Video Player Market Share, Major Drivers And Trends Report 2028
Video Player Market Growth & Trends The global video player market size is expected to reach USD 178.26 million by 2028, registering a CAGR of -12.6% during the forecast period, according to a new report by Grand View Research, Inc. The increasing number of other channels of entertainment such as OTT (over-the-top) platforms, and streaming websites, in developed regions, are the major restraining factors for the video player market growth. Video Player Market Segmentation Grand View Research has segmented the global video player market based on the type, distribution channel, and region: Based on the Type Insights, the market is segmented into 1080P Blu-ray Players and DVD Players. 1080P Blu-ray player type segment contributed more than 70.0% revenue share in the global video player market during 2021, due to its increasing demand for DVD players. Blu-ray discs used in Blu-ray players have better features as compared to DVDs, such as high capacity, re-writable, h...