Published Date : May 09, 2016
ALBANY, New York, May 09, 2016: MarketResearchReports.biz has been a major provider of the latest market reports on the media industry. One of the newest reports to enter its collection is “Global Blu-Ray Media and Devices Market 2016-2020.” The report provides a holistic snapshot of the current scenario in the production, sales, and distribution of Blu-ray format media and the devices that support this format. In doing so, the report studies the key occurrences in the past that have influenced this market. The report also progresses into the future of the global Blu-ray media and devices market till 2020, providing the various possibilities that could happen during the forecast period.
According to the report, the global Blu-ray media and devices market will expand at a CAGR of 3.17% during the given forecast period of 2016 to 2020.
The key driver motivating the growth of the global Blu-ray media and devices market is the reduction in Blu-ray device prices. As Blu-ray gains popularity, the number of manufacturers entering this market also increase. The resulting competitive environment is conducive to development of ways to reduce the cost of manufacturing Blu-ray devices.
However, the global Blu-ray media and devices market is being hampered by the rapidly growing popularity of video streaming. The Internet is providing countless users with either paid or free video streaming services. The ease of viewing streamed media is being preferred over procuring Blu-ray players and media.
One key trend that will interest a majority of the players in the Blu-ray media and devices market is the increasing profit margins in the market for online services. Companies that offer online Blu-ray services are being preferred over time and therefore their profit margins can be extended as well.
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The report’s geographical reports of the global Blu-ray media and devices market is conducted over three major regions: Asia Pacific, Europe and the Middle East, and the Americas. Each region is projected through descriptive analyses on various segments, including the segments according to digital media, retail, online and offline consumptions, subscriptions, kiosks, and brick-and-mortar stores.
The key players in the global Blu-ray media and devices market, as elaborated on in the report, include Sony, Ritek, Panasonic, and Moser Baer. Each key vendor is discussed in detail with regards to their strengths and weaknesses. The report can thus provide a wider scope of understanding for its users on how to capitalize on upcoming opportunities.
Other prominent vendors profiled in the report include Umedisc, TDK, Taiyo Yuden, Sharp, Netflix, Lions Gate Entertainment, Hulu, Hitachi Maxwell, and Falcon Technologies International.
The report thus provides a comprehensive overview of the global Blu-ray media and devices market for its users, allowing them to make the right business decision and move closer towards major success.
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