North America Leads in High Dynamic Range Market Growth

The High Dynamic Range (HDR) Market is set for substantial growth from 2022 to 2032, with an anticipated CAGR of 16.5%, increasing from an estimated US$ 17.2 billion in 2021 to US$ 93.3 billion by 2032. This surge is driven by the rising demand for enhanced visual experiences, particularly in the entertainment sector, which is projected to grow at a CAGR of 16.3%. Capturing devices will dominate the market, expected to grow at 16.4% during the same period. Regionally, North America, led by the United States, will be the key market, with sales projected to reach US$ 14.2 billion by 2032. The UK is also expected to contribute significantly, growing at a CAGR of 14.2%. Manufacturers are focusing on innovation in capturing devices and collaborations with content creators to capitalize on the growing demand for HDR content.