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Recordable Optical Disc Market– Blu-Ray Disc is to be Reckoned with New Technologies due to Demand from Media and Entertainment

10-23-2017 04:47 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
The recordable optical disc market finds wide applications of products such as CDs, DVDs and Blu-ray discs, catering to large data storage requirements across numerous industries & markets. These include Healthcare, Media & Entertainment, Education and others (BFSI, Manufacturing, etc.).

Globally, demand for optical discs is declining at a rapid rate as a result of rapid adoption of new technologies such as cloud storage, Internet of Things (IoT) and Video on Demand (VOD).

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https://www.futuremarketinsights.com/reports/recordable-optical-disc-market

The global recordable optical disc market is expected to exhibit negative CAGR during the forecast period (2015-2025). A significant trend observed in the recordable optical disc market is the focus towards investment on research and development by key players, to introduce advanced and innovative optical discs, specifically to store large amount of data for long duration.

Key driving factors identified in the recordable optical disc market include increasing consumer inclination towards recording HD broadcasts and growing demand for content protection.

The global recordable optical disc market is segmented on the basis of various product types as follows: CD, DVD and Blu-ray disc (BD). The DVD segment accounted for highest share of the global recordable optical disc market in 2014, and is expected to hold a significant share over the forecast period.

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https://www.futuremarketinsights.com/reports/sample/rep-gb-691

The recordable optical disc market includes seven major regions, namely North America, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, Eastern Europe, Latin America and Middle East & Africa (MEA). North America dominated the market with over 41.4% share in the overall recordable optical disc market in 2014.

Key players in the global recordable optical disc market include Sony Corporation, Fujifilm Holdings Corporation, Taiyo Yuden Co., Ltd., Hitachi Maxell Ltd., Imation Corp., CMC Magnetics Corporation, RITEK Corporation, Moser Baer India Limited, Falcon Technologies International L.L.C. and Singulus Technologies.

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https://www.futuremarketinsights.com/reports/recordable-optical-disc-market/toc

About Us

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

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Future Market Insights
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T: +1-347-918-3531
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Email:sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

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