High Dynamic Range Market to Witness Robust Expansion throughout the Forecast 2022-2032
Market Overview
The High Dynamic Range Market revenues were estimated at US$ 17.2 billion in 2022 and are anticipated to grow at a CAGR of 16.5% from 2023 to 2032, according to a recently published Persistence Market Research (PMR) report. By the end of 2032, the market is expected to reach a valuation of US$ 93.3 billion.
Capturing devices segment is likely to dominate the high dynamic range market with a projected CAGR of 16.4% from 2023 to 2032. In recent years, the entertainment industry has been at the forefront of implementing HDR technology. The demand for high dynamic range equipment surged dramatically between 2017 and 2021, and it is predicted to climb even more between 2022 and 2032.
The high dynamic range industry deals with the designing, production, and sale of high dynamic ...