Quad High Definition Devices Market (Updated Version Available)
Quad High Definition Devices Market Size, Share & Trends Analysis, By Sales Channel (Direct Sales and Distributor Sales), By Product Type (Television Sets, Monitors, Smartphones, Cameras, Automotive Displays, and Others), By Region, Forecast Period-2023 - 2030
Report ID : RI_673909 | Date : July 2023 |
Format : 
Key Market Overview:
The Quad High Definition Devices Market was valued at USD 11,119.32 Million in 2022, registering a CAGR of 8.30% during the forecast period (2023-2030), and the market is projected to be worth USD 20,510.00 Million by 2030.
Quad high definition (QHD) refers to a resolution standard that measures 2560 x 1440 pixels and has an aspect ratio of 16:9. Quad high definition resolution offers several benefits including higher pixel density, along with sharp & high definition images and videos. The aforementioned benefits are major aspects for increasing the utilization of quad high definition resolution in television sets, monitors, smartphones, computers, automotive displays, and other applications.
Factors including rising investments in consumer electronic sector, increasing penetration of smartphones, laptops, and other devices, and growing demand for high-resolution displays are among the key prospects driving the adoption of quad high definition resolution. Additionally, the increasing application of quad high definition resolution in automotive displays is a significant factor driving the market growth.
For instance, in June 2023, SAMSUNG launched its new series of G9 OLED gaming monitors. The gaming monitors offer dual quad high definition (QHD) and are equipped with AI upscaling technology that augments visual detail for optimized picture quality. Therefore, the rising development of quad high definition monitors is driving the growth of the market.
Quad High Definition Devices Market Report Coverage:
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Market Dynamics:
Driver:
Rising adoption of QHD display in smartphones is driving the market growth
Quad high definition (QHD) displays are primarily used in smartphones, owing to its range of characteristics including higher pixel density, along with sharper, more defined, and detailed images and videos. Moreover, the ability of QHD displays to enhance visual detail and offer optimized picture quality are prime determinants for increasing adoption of the display in smartphones.
Factors including growing demand for high resolution smartphone displays, rising trend of digitalization, and expansion of telecom infrastructure are among the key prospects driving the adoption of QHD displays. For instance, in February 2023, Samsung launched its Galaxy S23 series of smartphones globally. Samsung S23 Ultra is equipped with QHD display and is available in various distinctive colors. Thus, the rising adoption of QHD displays in smartphones is driving the growth of the Quad High Definition Devices Market.
Restraint:
Availability of substitutes is restraining the market growth
Quad high definition (QHD) resolution has multiple substitutes including full high-definition (FHD) resolution, ultra-high-definition (UHD) resolution, and others. Comparatively, the substitutes have similar characteristics, performance, and applications which is a prime factor limiting the market growth.
For instance, ultra-high-definition resolution offers enhanced detail and sharpness on a screen of almost any size. Moreover, ultra-high-definition resolution is often used in applications including monitors, television sets, and others. Additionally, full high-definition resolution acts as an ideal alternative to QHD resolution in smartphone displays, owing to the enhanced image quality and lower battery consumption. Thus, the availability of substitutes for quad high definition resolution is restraining the growth of the market.
Quad High Definition Devices Market Segmentation:
By Sales Channel
The sales channel segment is divided into direct sales and distributor sales.
The distributor sales segment contributed to the largest revenue share in 2022. The distributor sales channel of quad high definition devices comprises of both offline and online modes. In the online mode, the quad high definition devices are bought from e-commerce websites such as Amazon, eBay, Alibaba, and others. The offline mode includes the distribution of quad high definition devices through retail stores, specialist stores, and others. In addition, buying from a distributor also benefits the consumer in selecting the best product available in the market.
For instance, Samsung and Phillips N.V are among the major quad high definition device manufacturers that offer a range of quad high definition monitors for purchase through various e-commerce websites including Amazon, eBay, and others. Thus, the increasing availability of quad high definition devices through online distributor sales channel is a prime factor proliferating the growth of the segment.
