Global Blu-ray Media and Devices Market 2022 Growth, COVID Impact, Trends Analysis Report 2028

The blu-ray media and devices market is anticipated to grow at a CAGR of 0.9 % during the forecast period (2022-2028). The media and entertainment industries have changed dramatically in recent years. With considerable developments in display and chip technology, advanced audio/video systems, such as blu-ray media players, are gaining massive usage. The blu-ray market is expected to face tough competition from other forms of entertainment, such as online services such as streaming websites, which is expected to be the business’s largest stumbling block.  The urgent demand in the entertainment industry to improve content quality is causing big changes in the retail and electronic device segments. Furthermore, the growing integration of IT and internet technologies with media and entertainment systems is likely to expand the blu-ray media and device market’s growth during the forecast.

The global Blu-ray media and devices market is segmented based on the type and distribution channel. Based on the type, the market is sub-segmented into media and devices. Based on the distribution channel, the market is sub-segmented into online sales and offline sales. Among these segments, the media segment is expected to propel the growth of the market. For the purposes of this study, all Blu-ray content products are considered media solutions. The media sector is predicted to be driven by Blu-ray discs with capabilities such as rewritability, large capacity, fast data transfer speed, high picture quality, scratch resistance, reasonably long life, and device compatibility. Furthermore, advances in this technology have resulted in the development of new formats, such as HEVC, which has resulted in a considerable reduction in the size of blu-ray media material. These developments have enabled for the storage of even more blu-ray content on a single disc, as well as the creation of a variety of different blu-ray media products.

The major market players in the global blu-ray media and devices market are Koninklijke Philips N.V., LG Electronics Inc., Panasonic Corp., Pioneer Corp., Sharp Corp., Sony Corp., and RITEK Corp., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in May 2022, CyberLink Corp. announced the release of PowerDVD 22, the latest version of its award-winning movie and media playback software which lets users enjoy an immersive experience for movies, music, and YouTube. The software plays movies in 8K, 4K HDR Blu-ray, and a wide range of media formats across any PC, laptop, TV, tablet or phone.

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Competitive Landscape-

Koninklijke Philips N.V., LG Electronics Inc., Panasonic Corp., Pioneer Corp., Sharp Corp., Sony Corp., RITEK Corp., among others.

By Type

Media

Devices

By Distribution Channel

Online Sales

Offline Sales

 

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Scope of the Report
The research study analyzes the Global Blu-ray Media and Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Blu-ray Media and Devices Market Report
1. What was the Global Blu-ray Media and Devices Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).

  1. What will be the CAGR of Global Blu-ray Media and Devices Market during the forecast period (2022-2028)?
    3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
    4. Which manufacturer/vendor/players in the Global Blu-ray Media and Devices Market was the market leader in 2021?
    5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:

  • Proliferation and maturation of trade in the Global Blu-ray Media and Devices market.
  • The market share of the Global Blu-ray Media and Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
  • Current and future market trends that are influencing the growth opportunities and growth rate of the Global Blu-ray Media and Devices market.
  • Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Blu-ray Media and Devices market.

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