Recordable Optical Disc Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
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Recordable Optical Disc Market: Overview
Recordable optical discs are commonly used for data storage and retrieval purposes. These discs came up with a breakthrough technology to store data on magnetic discs and provided efficient results in comparison to the traditional magnetic tape and floppy disks. Recordable optical discs are laser based optical recording discs. The laser light is used to change the reflectivity of the optical disc and eliminate data duplicity.
Recordable optical disc market is segmented on the basis of recording modes, disc type, capacity and end-users. The recording modes of optical discs is further classified as Disc At Once (DAO), Track At Once (TAO), Session At Once (SAO) and packet writing. DAO recording technology is suitable for writing disc at one go and is usually preferred for duplication of optical disc. This technology is basically used in DVDs. TAO recording mode is used for writing the individual tracks on the disc and mostly preferred in writing data and audio into CDs/DVDs at the same time.
SAO allows multiple sessions to finalize the recorded data on the disc. SAO mode is preferred for optical disc used in computer drives. SAO recording mode is avoided for the disc which contains audio data. Packet writing allows recordable optical discs to be used in similar fashion to the floppy disk and is preferable for both recordable and re-recordable discs.
Recordable Optical Disc Market: Segmentation
On the basis of disc type, the market is segmented as CDs, DVDs and Blue-ray discs. Also, on the basis of capacity, recordable optical disc market is further segmented into three categories, viz. less than 5 GB storage, between 5 GB & 10 GB and higher than 10 GB. The recordable optical disc market is segmented on the basis of end-users as media and entertainment industries, education institutes, healthcare centers and others (manufacturing industries and general purposes).
Recordable Optical Disc Market: Drivers, Restraints, and Trends
The latest developments in the optical disc and increasing demand for archived solutions is expected to the drive the recordable optical disc market. The recently developed UV optical disc provides data storage over 100 GB and is expected to lead in its adoption for commercial data storage purposes. Similarly, media and entertainment industries are largely dependent on recordable optical discs to commercialize and archive their audio/video data. Further, evolution of holographic data storage technologies in recordable optical disc that stores data in a three-dimensional code and provides high-rate of security may lead to its adoption in near future.
However, rising adoption of cloud based data storage services and ease of accessibility, portability and large data capacities (in TBs) provided by flash drives and hard disc drives (HDD) are the key factors which are restraining the recordable optical disc market. The rising trend of Internet of Things (IoT) is further expected to curb the market growth.
Securing data from malicious programmers/hackers is one of the major data threat which is rising globally. By developing more efficient and effective recordable optical disc which provide high data security with easy portability can be foreseen as the market opportunity. The emerging optical disc storage technologies such as 3D optical storage disc is anticipated to drive the recordable optical disc market in the future years.
Recordable Optical Disc Market: Key Players
Some the major companies involved in manufacturing of recordable optical disc are Sony Corporation, Fujifilm Holdings Corporation, Samsung Electronics Co., Ltd., Moser Baer India Ltd., Taiyo Yuden Co., Ltd., Falcon Technologies International L.L.C. and Hitachi Maxell Ltd.
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