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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...
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