The following companies as the key players in the Global Media And Entertainment Storage Market: Amazon Web Services, Dell EMC, IBM, Microsoft, and Toshiba.
Other Prominent Vendors in the market are: Avere Systems, Cisco Systems, D-Link, Hitachi Data Systems, Hewlett Packard Enterprise, Lenovo Group, NetApp, Nutanix, Seagate Technology, Spectra Logic, and Western Digital.
This report covers the present scenario and the growth prospects of the Global Media And Entertainment Storage Market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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One trend in the market is high broadcasting cost.
Despite the superior attributes of 4K2K TVs, producing a 4K UHD channel requires substantial investment. For instance, the cost incurred by broadcasters to develop a 4K UHD channel ranges from $9 million-$16 million, which is approximately five times the cost of developing an HD channel.”
About Media and Entertainment Storage
In the media and entertainment industry, storage solutions help in managing, storing, and providing easy access to the growing libraries of media content. The solutions cater to distribution channels, media formats, and consumption models.
The market consists of segments that include film, print, radio, and television. These segments also include book, magazines, movies, music, news, newspapers, TV and radio shows, and social networks.
According to the report, one driver in the market is growing shift from traditional to digital advertising channels. There has been a shift in preference from the traditional medium of advertising to digital medium because of the effectiveness of the digital medium that allows the posts and advertisements to be viewed without any constraints on locations.
This is possible as the storage solutions used by the advertisers allow individuals to watch ads at any time. Traditional ads through print media have a lower brand recall, as they turn less effective with the passage of time.
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This report, Global Media and Entertainment Storage Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
Further, the report states that one challenge in the market is threat to data security. Broadcasters are one of the major end-users and the largest revenue contributors in the media and entertainment storage market.
The music streaming industry is largely dependent on digital networks and the Internet, which are prone to data security and licensing issues. The streaming service providers are concerned about the misuse of digital rights during streaming since vulnerabilities, such as human error or data breach, can lead to the disclosure of confidential information.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Market driver
- Growing shift from traditional to digital advertising channels
- For a full, detailed list, view our report
Market challenge
- Threat to data security
- For a full, detailed list, view our report
Market trend
- High broadcasting cost
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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