According to a market report by Lucintel, the future of the global blu-ray disc market looks promising with opportunities in the residential and commercial markets. The global blu-ray disc market is expected to reach an estimated $4.12 billion by 2030 with a CAGR of 13.5% from 2024 to 2030. The major drivers for this market are high demand for high-quality video content and significantly growing gaming industry across the globe.
In this market, hardware and software are the major segments of blu-ray
disc market by component.
Lucintel forecasts that software will remain the larger segment over the
forecast period due to growing demand for the blu ray players software in the
various industries, such as entertainment, consumer electronics, automobiles
and other industries.
Within this market, commercial will remain the larger segment as it
covers distribution on physical media, such as movies and music releases, to a
wide range of consumers across both public and private sectors.
APAC is expected to witness highest growth over the forecast period due
to growing adoption of high definition televisions in the region.
Cambridge Audio, Philips, Panasonic, Sony, Ritek, Samsung, Pioneer, LG
Electronics, Sharp, and Seiki Digital are the major suppliers in the blu-ray
disc market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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