Global Blu-Ray Media and Devices Market to Grow at a CAGR of 3.17% During Forecast 2016-2020
Blu-ray discs (BD) use a blue-violet laser, which has a shorter wavelength than the red laser used in DVDs. This allows these discs to store a large amount of data more accurately in a relatively limited space. The global DVD market has reached saturation due to an increased purchase by numerous households. The penetration of Blu-ray technology is rapidly increasing in developing countries due to growing awareness of the technology.
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