Optical discs market is segmented by end user industries/sectors/markets such as media industry, healthcare, educational institutes and others (banking, financial services and insurance (BFSI), manufacturing industries, telecom sector, IT and transportation sectors). Globally, demand for recordable optical discs is declining at a rapid rate; however, cutting-edge innovation along with increasing awareness about data security and storage are expected to boost the demand for advanced optical discs in the near future. However, globally, increasing demand for archival solutions and positive outlook for the media and entertainment industry is expected to create significant demand for recordable optical discs in the near future.” The analyst added that major players in the recordable optical disc market are dedicated to invest into research and development (R&D) activities. This investment is majorly focused on product advancement that can be used for storing large amounts of data f...