- The key vendors in the global digital media adaptor market 2015-2019 are Apple Inc., Archos SA, Cisco Systems Inc., Netgear Inc., Roku GmbH, Western Digital Corp. and ZyXEL Communications Inc.
London, 16 July 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global digital media adaptor market 2015-2019. One of the latest trends in the market is the integration of the digital media adaptor with the smart TV and the media player. Instead of a separate media adaptor, the media adaptor is integrated into the smart TV, which allows the TV to directly connect to the Internet, stream media, and access subscribed content. The global digital media adaptor market 2015-2019 is expected to grow at a CAGR of 5.47% during the forecast period of 2014-2019.
With technological advancements such as over the top (OTT) streaming and recording option, the demand for digital media adaptors is expected to increase during the forecast period. Moreover, with the growing number of smart homes, there is an increase in the need to share media content among various devices across a common network. This can be facilitated by a digital media adaptor as it allows interoperability and interconnection between the various connected devices.
Moreover, the growing economy and the increased purchasing power of consumers have encouraged vendors to capture untapped markets in China and India. As these developing countries have a high population, there is a good opportunity for digital media adaptor vendors to expand their reach and capture market share.
“As part of their exploration of new technology and revenue streams, operators are now trying to integrate OTT into digital media adaptors as OTT services require a media adaptor to deliver content to TVs and smart devices,” says Faisal Ghaus, Vice President of Technavio Research.
“OTT apps such as Hulu Plus and Netflix are becoming more popular than TV Everywhere apps. Some of the big players in this market are Apple HLS, Google WebM, and Microsoft Silverlight Smooth Streaming.”
https://www.technavio.com/%3Cp%3ETo%20define%20the%20market%20conditions%…
