The Pivotal Study of Global Blu-ray Player Market – Market Synopsis, Industry Key Players, Market Tracking, Regional Forecast till 2026
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
Description:
According to the report, the global Blu-ray player market is projected to grow from USD 70 million in 2019 to USD 69 million by 2026, at a CAGR of -0.14% during this period.
Factors such as increasing demand for high quality digital entertainment, increasing urbanization, and developing growth of entertainment industry are fueling the growth of the Blu-ray player market. However, changing consumer preferences, and high initial cost are the factors expected to restrains the growth of the Blu-ray player market.
Blu-ray player is a digital optical disc data storage format. It was designed to supersede the DVD format and is establishing itself world-wide as the successor standard to DVD. It offers users many advantages in comparison to normal DVDs due to its high storage capabilities. It is capable of storing high-definition (720p and 1080p) and ultra-high definition video resolution (2160p).
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Competitive Insights
Major manufacturers profiled in the analysis report include LG, Panasonic, Samsung, Sonopres (Arvato), Sony, Sony DADC, Technicolor, NetFlix, iTunes, Hulu, Amazon, HBO, and others.
Regional Insights
The global Blu-ray player market has been segmented into North America, Latin America, Asia-Pacific, and Europe, the Middle East, and Africa. The global Blu-ray Players market is estimated to grow at a promising rate during the forecast period. The Asia-Pacific is the largest market with a proportion of 57.42%, followed by Europe and North America, accounting for 18.95% and 17.41% respectively. Asia-Pacific is estimated to show high growth owing to the increasing technological advancements, government initiatives to develop digital infrastructure and increasing disposable income of the end-users.
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Type Insights
The various product types are Deer Blu-ray Player, Aurora Blu-ray Media Player, Aiseesoft Blu-ray Player, and Other.
Application Insights
The application of the Blu-ray Player market is segmented into Commercial Appliance, Home Appliance, and Other.
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Audience
• Blu-ray player manufacturers
• Blu-ray player importers and exporters
• Small and Medium-sized Enterprises (SMEs)
• Distributors and resellers of Blu-ray player
• Blu-ray player industry associations
• Product managers, Blu-ray player industry administrator, C-level executives of the industries
• Market Research and consulting firms
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