TechNavio recognizes the following companies as the key players in the Global Digital Cinema Screen Market: Barco N.V., Sony Corp., Doremi Labs Inc., and NEC Corp.
Commenting on the report, an analyst from TechNavio’s team said: “In recent years, with the introduction of digital cinema technology, the distribution of movies has changed. Currently, digital movies are being distributed on portable hard disks instead of on bulky 35mm film reel. The latest trend being witnessed in this market is the distribution of movies electronically. This is achieved with the help of a satellite and a server set up in the theater. The movie is transmitted via the internet via the satellite to the server at the theater using a secure network connection. This kind of distribution helps prevent piracy and allows instant distribution to various locations simultaneously. The electronic distribution of movies also helps in meeting unexpected demand, for instance when the movie needs to be screened on more screens than initially planned. Thus, the electronic distribution of movies is a recent trend being witnessed in the market.”
According to the report, the increased cost benefit to film producers is one of the main drivers in this market. With the help of digital cinema, distribution costs, duplication costs, labor costs, and storage costs can be reduced. This cost reduction has motivated moviemakers to make digital movies.
Further, the report states that one of the main challenges hindering the growth of this market is the initial high cost involved in the digitization of theaters. This initial cost is restricting theaters from opting for digital screen.
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. For further information on this report, please visit https://www.technavio.com/report/global-digital-cinema-screen-market-2012…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Digital Cinema Screen Market 2012-2016
