Blu-ray Media and Devices Market Share

Market Share of Blu-ray Media and Devices Industry

The Blu-ray Media and Devices Market is highly competitive owing to the presence of many prominent players in the market providing domestic and international products. The market appears fragmented, with few players accounting for a significant market share. The strategies major players adopt are product innovation and mergers and acquisitions to expand their product portfolio and stay ahead of the competition. Some of the major players in the market are Koninklijke Philips N.V., LG Electronics Inc., and Panasonic Corporation, among others.

• November 2022 - Samsung Launched the First Ever Ultra-HD 4K Blu-Ray Player. The Samsung UBD-K8500 is a 4K Ultra HD compatible Blu-ray player originally announced at the IFA Tech Convention 2015. Samsung is the first company to offer a UHD or 4K compatible Blu-ray player that customers can use with the recent 4K compatible TVs.
• September 2022 - Alliance Entertainment Holding Corporation ("Alliance Entertainment"), a distributor and wholesaler of music, movies, video games, electronics, arcades, and collectibles, announced today a partnership with MUBI, a distributor, streaming service, and production company. Their collaboration aims to distribute the best in cinema in theatres and on MUBI, and we will now release films in deluxe edition Blu-rays.
• May 2022 - CyberLink, a multimedia software company, has launched PowerDVD 22, the latest version of multimedia software, AI facial recognition Blu-ray, and a media player. Some of the new features in the update for playback of 8K videos, 4K HDR Blu-ray discs, DVDs, and more include a new audio algorithm that maintains pitch during slow-speed playback, tools for trimming and extracting video for conversion into smartphone-friendly formats, and TrueTheater enhancements for improving the quality of YouTube videos.
• March 2022 - Pioneer recently introduced the BDR-213JDK optical disc drive in Japan. The BDR-213JDK supports over 21 optical disc formats, including four-layer Blu-ray discs. The BDR-213JDK includes "Pure Read 3" technology, which enables smooth playback of discs with minor physical damage.

Blu-ray Media and Devices Market Leaders

1. Koninklijke Philips N.V.

2. LG Electronics Inc.

3. Panasonic Corporation

4. Pioneer Corporation

5. Sony Corporation

*Disclaimer: Major Players sorted in no particular order