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Evolution of HDTV Gains New Momentum with HDR

Consumer video entertainment is about to evolve, once again. High dynamic range (HDR) features will infiltrate some full high-definition (HD) television sets and thereby help to boost the emerging 4K TV set (UltraHD) market momentum. ABI Research forecasts that HDR TV shipments will grow at a 41 percent CAGR and reach 245 million units in 2022. According to their assessment, 8K TV sets are still years away from reaching the global market, with market hype currently centering on Japan’s plans to deliver 8K video at the 2020 Olympics. HDR TV Market Development "As evident with Sony’s recent announcement to include HDR in all its new TV sets, the next-generation TV technology will soon be a prominent feature in many UltraHD TV sets," said Khin Sandi Lynn, analyst at ABI Research . While some less expensive TV sets will not yet support the new technology, high-end TV manufacturers recognize the value that HDR functionality brings to the customer viewing experience. Vend...

Ultra High-Definition TV will Reach 189 Million Viewers

The digital TV and video entertainment market will expand via online and mobile delivery of new media. This new growth will be driven by network operator owned services, such as Internet Protocol Television (IPTV), or through Over The Top (OTT) video streaming services such as Amazon Prime, Netflix and Hulu among others. Meanwhile, traditional pay-TV operators and terrestrial over-the-air TV broadcasters will continue to be disrupted by new digital technologies and new business models. Furthermore, the impact of the ongoing video entertainment transformation could also create new challenges for the Cinema theater sector. According to the latest market study by Juniper Research, ultra high-definition television (UHDTV) streaming video services -- i.e. 4K OTT -- content will start to reach the mainstream market soon, with adoption set to soar over the next 5 years. How Connected TV Fueled the Disruption Note, 4K is a term that was originally used to describe the cinema projection...