Press release
High Dynamic Range Market Share Reach USD $126,740.0 Million by 2030
As per the report, the global high dynamic range industry was accounted for $13.76 billion in 2020, and is expected to reach $126.74 billion by 2030, growing at a CAGR of 25.1% from 2021 to 2030.
Asia-Pacific is expected to observe highest growth rate during the forecast period. Asia-Pacific dominated the high dynamic range market, due to upsurge in demand from gaming, entertainment, and media industries. In addition, Asia-Pacific is home to major players such as Canon, Omnivision Technologies, Samsung Electronics Co., Ltd., Fujifilm Holding Corporation, and Casio Computer Co., Ltd., which offer advanced high dynamic range solutions. Further, increasing 4G coverage coupled with the emergence of 5G, ever-increasing smartphone and pay-TV penetration, falling data tariffs, and rising per capita income primarily drives the demand for high dynamic range content in Asia-Pacific, thereby fueling the growth of the market.
Download Sample Report (Get Full Insights in PDF - 256 Pages) at: https://www.alliedmarketresearch.com/request-sample/5819
High potential for digital photography, surge in penetration of smartphones, and ongoing demand for large screen displays with high resolutions have boosted the growth of the global high dynamic range market. However, rise in need for considerably higher bandwidth for broadcasting high dynamic range content hinders the market growth. On the contrary, advent of new high dynamic range-compatible devices and surge in on-demand content delivery services are expected to unlock new opportunities for the market players in the future.
By type, the HDR 10+ segment held the largest share in 2020, accounting for more than one-third of the global high dynamic range market, as it uses dynamic metadata rather than static, making the picture look more realistic. However, the Dolby vision segment is expected to register the highest CAGR of 28.2% during the forecast period, as it offers several advantages over HDR formats.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/high-dynamic-range-market/purchase-options
By application, the entertainment segment held the lion's share in 2020, contributing to nearly half of the global high dynamic range industry. However, the video streaming segment is estimated to manifest the highest CAGR of 27.1% from 2021 to 2030, due to rise in demand for high dynamic range video streaming as it offers higher contrast and precise & detailed shadows with more clarity.
By region, the market across North America dominated in 2020, holding around two-fifths of the market, due to strong presence of successful camera brands and manufacturers in the region. However, the global high dynamic range market across Asia-Pacific is projected to portray the highest CAGR of 28.1% during the forecast period, owing to surge in demand from gaming, media, and entertainment industries.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5819
Covid-19 scenario:
1. During the Covid-19 pandemic, the demand for video streaming and entertainment increased during the lockdown, boosting the demand for high dynamic range solutions.
2. However, the pandemic negatively affected the market due to a disrupted supply chain and drop in the production of displays. Moreover, the shortage of logistics support, quarantine procedures, and shortage of labor hampered the market.
Some of the key high dynamic range industry players profiled in the report include Apple, Inc., Canon, Nikon Corporation, Samsung Electronics Co., Ltd., LG Display Co., Ltd., Omnivision Technologies, Olympus Corp., Sony Corporation, Fujifilm Holding Corporation, and Casio Computer Co., Ltd. This study includes market trends, high dynamic range market analysis, and future estimations to determine the imminent investment pockets.
Access the full summary at: https://www.alliedmarketresearch.com/purchase-enquiry/5819
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Asia-Pacific is expected to observe highest growth rate during the forecast period. Asia-Pacific dominated the high dynamic range market, due to upsurge in demand from gaming, entertainment, and media industries. In addition, Asia-Pacific is home to major players such as Canon, Omnivision Technologies, Samsung Electronics Co., Ltd., Fujifilm Holding Corporation, and Casio Computer Co., Ltd., which offer advanced high dynamic range solutions. Further, increasing 4G coverage coupled with the emergence of 5G, ever-increasing smartphone and pay-TV penetration, falling data tariffs, and rising per capita income primarily drives the demand for high dynamic range content in Asia-Pacific, thereby fueling the growth of the market.
Download Sample Report (Get Full Insights in PDF - 256 Pages) at: https://www.alliedmarketresearch.com/request-sample/5819
High potential for digital photography, surge in penetration of smartphones, and ongoing demand for large screen displays with high resolutions have boosted the growth of the global high dynamic range market. However, rise in need for considerably higher bandwidth for broadcasting high dynamic range content hinders the market growth. On the contrary, advent of new high dynamic range-compatible devices and surge in on-demand content delivery services are expected to unlock new opportunities for the market players in the future.
By type, the HDR 10+ segment held the largest share in 2020, accounting for more than one-third of the global high dynamic range market, as it uses dynamic metadata rather than static, making the picture look more realistic. However, the Dolby vision segment is expected to register the highest CAGR of 28.2% during the forecast period, as it offers several advantages over HDR formats.
Buy Now & Get Exclusive Discount on this Report: https://www.alliedmarketresearch.com/high-dynamic-range-market/purchase-options
By application, the entertainment segment held the lion's share in 2020, contributing to nearly half of the global high dynamic range industry. However, the video streaming segment is estimated to manifest the highest CAGR of 27.1% from 2021 to 2030, due to rise in demand for high dynamic range video streaming as it offers higher contrast and precise & detailed shadows with more clarity.
By region, the market across North America dominated in 2020, holding around two-fifths of the market, due to strong presence of successful camera brands and manufacturers in the region. However, the global high dynamic range market across Asia-Pacific is projected to portray the highest CAGR of 28.1% during the forecast period, owing to surge in demand from gaming, media, and entertainment industries.
Inquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/5819
Covid-19 scenario:
1. During the Covid-19 pandemic, the demand for video streaming and entertainment increased during the lockdown, boosting the demand for high dynamic range solutions.
2. However, the pandemic negatively affected the market due to a disrupted supply chain and drop in the production of displays. Moreover, the shortage of logistics support, quarantine procedures, and shortage of labor hampered the market.
Some of the key high dynamic range industry players profiled in the report include Apple, Inc., Canon, Nikon Corporation, Samsung Electronics Co., Ltd., LG Display Co., Ltd., Omnivision Technologies, Olympus Corp., Sony Corporation, Fujifilm Holding Corporation, and Casio Computer Co., Ltd. This study includes market trends, high dynamic range market analysis, and future estimations to determine the imminent investment pockets.
Access the full summary at: https://www.alliedmarketresearch.com/purchase-enquiry/5819
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
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