Driven by increased broadband penetration, declining prices, and a growing catalogue of online audio and video content, the market for MP3 players and portable media players (PMPs) will remain strong over the next five years, reports In-Stat . Nevertheless, the main reason consumers are purchasing portable MP3 players and video-capable PMPs today is for the devices’ audio playback capability, the high-tech market research firm says.

“Only 11 per cent of survey respondents say they will purchase a PMP primarily for its video playback function,” says Stephanie Ethier, In-Stat analyst. “Still, the cost of incorporating video into portable devices continues to decline. As a result, In-Stat expects shipment growth of video-enabled PMPs to outpace that of audio-only MP3 players by the end of 2008.”

Other posts by :

1. Xona Space wants 259 LEO satellites
2. 36 major airlines now committed to Starlink
3. Quilty: Top 5 Washington Satellite show takeaways
4. Space Wars: Starlink vs Amazon Leo
5. Eutelsat seeks ISRO deal for launches
6. Virgin Galactic sets prices for space tourists
7. Devas vs Antrix rumbles on
8. Shotwell makes TIME front cover
9. Suitors eye Globalstar

Categories: In Home, Research, Research Library