InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,064.20
(
0.91%
)
US TECH 100
17,174.80
(
0.58%
)
Dow Jones
38,225.66
(
0.85%
)
Brent Oil
83.68
(
0.05%
)
Bitcoin
59,445.94
(
0.55%
)
Post# of 93814
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

JAD067

Send PM Follow Ignore
Followers 0
Posts 11
Boards Moderated 0
Alias Born 03/28/2001

JAD067

Member Level

Re: None

Thursday, 03/29/2001 7:22:58 AM

Thursday, March 29, 2001 7:22:58 AM

Post# of 93814
MOUNTAIN VIEW, Calif., March 28 /PRNewswire/ -- The market for MP3 and
other compressed audio players is expanding - both in terms of vendors and the
type of new, innovative devices being produced. According to IDC, worldwide
compressed audio player shipments will continue to grow at a torrid pace,
increasing at a compound annual growth rate of 51%, from 3.3 million in 2000
to nearly 26 million in 2005. Compressed audio player shipments in the United
States will follow a similar growth path, jumping to 18 million in 2005 from
2.8 million in 2000.
"The market for compressed audio players will continue to grow, and it
will grow significantly beyond devices resembling the original, portable Rio-
like units," said Susan Kevorkian, analyst for IDC's Consumer Devices program.
"Because of the cost and capacity constraints of flash memory, an increasing
number of vendors and consumers alike are turning to cheaper alternative media
to transport their music. This is opening up opportunities for more
interesting and innovative products to develop. Toward the end of the
forecast, alternative media devices will have a strong worldwide presence."

According to IDC, portable systems will continue to dominate the market.
By 2005, this segment will comprise 61% of both U.S. and worldwide compressed
audio player shipments and more than half of the worldwide market value. "New
product innovations have brought exciting changes in storage capacity and
functionality," said Bryan Ma, senior analyst for IDC's Consumer Devices
program. "By 2004, we expect portable hard-drive-based jukeboxes to outship
basic portables. In addition, MP3 decoding capabilities are increasingly being
added into traditional portable CD players, thus enabling them to outship
basic portable compressed audio players in the United States by 2003."

Despite the dominance of this category, IDC believes growth in other form
factors, including automotive, home networked receivers, and streaming
Internet radios, will occur, although much more slowly. Sales of compressed
audio players will continue to be lopsided in favor of the United States;
however, non-U.S. markets will gain momentum. "The key factor to watch for in
non-U.S. markets is PC penetration," Ma said.

IDC's recently published report, MP3 Players and More: Forecast and
Analysis of the Worldwide Compressed Audio Player Market, 2000-2005 (IDC
#B24064), analyzes the worldwide market for compressed audio players.

Forecasts for U.S. and worldwide MP3 shipments and market value are
provided through 2005 by form factor and product type. Also provided is an
overview of the devices currently on the market and the vendors that produce
them. Various content and technology issues that relate with production and
consumption of digital music are discussed. To purchase this report, contact
Patrick Steeves at 1-800-343-4952, extension 6787, or at psteeves@idc.com.

About IDC
IDC delivers dependable, high-impact insights and advice on the future of
ebusiness, the Internet, and technology to help organizations make sound
business decisions. IDC forecasts worldwide markets and trends and analyzes
business strategies, technologies, and vendors, using a combination of
rigorous primary research and in-depth competitive analysis. IDC provides
global research with local content through more than 700 analysts in 43
countries worldwide. IDC's customers comprise the world's leading IT
suppliers, IT organizations, ebusiness companies, and the financial community.
Additional information can be found at http://www.idc.com.

IDC is a division of IDG, the world's leading IT media, research and
exposition company.

All product and company names may be trademarks or registered trademarks
of their respective holders.

SOURCE IDC
Web Site: http://www.idc.com




Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up