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PMPs to experience 5.5% CAGR through 2011, forecasts iSuppli

Posted: 13 Mar 2007 ?? ?Print Version ?Bookmark and Share

Keywords:PMPs? portable media players? MP3 players? MP3? iSuppli?

The portable media player (PMP)/MP3 player market is expected to grow to 268.6 million units in 2011, rising at a compound annual growth rate (CAGR) of 5.5 percent from 216.9 million units in 2007, according to market research analyst iSuppli Corp.

iSuppli said it expects PMPs to retain their technological edge over media-capable cellular handsets, which many expect will compete with PMPs in years to come.

"The future of PMP/MP3 players is bright due to continued hardware cost reductions, the rapid growth of online video and audio content and new offerings that will make it easier for users to access and download such online media," said Chris Crotty, senior analyst for consumer electronics at iSuppli.

- Dylan McGrath
EE Times

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