New data from Transparency Market Research estimates that the worldwide UltraHD 4k panel market will reach $30.4 billion by 2020, representing a CAGR of 12.6% from 2013 to 2020. By volume, the market is forecast to reach 5.7 million units by 2020, growing at a CAGR of 9.2% from 2014 to 2020. The analyst attributes the rise to the increasing use of UHD displays in the commercial sector, as well as in the media and broadcasting industry.
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