Reports by Industry
Reports by Company
- Company Analysis(173)
- Company Profile(60)
Video-Enabled MP3: GenNext Technology
Jul 04, 2006
GenNext seems to be more enthusiastic for sophisticated & miniature products. The current fervor will result in a favorable growth in the sales of hi-fi devices such as video enabled MP3 players. Reduced prices, enhanced flash memory capacity and accessibility to digital music will further stimulate this growth. It’s anticipated that the worldwide sales of portable digital media devices such as MP3 players & PMPs shall rise 24%, making it to $27.9Mn by the end of 2006.
Market for flash based and HDD (Hard Disk Drive) based players will jump to $289Mn towards the year 2010, whereas it was just 142Mn in 2005. HDD based or MP3 models will continue to evolve as multimedia entertainment devices, equipped with audio/video and imaging playback.
RNCOS, a leading market research and analysis firm, in its recently published market research report named, “Portable Electronics Market - Worldwide (2006)” has provided the following information:
- With ten-percentage points increase, the household penetration rate of portable media devices grew by 25.3% in January 2006, while it was just 16% for the same period in 2005.
- There was a strong growth registered in the sales of MP3 players in 2005, with Asian markets being the center of it.
- Apple is the dominant player in the world market for MP3, while its competitors are still facing problems such as constrained supply of flash memory.
- Penetration rate among online adults has jumped to 55Mn people, with 27.8% & 13% of them owning MP3 players and PMPs, respectively.
About the report
Covering all aspects of world portable electronics market, this report provides discussion about the current developments in the industry. Influences of various government policies and reforms on this sector are also included in it. Listing the profiles of key players in this sector, the report also analyzes various strategies adopted by them for the growth of the industry. While outlining the challenges and opportunities before the industry, it also looks at the future prospects of the industry. This report is intended for all of the individuals and organizations having interest in the portable electronic market across the globe.
For more information visit: http://www.rncos.com/Report/IM044.htm
Related Releases are as follows:
- Entry of Multinational Air Purifier Brands is Propelling the Industry in the Country
- Rising Air Pollution in India is Propelling the Air Purifier Industry
- Indian Air Purifier Filter Market Analysis and Forecast 2022
- New Entrants Driving the Air Purifier Industry
- New Entrants Driving the Air Purifier Industry
Media Citation
- testtest
19 Jan, 2024 - Yourstory.com News @ Foodtech startup Swiggy launches Health Hub in Chennai
23 Mar, 2021 - Yourstory.com News @ Zomato forays into dietary supplements, makes its own 'made in India' brand
16 Mar, 2021 - View more
get in touch
Copyright © 2014, RNCOS, 2002-2014
About Us
Terms & Policy
Contact