Furthermore, factors including higher accessibility to a variety of products, ease of use, high flexibility, and a strong customer base are prime aspects driving the growth of distributor sales channel segment. Additionally, the direct sales segment is expected to grow steadily during the forecast period. In direct sales channel, products are sold directly to customers by the means of various physical outlets such as company outlets, and others. Moreover, the direct sales channel also comprises of an online mode, in which the manufacturers sell the products through company owned websites.
Additionally, purchasing quad high definition devices from direct sales channel offers various benefits such as faster response time, competitive pricing, and higher return on investments, which are primary factors increasing the purchase of quad high definition devices from direct sales channel. For instance, LG Electronics is among the key quad high definition device manufacturers that offer a range of quad high definition devices including QHD monitors for direct purchase through the company website.
Further, factors including the availability of targeted advertising, excellent support and warranty, and reliable shipping and return policies are key prospects driving the segmental growth of the direct sales channel.
Thus, the increasing availability of quad high definition devices through direct sales channels is a key factor fostering the growth of the segment.
By Product Type
The product type segment is divided into television sets, monitors, smartphones, cameras, automotive displays, and others.
The monitor segment accounted for largest share in the Quad High Definition Devices Market in 2022 and is expected to grow at a highest CAGR. Quad high definition resolution is primarily used in gaming and computer monitors due to the advantages inducing sharper, defined, and detailed image and video quality.
Factors including the increasing popularity of online gaming, rising adoption of personal computers, and growing demand for high resolution monitors are driving the growth of the monitor segment. For instance, in August 2022, LG Electronics launched its new DualUp Monitor which is particularly designed to enhance work efficiency and space utilization. The new DualUp Monitor vertically supports two monitors with SD (standard definition) and QHD (quad high definition) resolution. Additionally, Phillips and Asus are among the major consumer electronics manufacturers that offer various types of gaming monitors integrated with QHD resolution. Thus, the rising adoption of quad high definition resolution in monitors is anticipated to drive the growth of the segment during the forecast period.
By Region:
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The North American region is considered to contribute the largest revenue share in the year 2022. The growth of the market in the North American region is attributed to several factors including the growing consumer electronics sector and rising demand for high-resolution displays in consumer devices, which is fueling the demand for quad high definition resolution.
For instance, according to the Semiconductor Industry Association (SIA), the total demand for computers and consumer devices in the United States in 2020 was valued at USD 142.2 billion and USD 53 billion respectively. Further, computer segment witnessed an annual growth of 21.2% in 2020. Thus, the growing consumer electronics sector is driving the adoption of QHD displays in computer monitors, smartphones, television, and other devices which in turn fostering the market growth.
The Asia-Pacific region is anticipated to witness substantial growth during the forecast period. The growing pace of industrialization and development is promoting lucrative opportunities for market growth in the region. Additionally, factors including the rising investments in consumer electronics sector and increasing adoption of laptops, smartphones, computers, and other consumer devices are fostering the market growth for quad high definition in the Asia-Pacific region.
For instance, according to the India Brand Equity Foundation, the consumer electronics sector in India was valued at USD 9.84 billion in 2021, and it is anticipated to grow at a substantial rate to reach USD 21.18 billion by 2025. Hence, the growing consumer electronics sector in the region is expected to drive the market growth during the forecast period of 2023-2030.
Quad High Definition Devices Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in research and development (R&D), product innovation, various business strategies, and application launches have accelerated the growth of the global Quad High Definition Devices Market. Key players in the market include-
• SAMSUNG
• ASUSTek Computer Inc.
• Huawei Device Co. Ltd.
• LG Electronics
• Phillips N.V.
• Lenovo
• Japan Display Inc.
• ViewSonic Corporation
• OPPO
• Gionee
Recent Developments
• In December 2022, LG Electronics launched its new UltraGear series of OLED gaming monitors. The gaming monitor offers high performance and is integrated with quad high definition resolution.
