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These standards being in consoles depends on outside factors though. Are there tv's that support them? Are they affordable for the mass market? They don't make consoles for the 1%. Fortunately 4K, HDR, 10 bit, Rec 2020 colour space standards are being introduced left and right so there's a good chance in 3-4 years time it'll be cheap and common enough in tv's for consoles to utilize in games. PS4.5 is already bringing those standards for video later this year, just seen the first UHD blurays have launched some weeks ago.