|[October 25, 2013]
Research and Markets: Global Digital Cinema Screen Market 2012-2016: Read the Key Trends and Challenges
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/nqvvq5/global_digital)
has announced the addition of the "Global
Digital Cinema Screen Market 2012-2016" report to their
The analysts forecast the Global Digital Cinema Screen market to grow at
a CAGR of 11.45 percent over the period 2012-2016. One of the key
factors contributing to this market growth is the cost reduction and
benefits for film producers. The Global Digital Cinema Screen market has
also been witnessing the electronic distribution of movies. However, the
high initial cost could pose a challenge to the growth of this market.
The key vendors dominating this market space are Barco N.V., Doremi Labs
Inc., NEC (News - Alert) Corp., and Sony Corp.
Othervendors mentioned in the report are Christie Digital Systems Inc.,
GDC Technology Ltd., and Qube Cinema Inc.
Commenting on the report, an analyst from the 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
For more information visit http://www.researchandmarkets.com/research/nqvvq5/global_digital
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