Connect with us

Hi, what are you looking for?

New Products

Digital Audio Player Market is Booming

In-Stat Reports Booming Digital Audio Player Market Tops $4.5 Billion

SCOTTSDALE, Ariz.,June 21, 2005 — The exploding market for both hard disk drive and Flash-based portable audio players is expected to reach more than 104 million units by 2009, up from 27.8 million units in 2004, reports In-Stat (http://www.in-stat.com). Drivers for this booming market include falling prices, the availability of legitimate subscription and pay-per-download online music sites, smaller hard disk drives and increasing Flash memory capacities.

“As competition heats up, vendors are striving to differentiate products by offering a wide range of price points, memory capacities and features,” said Stephanie Guza, In-Stat analyst. “As a result, we are seeing increased segmentation. For example, the hard disk drive (HDD) digital audio player segment can be subdivided into two categories: the 1-inch or smaller segment and the 1.8-inch segment.”

A recent report by In-Stat found the following:

— Revenue for both HDD and Flash-based MP3 players reached approximately $4.5 billion, a remarkable increase of almost 200% over 2003.

— Apple is the leader in worldwide portable audio players with 30.2% of the combined HDD and Flash-based portable audio player market.

Advertisement. Scroll to continue reading.

— Other leading vendors include Rio, iRiver and Creative.

— In-Stat expects that 1GB capacity or greater Flash MP3 players will represent just over 20% of all Flash-based MP3 player shipments worldwide by the end of this year.

— Consumer survey data shows that the percentage of U.S. respondents owning a digital audio player has increased from 16% in 2001 to 25% in 2005.

The report, “Portable Digital Audio Players: Moving to the Beat of a Booming Market” (#IN0502148ID), 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.

For more information on this report, please visit: http://www.instat.com/catalog/Ccatalogue.asp?id=162 or contact Courtney McEuen at 480-483-4454 or cmceuen@reedbusiness.com. The report price is $3,295.

About In-Stat
In-Stat (http://www.in-stat.com) is the leading provider of actionable research, assessments and market forecasts of semiconductors and advanced communications equipment and services. Our forecasts, analysis, and insights are derived from both a deep technology understanding and a unique research methodology, which examines each segment of the value chain for each market. Technology vendors, service providers, technology professionals and market specialists, worldwide, rely on In-Stat’s tenured, experienced staff and in-depth research to support critical technology, product and success decisions.

Advertisement. Scroll to continue reading.

In-Stat is a strategic segment of the $8 billion Reed Elsevier global information network, with access to an expansive worldwide electronic network, extensive technology databases and well-informed personnel. In-Stat analysts gain exceptional insight into geographic marketplaces and specific technologies within markets such as electronics, cable and wireless. As a member of Reed Business Information, In-Stat is a division of the largest business-to-business publisher in the United States.

digital audio player Reviews

From Critics Around the Web

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Our Reviews

Reviews

BDI sets a high bar with another modern media console designed to conceal all your electronics and a sound bar in an elegant ventilated...

Reviews

Nobody needs to be reminded that the past four months have taken a toll on our collective psyches; being quarantined for months in New...

LG Electronics

The LG Tone Free Earbuds with Meridian technology include a unique UV-light disinfecting wireless charging case and are undeniably better sounding than AirPods.

LG Electronics

A go-anywhere portable wireless speaker with multi color lighting effects that leaps to the top of its class thanks to Meridian Audio technology.

Computers

Rock solid adjustable motorized standing desk that raises or lowers at the touch of a button. Budget priced at only $379.

Master & Dynamic

The Master & Dynamic MW07 Go ($199) is probably a better pick for most people, however the MW07 Plus ($299) has better sound quality...

You May Also Like

Apple

Apple's most affordable iPad gets a huge performance boost while maintaining its $329 entry price.

Apple

The lower priced Apple Watch SE mixes old and new technology to bring the starting price down to $279 for those that don't need...

Apple

Sixth generation Apple Watch is the one with the Blood Oxygen sensor. It keeps the same design as its predecessor, yet packs in new...

Reviews

BDI sets a high bar with another modern media console designed to conceal all your electronics and a sound bar in an elegant ventilated...

Advertisement

ecoustics is the unbiased resource for the latest technology news, coolest gadgets, and best consumer electronics. Plus get product reviews, roundups and deals from all over the web on everything electronic. Read more



Copyright © 1999-2020 ecoustics | Disclaimer: ecoustics may earn a commission when you buy through links on our site.