Market Overview:
The global recordable and rewritable optical discs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data storage, rising trend of cloud-based storage, and growing adoption of digital content among consumers. In terms of type, the recordable optical discs segment is expected to hold a larger share than the rewritable optical discs segment during the forecast period.
Product Definition:
A recordable optical disc (CD-R, DVD±RW, BD-RE) is an optical disc that can be written to once and read from multiple times. A rewritable optical disc (CD-RW, DVD±RW, BD-RE) is an optical disc that can be rewritten to multiple times.
Recordable:
The rewritable optical discs market is expected to grow at a CAGR of XX% from 2016 to 2024. The growth can be attributed to the increasing demand for data storage, high-speed internet connectivity and rising consumer electronics industry across the globe.
Rewritable:
The rewritable optical discs are used to store data and programs, which can be accessed by the computer. The CD-Rs and DVD-Rs come with a prerecorded program that can be recorded over to create a backup copy of the original disc. Rewritable optical discs have no limit on the number of times they can be used; however, once the information is written onto it, there is no way to change or edit it.
Application Insights:
The commercial segment dominated the global recordable and rewriteable optical discs market in 2017, accounting for more than 60.0% share of the overall revenue. The growth can be attributed to increasing data storage requirements across various applications such as digital cameras, camcorders, smartphones and tablets coupled with growing demand for Blu-Ray Discs in computers and gaming consoles.
The consumer segment is expected to witness significant growth over the forecast period owing to rising adoption of high-tech products such as smartphones with Optical Image stabilization (OIS) features that enable users take clear videos and photos even in low light conditions. Furthermore, consumers are also increasingly adopting Rewritable (ReWrited (Rw) or rewritable) discs due to their cost-effectiveness along with convenience offered by not requiring any additional hardware device other than a computer or laptop supporting CD/DVD drive functionality.
Regional Analysis:
North America dominated the global recordable andrew Rewritable optical discs market in 2016 with a revenue share of over 35%. The region is expected to maintain its dominance over the forecast period. This growth can be attributed to factors such as increasing penetration of high-speed internet services, rapid technological advancements, growing consumer preference for digital content delivery and rising adoption of cloud storage systems.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to increasing demand from developing countries such as China and India. These countries are witnessing an increase in disposable income along with rising adoption of advanced technologies which includes rewritable optical media. Furthermore, Japan has been one of the major markets for these products due to its aging population that requires long term recording solutions for data retention purposes.
Growth Factors:
- Increasing demand for data storage: The global data storage market is expected to grow at a CAGR of 6.5% from 2016 to 2020. This is primarily due to the increasing volume of digital data being generated every day. With the growth of big data and IoT, the need for efficient and reliable storage solutions is only going to increase in the coming years. Optical discs offer a high capacity-to-cost ratio as compared to other storage media such as hard drives, making them an attractive option for businesses and consumers alike.
- Proliferation of optical disc drives: Optical disc drives are becoming increasingly common in laptops, desktops, and other consumer electronics devices due to their low cost and high performance characteristics. This is helping drive demand for recordable/rewritable optical discs as well.
Scope Of The Report
Report Attributes
Report Details
Report Title
Recordable and Rewritable Optical Discs Market Research Report
By Type
Recordable, Rewritable
By Application
Consumer, Commercial
By Companies
RITEK Group, Sony, Unis, Philips, CMC Magnetics, Verbatim
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Recordable and Rewritable Optical Discs Market Report Segments:
The global Recordable and Rewritable Optical Discs market is segmented on the basis of:
Types
Recordable, Rewritable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- RITEK Group
- Sony
- Unis
- Philips
- CMC Magnetics
- Verbatim
Highlights of The Recordable and Rewritable Optical Discs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Recordable
- Rewritable
- By Application:
- Consumer
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Recordable and Rewritable Optical Discs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Recordable and Rewritable Optical Discs are optical discs that can be written to or read from multiple times. This allows users to create backups of their data, as well as share files with others easily.
Some of the major players in the recordable and rewritable optical discs market are RITEK Group, Sony, Unis, Philips, CMC Magnetics, Verbatim.
The recordable and rewritable optical discs market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recordable and Rewritable Optical Discs Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Recordable and Rewritable Optical Discs Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recordable and Rewritable Optical Discs Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Recordable and Rewritable Optical Discs Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Recordable and Rewritable Optical Discs Market Size & Forecast, 2020-2028
4.5.1 Recordable and Rewritable Optical Discs Market Size and Y-o-Y Growth
4.5.2 Recordable and Rewritable Optical Discs Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Recordable
5.2.2 Rewritable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Consumer
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recordable and Rewritable Optical Discs Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Recordable and Rewritable Optical Discs Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Recordable
9.6.2 Rewritable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Consumer
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Recordable
10.6.2 Rewritable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Consumer
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Recordable
11.6.2 Rewritable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Consumer
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Recordable
12.6.2 Rewritable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Consumer
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Recordable
13.6.2 Rewritable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Consumer
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Recordable and Rewritable Optical Discs Market: Competitive Dashboard
14.2 Global Recordable and Rewritable Optical Discs Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 RITEK Group
14.3.2 Sony
14.3.3 Unis
14.3.4 Philips
14.3.5 CMC Magnetics
14.3.6 Verbatim