The Quad High Definition Devices Market was valued at USD 11,119.32 Million in 2022, registering a CAGR of 8.30% during the forecast period (2023-2030), and the market is projected to be worth USD 20,510.00 Million by 2030.
Quad high definition (QHD) refers to a resolution standard that measures 2560 x 1440 pixels and has an aspect ratio of 16:9. Quad high definition resolution offers several benefits including higher pixel density, along with sharp & high definition images and videos. The aforementioned benefits are major aspects for increasing the utilization of quad high definition resolution in television sets, monitors, smartphones, computers, automotive displays, and other applications.
Factors including rising investments in consumer electronic sector, increasing penetration of smartphones, laptops, and other devices, and growing demand for high-resolution displays are among the key prospects driving the adoption of quad high definition resolution. Additionally, the increasing application of quad high definition resolution in automotive displays is a significant factor driving the market growth.
For instance, in June 2023, SAMSUNG launched its new series of G9 OLED gaming monitors. The gaming monitors offer dual quad high definition (QHD) and are equipped with AI upscaling technology that augments visual detail for optimized picture quality. Therefore, the rising development of quad high definition monitors is driving the growth of the market.
Quad High Definition Devices Market Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 (USD Million) | 20,510.00 million |
| CAGR (2023-2030) | 8.30% |
| Base Year | 2022 |
| By Sales Channel | Direct Sales and Distributor Sales |
| By Product Type | Television Sets, Monitors, Smartphones, Cameras, Automotive Displays, and Others |
| By Geography |
|
| Key Players | SAMSUNG, ASUSTek Computer Inc., Huawei Device Co. Ltd., LG Electronics, Phillips N.V., Lenovo, Japan Display Inc., ViewSonic Corporation, OPPO, Gionee |
Market Dynamics:
Driver:
Rising adoption of QHD display in smartphones is driving the market growth
Quad high definition (QHD) displays are primarily used in smartphones, owing to its range of characteristics including higher pixel density, along with sharper, more defined, and detailed images and videos. Moreover, the ability of QHD displays to enhance visual detail and offer optimized picture quality are prime determinants for increasing adoption of the display in smartphones.
Factors including growing demand for high resolution smartphone displays, rising trend of digitalization, and expansion of telecom infrastructure are among the key prospects driving the adoption of QHD displays. For instance, in February 2023, Samsung launched its Galaxy S23 series of smartphones globally. Samsung S23 Ultra is equipped with QHD display and is available in various distinctive colors. Thus, the rising adoption of QHD displays in smartphones is driving the growth of the Quad High Definition Devices Market.
Restraint:
Availability of substitutes is restraining the market growth
Quad high definition (QHD) resolution has multiple substitutes including full high-definition (FHD) resolution, ultra-high-definition (UHD) resolution, and others. Comparatively, the substitutes have similar characteristics, performance, and applications which is a prime factor limiting the market growth.
For instance, ultra-high-definition resolution offers enhanced detail and sharpness on a screen of almost any size. Moreover, ultra-high-definition resolution is often used in applications including monitors, television sets, and others. Additionally, full high-definition resolution acts as an ideal alternative to QHD resolution in smartphone displays, owing to the enhanced image quality and lower battery consumption. Thus, the availability of substitutes for quad high definition resolution is restraining the growth of the market.
Quad High Definition Devices Market Segmentation:
By Sales Channel
The sales channel segment is divided into direct sales and distributor sales.
The distributor sales segment contributed to the largest revenue share in 2022. The distributor sales channel of quad high definition devices comprises of both offline and online modes. In the online mode, the quad high definition devices are bought from e-commerce websites such as Amazon, eBay, Alibaba, and others. The offline mode includes the distribution of quad high definition devices through retail stores, specialist stores, and others. In addition, buying from a distributor also benefits the consumer in selecting the best product available in the market.
For instance, Samsung and Phillips N.V are among the major quad high definition device manufacturers that offer a range of quad high definition monitors for purchase through various e-commerce websites including Amazon, eBay, and others. Thus, the increasing availability of quad high definition devices through online distributor sales channel is a prime factor proliferating the growth of the segment.
