UltraHD Panels Exceed $30 Billion by 2020

A new report by Transparency Market Research ( forecasts that the UltraHD panel market will be worth $30.4 billion by 2020. By this time, the panel market will exceed 5.7 million units, with a 9.2% CAGR between 2014 and 2020. The display screens segment will grow the fastest (17.5% CAGR), due to rising demand. North America will be the largest market, but APAC will grow the fastest (15.1% CAGR). In 2013, the market was worth $12.8 billion.