Besides its main focus on competitive sports, the Olympics also offer an opportunity to boost the host nation's technology. Back in 1964 when Tokyo hosted its first Summer Games, color-TV sets were growing in popularity and eventually became a standard fixture in Japanese homes.

Now as the nation gets ready to host the sports extravaganza again in 2020, it is trying to once again bring about a revolution in broadcasting, as both public and private sectors team up to introduce "made in Japan" 8K resolution imaging technology.

However, amid the current trend of declining TV viewers, how much of an impact will the technology have on society?