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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.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by type
PART 07: Market attractiveness by type
PART 08: Market Segmentation by media
PART 09: Market attractiveness by media
PART 10: Market segmentation offline media rentals
PART 11: Market attractiveness by offline media rental
PART 12: Market segmentation by online media rentals
PART 13: Market attractiveness by type
PART 14: Buying criteria
PART 15: Market drivers
PART 16: Impact of drivers
PART 17: Market challenges
PART 18: Impact of drivers and challenges
PART 19: Market trends
PART 20: Vendor landscape
PART 21: Appendix
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