony Corporation is a diversified multinational conglomerate headquartered in Tokyo, Japan. The company operates primarily in the electronics, gaming, entertainment, and financial services industries, offering a wide range of products and services, including consumer electronics, gaming consoles, smartphones, televisions, music and film production, and financial services, among others. The company has a significant market presence in key regions, such as Asia, North America, and Europe.

Canon Inc.

Canon Inc. is a diversified company with a broad portfolio of products and solutions, including multifunction office systems, production printers, cameras, video and cinematography equipment, medical systems, semiconductor manufacturing equipment, and inkjet and laser printers. The company has a significant presence in the US market, holding 2,694 patents, which positions it as one of the top 5 patent holders in the country.

Dell Technologies Inc

Dell Technologies Inc. is among the world’s leading technology companies. The company provides a wide range of products ranging from hybrid cloud-based solutions to high-performance computers to social impact and environmental initiatives. Dell Technologies' Class C Common Stock is listed on the New York Stock Exchange (NYSE) and traded under the trading symbol "DELL." 

Sharp Corporation

Sharp Corporation is majorly engaged in manufacturing and sales of telecommunications equipment, electric and electronic application equipment, and electronic components. Through its universal network segment, the company offers TVs, Blu-ray disc recorders, audio equipment, mobile phones, tablet devices, routers etc. As of September 2024, the company has a consolidated employees of 42,093, of which 25,354 are overseas employees. 

RED Digital Cinema, LLC

RED Digital Cinema is a prominent manufacturer of professional digital cameras and accessories. The camera portfolio of the company includes Komodo, Komodo-X, V- Raptor (X), and V-Raptor XL (X).  The company has the presence of RED Connect, a license-enabled feature that unlocks up to 8K 120FPS live cinematic streaming from the V-RAPTOR line of cameras. Currently, RED cameras are being used in several movies including award winners “Mank,” “Squid Game,” “Hacks,” “Navalny,” “The Queen’s Gambit,” and “The Deepest Breath.

Hisense International Co., Ltd.

Hisense International Co., Ltd. is an appliance, electrical, and electronics manufacturing company based in Shandong. Hisense has 16 overseas R&D centres and owns 64 overseas companies and offices. The three industrial groups of the company include Hisense Electronic Information Group, Hisense Home Appliances Group, and Hisense Intelligent Technology Group. 

Panasonic Holdings Corporation

Panasonic Corporation is a leading multinational electronics manufacturer with its headquarters based in Osaka, Japan. The company offers an extensive range of products and services across multiple industries, including building solutions, energy systems, entertainment solutions, sports, manufacturing, and others. Panasonic Corporation has a vast workforce of over 240,198 employees, including the parent company and 532 consolidated companies. 

Digital Projection Ltd.

Digital Projection International is engaged in the manufacture and distribution of an extensive line of ultra-high-performance 3-chip and single-chip DLP® projectors, Radiance LED – direct-view, fine-pitch LED displays. These products are the reference standard for demanding applications including large-venues, live-event staging, fortune 5000, education, medical and scientific research, command and control, digital cinema, commercial entertainment, digital signage, worship and elite home cinema.