- The key vendors in the global digital cinema screen market 2015-2019 are Barco N.V, Christie Digital Systems, Doremi Labs, NEC Corp., Qube Cinema Inc., and Sony Pictures Entertainment.
London, 15 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global digital cinema screen market 2015-2019. The advent of 3D movies is an interesting trend observed in this market. Digital cinema refers to digital technology that is used to distribute or project motion pictures. Digital content is generally in the form of bits and, hence, a movie can be distributed using hard drives, dedicated satellite links, the Internet, or optical disks such as Blu-ray. This market is expected to grow at a CAGR of 10.80% during the period of 2014-2019.
In digital cinema, digital projectors are used instead of conventional film projectors to project movies. The rapid digitization of the global digital cinema screen market is a major factor that augments growth in this market. Additional factors like the advent of 3D movies, ease of distribution, and consistent picture quality augment the prospects of growth in this market.
“Digitization has grown rapidly from 15% in 2009 to 87% in 2014. The market has also seen the emergence of 4D and 5D cinemas. However, the market for 4D and 5D is significantly small. However, 2D and 3D cinemas are gaining in popularity, putting an end to 35 mm celluloid screens,” says Faisal Ghaus, Vice President of Technavio Research.
“The use of 2D screens is declining rapidly, and 4D and 5D technologies are yet to be adopted by mainstream cinema as they are currently being used for only short length movies.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
