[February 22, 2018]

Global Blu-ray Media and Players Market Forecast to 2023: Alternate Streaming Media Devices and OTT Services will Challenge Blu-ray Technology, While 4K/HDR are Growth Drivers - ResearchAndMarkets.com

The "Global Blu-ray Media and Players Market, Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

While physical discs remain a key revenue generator in the home entertainment business, the growing revenue from digital services and the rise of download and over-the-top (OTT) streaming services such as iTunes and Netflix have negatively impacted physical disc sales in the last 4-5 years. Therefore, an overall gradual decline in disc sales through the forecast period is expected.

Unit shipments for the global Blu-ray players market are expected to decrease from 72.1 million in 2017 to 68.0 million in 2023, at a compound annual growth rate (CAGR) of -1.0%. Unit shipments for the global Blu-ray media market are expected to decrease from 595.0 million in 2017 to 516.0 million in 2023, at a compound annual growth rate (CAGR) of -2.3%.

The rapid growth in subscribers of OTT services, and on-demand 4K and 1080p content streamed directly from the cloud, has led to the rapid rise of services like Netflix, Amazon, HBO, and Hulu (News - Alert). Simultaneously, the intense bandwidth requirements of 4K contentformats are unable to replicate the smooth and seamless playback of 4K UHD titles.

Therefore, physical Blu-ray discs are still considered one of the best options for enjoying HD content that also supports HDR (News - Alert) and Dolby surround sound. The majority of consumers, especially in the developed markets, are increasingly turning to UHD Blu-ray players to access movie and TV show content. To meet this demand, over 250 UHD titles were released in 2017 alone.

Key Issues Addressed

• Will the market continue to decline at its present rate over the forecast period?
• Where does Blu-ray technology stand today? What are the primary challenges faced by vendors addressing this market? What are the drivers and restraints for growth in this market?
• What does the current competitive landscape look like? Will there be further consolidation over the next 4-5 years?
• Is the market attractive for mergers and acquisitions? What are the revenue breakups by geographical regions - North America / EMEA / Asia-Pacific / Latin America? Which are the fastest growing?

Key Topics Covered:

1. Executive Summary

2. Introduction

3. External Challenges: Drivers And Restraints - Blu-Ray Media And Players Market

4. Blu-Ray Players Segment

5. Blu-Ray Media Segment

6. Growth Opportunities And Companies To Action

7. The Last Word

8. Appendix

Companies Mentioned

• LG
• Panasonic (News - Alert)
• Samsung
• Sonopres (Arvato)
• Sony
• Sony DADC
• Technicolor
• Netflix
• iTunes
• Amazon
• HBO
• Hulu

For more information about this report visit https://www.researchandmarkets.com/research/j9xcv8/global_bluray?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180222005696/en/

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