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Research and Markets - Global Blu-ray Media & Devices Market Growth of 3.17% CAGR by 2020 - Analysis, Technologies & Forecasts Report 2016-2020 - Key Vendors: Moser Baer, Panasonic, RitekDUBLIN, June 28, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Blu-ray Media and Devices Market 2016-2020" report to their offering. The global Blu-ray media and devices market is forecast to grow at a CAGR of 3.17% during the period 2016-2020. Questions Answered:
Commenting on the report, an analyst from the research team said: The online segment is experiencing growth owing to an increasing internet penetration. A growing number of the population are becoming tech savvy and are venturing into the online sector. One of the major innovations is increased cloud storage capacity, which allows vendors to upload more high-quality Blu-ray content. On an average, Blu-ray videos consume 12 times more storage space compared to the traditional DVD quality. Therefore, increasing the available cloud storage spac will only raise customer retention levels and profit margins. According to the report, due to technological obsolescence, the price of existing technology will depreciate in the future, making it an affordable option for a large population. The early adopters of the technology are upgrading to the latest Blu-ray technology. This has increased the sales of previous technologies, thus, decreasing the average selling price of the product. Further, the report states that free internet television services are offered to subscribers in multiple regions through a public network. The availability of free internet television services is directly hindering revenue of paid services, thus, hindering the Blu-ray market. Companies Mentioned:
Report Structure: Media Contact: Research and Markets 
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