Excerpt : Analysts agree that the two factors i
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Posted On: 07/25/2014 9:32:36 AM
Excerpt :
Analysts agree that the two factors influencing the success of 4K technology are widespread adoption of 4K UHD TVs and the availability of 4K content. According to presentations made at the recent 2014 SID Business Conference to kick-off Display Week, UHD TV is poised for dramatic growth. IHS Inc. co-sponsored the event under the tutelage of Sr. Director Sweta Dash, who reported that 4K TVs are forecast to sell up to 15M sets in 2014, up from just 3M TVs in 2013. That’s moving from 1% to 6% TV market share this year (2014). IHS reported the category is expected to grow in 2015 to 36M, then 49M, 60M, 69M UHD sets by the end of the forecast period in 2018.
“These are exciting times for 4K UHD technology and NanoTech is building a dynamic programming network featuring a diverse, on-going pipeline of compelling 4K content,” said Cosgrove. “Until now, most people thought you needed a lot of bandwidth and storage to deliver high-quality 4K content. 4K video with uninterrupted viewing can now be delivered at under 10Mbps by NanoTech, which makes 4K Ultra HD available to most North American and European internet subscribers today.”
Analysts agree that the two factors influencing the success of 4K technology are widespread adoption of 4K UHD TVs and the availability of 4K content. According to presentations made at the recent 2014 SID Business Conference to kick-off Display Week, UHD TV is poised for dramatic growth. IHS Inc. co-sponsored the event under the tutelage of Sr. Director Sweta Dash, who reported that 4K TVs are forecast to sell up to 15M sets in 2014, up from just 3M TVs in 2013. That’s moving from 1% to 6% TV market share this year (2014). IHS reported the category is expected to grow in 2015 to 36M, then 49M, 60M, 69M UHD sets by the end of the forecast period in 2018.
“These are exciting times for 4K UHD technology and NanoTech is building a dynamic programming network featuring a diverse, on-going pipeline of compelling 4K content,” said Cosgrove. “Until now, most people thought you needed a lot of bandwidth and storage to deliver high-quality 4K content. 4K video with uninterrupted viewing can now be delivered at under 10Mbps by NanoTech, which makes 4K Ultra HD available to most North American and European internet subscribers today.”
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