VALLEY COTTAGE, N.Y.--(BUSINESS WIRE)--Future Market Insights (FMI) announces the release of its new market research report, titled, “Recordable Optical Disc Market: Global Industry Analysis and Opportunity Assessment 2015-2025”.
According to the report, the recordable optical disc volume, valued at 8,196 Million units in 2013, is estimated to drop to 4,224.2 Million units by 2025. FMI forecasts recordable optical disc market to witness a decremental unit opportunity of 3,635.6 Million units between 2014 and 2025.
FMI has segmented the recordable optical disc market on the basis of product into DVD, CD, and Blu-ray disc (BD). Among these, only BD is expected to witness a positive CAGR during the forecast period 2015-2025.
In terms of volume, the Blu-ray disc segment of the recordable optical disc market is expected to expand at 7.7% CAGR through 2025, reaching 2,512.8 Million units.
The key factors fuelling the demand for Blu-ray discs include increasing demand for high volume storage discs and content protection against piracy. In contrast, the demand for CDs is expected to witness a sharp decline.
FMI has also segmented the global recordable optical disc market on the basis of end users. The key end use segments include media and entertainment, healthcare, educational institutes, and ‘others’.
The demand for recordable optical discs is expected to witness a decline in each of the aforementioned end use segments. The media segment, which currently accounts for the highest demand for recordable optical discs, is expected to witness a negative CAGR of 4.3% in terms of volume during the forecast period 2015-2025.
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The key companies covered in the report include Fujifilm Holdings Corporation, Taiyo Yuden Co., Ltd., Hitachi Maxell Ltd., CMC Magnetics Corporation, Imation Corp., RITEK Corporation, Sony Corporation, Moser Baer India Limited, Falcon Technologies International L.L.C. and Singulus Technologies.
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Future Market Insights is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services. Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS.