High dynamic range (HDR) is making rapid progress in replacing legacy standard dynamic range (SDR) as the next generation of TVs, streaming services and broadcast technologies enter the market. HDR is already a mainstream element in the development of episodic and cinematic productions. Significant new developments in the conversion of SDR content libraries to HDR along with the distribution of live broadcasts –especially sports – are opening new frontiers of opportunity for the industry. According to Allied Market Research, the high dynamic range market is projected to reach $126.74 billion (US) by 2030.
Source: Leveraging emerging HDR technologies for streaming and broadcast content – TVBEurope