Furthermore, factors including higher accessibility to a variety of products, ease of use, high flexibility, and a strong customer base are prime aspects driving the growth of distributor sales channel segment. Additionally, the direct sales segment is expected to grow steadily during the forecast period. In direct sales channel, products are sold directly to customers by the means of various physical outlets such as company outlets, and others. Moreover, the direct sales channel also comprises of an online mode, in which the manufacturers sell the products through company owned websites.
Additionally, purchasing quad high definition devices from direct sales channel offers various benefits such as faster response time, competitive pricing, and higher return on investments, which are primary factors increasing the purchase of quad high definition devices from direct sales channel. For instance, LG Electronics is among the key quad high definition device manufacturers that offer a range of quad high definition devices including QHD monitors for direct purchase through the company website.
Further, factors including the availability of targeted advertising, excellent support and warranty, and reliable shipping and return policies are key prospects driving the segmental growth of the direct sales channel.
Thus, the increasing availability of quad high definition devices through direct sales channels is a key factor fostering the growth of the segment.
By Product Type
The product type segment is divided into television sets, monitors, smartphones, cameras, automotive displays, and others.
The monitor segment accounted for largest share in the Quad High Definition Devices Market in 2022 and is expected to grow at a highest CAGR. Quad high definition resolution is primarily used in gaming and computer monitors due to the advantages inducing sharper, defined, and detailed image and video quality.
Factors including the increasing popularity of online gaming, rising adoption of personal computers, and growing demand for high resolution monitors are driving the growth of the monitor segment. For instance, in August 2022, LG Electronics launched its new DualUp Monitor which is particularly designed to enhance work efficiency and space utilization. The new DualUp Monitor vertically supports two monitors with SD (standard definition) and QHD (quad high definition) resolution. Additionally, Phillips and Asus are among the major consumer electronics manufacturers that offer various types of gaming monitors integrated with QHD resolution. Thus, the rising adoption of quad high definition resolution in monitors is anticipated to drive the growth of the segment during the forecast period.
By Region:
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. The North American region is considered to contribute the largest revenue share in the year 2022. The growth of the market in the North American region is attributed to several factors including the growing consumer electronics sector and rising demand for high-resolution displays in consumer devices, which is fueling the demand for quad high definition resolution.
For instance, according to the Semiconductor Industry Association (SIA), the total demand for computers and consumer devices in the United States in 2020 was valued at USD 142.2 billion and USD 53 billion respectively. Further, computer segment witnessed an annual growth of 21.2% in 2020. Thus, the growing consumer electronics sector is driving the adoption of QHD displays in computer monitors, smartphones, television, and other devices which in turn fostering the market growth.
The Asia-Pacific region is anticipated to witness substantial growth during the forecast period. The growing pace of industrialization and development is promoting lucrative opportunities for market growth in the region. Additionally, factors including the rising investments in consumer electronics sector and increasing adoption of laptops, smartphones, computers, and other consumer devices are fostering the market growth for quad high definition in the Asia-Pacific region.
For instance, according to the India Brand Equity Foundation, the consumer electronics sector in India was valued at USD 9.84 billion in 2021, and it is anticipated to grow at a substantial rate to reach USD 21.18 billion by 2025. Hence, the growing consumer electronics sector in the region is expected to drive the market growth during the forecast period of 2023-2030.
Quad High Definition Devices Market Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in research and development (R&D), product innovation, various business strategies, and application launches have accelerated the growth of the global Quad High Definition Devices Market. Key players in the market include-
• SAMSUNG
• ASUSTek Computer Inc.
• Huawei Device Co. Ltd.
• LG Electronics
• Phillips N.V.
• Lenovo
• Japan Display Inc.
• ViewSonic Corporation
• OPPO
• Gionee
Recent Developments
• In December 2022, LG Electronics launched its new UltraGear series of OLED gaming monitors. The gaming monitor offers high performance and is integrated with quad high definition resolution.
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| Multi user | : $5460 |
| Corporate user | : $7460 |
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