You cannot update after uninstalling the qualifying version. Reinstall it and try again. It is available from My Dell Downloads.Google it to find it. An update is not a new version. It simply updates the one you have. The OEM version from Dell does not usually qualify for any upgrades, just bug fixes. You can ignore the update offers and use the version that came on the computer.
I have CyberLink Media Suite Essentials preinstalled on my new Dell desktop. I tried to update my PowerDVD 12.0.3205.55 with the free update. It uninstalled my old version first, but when it tried to install the update, it gave me this error message below. Now I can't run PowerDVD, because it's been uninstalled. Now what do I do?  You do not have the required version of the program installed on your system. The installation will abort. Please contact your application provider.
Can't update Cyberlink PowerDVD 12