The Quad High Definition Devices market is experiencing substantial growth, with a projected Compound Annual Growth Rate (CAGR) of 8.30% between 2023 and 2030. This growth is primarily driven by increasing investments in the consumer electronics sector. Major participants in this market include SAMSUNG, ASUSTek Computer Inc., Huawei Device Co. Ltd., LG Electronics, Phillips N.V., Lenovo, Japan Display Inc., ViewSonic Corporation, OPPO, and Gionee.
According to the research report “Global Quad High Definition Devices Market” published by Reports Insights, the market was valued at USD 11,119.32 Million in 2022 and is expected to surpass USD 20,510.00 Million by 2030, exhibiting a CAGR of 8.30%.
Quad High Definition (QHD) refers to a resolution standard with a 16:9 aspect ratio and measures 2560 x 1440 pixels. This resolution is utilized in a wide range of products, including television sets, monitors, smartphones, computers, automotive displays, and more.
The increasing demand for enhanced visual experiences and high-resolution displays is fueling the adoption of Quad High Definition Devices. Consumers are seeking immersive and vibrant visuals across various devices, driving the market growth. Additionally, advancements in display technologies and the growing popularity of multimedia content contribute to the rising demand for QHD devices.
The market’s positive trajectory indicates substantial opportunities for manufacturers and stakeholders in the Quad High Definition Devices segment. With continuous advancements in technology and the expansion of the consumer electronics industry, the market is expected to flourish in the coming years.