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June 22, 2005

Portable Music Player Market Is Booming

In-Stat reports that the exploding market for both hard disk drive and Flash-based portable audio players is expected to reach over 104 million units by 2009 - up from 27.8 million units in 2004 - representing a CAGR of 30.2%.

Key drivers are: falling prices, the availability of legitimate subscription and pay-per-download online music sites, smaller hard disk drives, and increasing Flash memory capacities.

The 64 page report, Portable Digital Audio Players: Moving to the Beat of a Booming Market, includes results of a consumer survey about MP3 player ownership, profiles of leading portable audio player manufacturers and suppliers, as well as forecasts for portable audio player shipments and revenue...

Posted by Todd in Hardware | Permalink

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