Global Blu-Ray Media and Devices Market 2016-2020

Global Blu-ray media and devices market overview

Technavio’s market research analysts have predicted the global Blu-ray media and devices market to experience steady growth at a CAGR of more than 3% during the forecast period. The rising popularity of online rental services is one of the key factors driving the Blu-ray media and devices market growth. With the emergence of online rental services like EST  and subscription-based models, the Blu-ray media and devices market has a positive outlook in the coming years. The losses incurred by the declining sales of Blu-ray devices have been compensated with the increasing popularity of Blu-ray media online. This recent shift in preference to rent media online rather than going to a store is expected to propel the growth prospects of the Blu-ray media and devices market until the end of 2020.

The online media segment is experiencing growth owing to increasing penetration and the advantages of cloud storage. With new-age innovations like cloud storage, vendors can easily upload more high-quality Blu-ray content on the web. Blu-ray video consumes 12 times more storage space compared to conventional DVD media. Therefore, it is easier for the vendors to upload the content on the cloud, rather than in DVDs. Thus, increasing cloud storage space will help the vendors raise customer retention levels and profit margins in the next five years.

Segmentation by type and the Blu-ray media and devices market analysis

• Devices
• Media

During 2015, the Blu-ray media segment dominated the market, and it is expected to reach close to USD 16 billion by 2020, according to the  Blu-ray media and devices market forecast report.  The changing lifestyles of consumers in developed countries has increased the access to Blu-ray media content. Additionally, an increasing number of movie production houses are releasing movies in Blu-ray format, and the high adoption of HDTVs has led to an augmented demand for high-quality media, which will positively affect this market segment during the forecast period.

Segmentation by media and the Blu-ray media and devices market analysis

• Digital media
• Retail
• Offline rental

The digital segment dominated the global Blu-ray media market and is expected to continue its influence over the forecast period. This segment is expected to account for more than 78% of the market share by 2020. With an increasing number of people adopting online services, this segment has a positive outlook in the coming years.

Competitive landscape and key vendors

The global Blu-ray media and devices market is highly competitive with the presence of well-established global players. Though the market is consolidated with major providers, a few vendors in Asia pose a significant challenge to the leading vendors in the market.

 Key vendors in this market are -

• Moser Baer
• Panasonic
• Ritek
• Sony

Other prominent vendors analyzed in this market research report are Falcon Technologies International, Hitachi Maxwell, Hulu, Lions Gate Entertainment, Netflix, Sharp, Taiyo Yuden, TDK, and Umedisc.

 Key questions answered in the report include

• What will the Blu-ray media and devices market size and the growth rate be in 2020?
• What are the key factors driving the global Blu-ray media and devices market?
• What are the key Blu-ray media and devices market trends impacting the growth?
• What are the challenges to the  blu-ray media and devices market growth?
• Who are the key vendors in the global Blu-ray media and devices market?
• What are the market opportunities and threats faced by the vendors in the global Blu-ray media and devices market?
• Trending factors influencing the Blu-ray media and devices market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global Blu-ray media and devices market?

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