Entertainment

International Media & Leisure Storage Market Is Anticipated to Attain $17.87 Billion by 2027: Says AMR

Growing popularity of 4K UHD content, increasing demand for the creation, distribution and conversion of video content, increasing shift from traditional to digital advertising channels, rapid advances in areas such as workflow collaboration, artistic creativity and new distribution models in the media and entertainment industries and the rising Media and entertainment storage demand due to COVID-19 pandemic is driving growth in global media and entertainment storage market.

Portland, OR, June 23, 2021 (GLOBE NEWSWIRE) – According to the report released by Allied Market Research, the global Media and entertainment storage market was set at $ 6.63 billion in 2019 and is valued at $ 17.87 billion by 2027, recording a CAGR of 13.7 percent from 2020 to 2027. The report offers an in-depth analysis of the top investment pockets, top winning strategies, drivers, and opportunities. Market size and estimates, the competitive landscape, and changing market trends.

Growing popularity of 4K UHD content, increasing demand for the creation, distribution and conversion of video content, increasing shift from traditional to digital advertising channels, rapid advances in areas such as workflow collaboration, artistic creativity and new distribution models in the media and entertainment industries and the rising Media and entertainment storage demand due to COVID-19 pandemic is driving growth in global media and entertainment storage market. On the other hand, the high cost of media and entertainment storage solutions is somewhat inhibiting growth. However, it is expected that the increasing demand for storage requirements will open up several possibilities in the near future.

Download sample report (150 pages PDF with insights) from

https://www.alliedmarketresearch.com/request-sample/9107

Covid-19 scenario

  • The worldwide broadcast adapts to the interruptions in the entire content supply chain.

  • On the other hand, however, the majority of the population worldwide are arrested in their homes in order to comply with the quarantine orders. This, in turn, has led to a sharp increase in the demand for streaming services and DVR recording, which has a positive impact on the global media and entertainment storage market. This drift is likely to continue after the pandemic.

Get In-Depth COVID-19 Impact Analysis In The Media And Entertainment Storage Market:

The story goes on

https://www.alliedmarketresearch.com/request-for-customization/9107

The global media and entertainment storage market is analyzed by component, storage solution, deployment type, storage medium, end user and region. By components, the solutions segment contributed more than three-fifths of the global media and entertainment storage market share in 2019 and is expected to be the leader by 2027. The service segment, on the other hand, would have the fastest CAGR of 15.5% in the forecast period.

Based on storage solutions, the direct-attach storage segment generated more than two-fifths of global media and entertainment storage market sales in 2019 and is expected to remain dominant through the end of 2027. Network-attached storage segment would have fastest CAGR of 16.9% recorded throughout the forecast period.

In terms of the region, North America had the highest share in 2019 and generated around two-fifths of the global market for media and entertainment storage. At the same time, the Asia Pacific market would report the fastest CAGR of 18.4% from 2020 to 2027. The other provinces discussed in the report include Europe and LAMEA.

Leading market players analyzed in the global Media and Entertainment Storage Market report include Cisco Systems, Western Digital, Dell EMC, IBM, Microsoft, NetApp, Oracle, Seagate Technology, Toshiba, and Amazon Web Services. These market participants have pursued various strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their status in the industry.

For purchase request: https://www.alliedmarketresearch.com/purchase-enquiry/9107

Access AVENUE – a subscription-based library (premium-on-demand, subscription-based pricing model):

https://www.alliedmarketresearch.com/library-access

avenue is a user-based library of global market report databases that provides comprehensive reports on the world’s largest emerging markets. In addition, it offers instant e-access to all available industry reports. By providing core business information on the various industries, economies and end users worldwide, Avenue ensures that registered members have one easy and single access to their all-inclusive requirements.

Avenue Library Subscription | Request a 14-day free trial before purchasing:

https://www.alliedmarketresearch.com/avenue/trial/starter

About us:

Allied Market Research (AMR) is a full-service market research and management consulting arm of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides unmatched quality of “Market Research Reports” and “Business Intelligence Solutions” to global corporations as well as medium and small businesses. AMR provides focused business insights and advice to help clients make strategic business decisions and achieve sustainable growth in their respective market areas.

We have professional business relationships with various companies and this helps us unearth market data which will help us create accurate research data tables and confirm the highest accuracy of our market forecasts. All of the data presented in the reports we publish are extracted through primary interviews with top officials from leading companies in the domain in question. Our methodology for obtaining secondary data includes in-depth online and offline research and discussions with knowledgeable professionals and industry analysts.

CONTACT: Contact: David Correa 5933 NE Win Sivers Drive # 205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 United Kingdom: + 44-845-528-1300 Hong Kong: + 852-301-84916 India (Pune ): + 91-20-66346060 Fax: + 1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Follow us on: LinkedIn Twitter