The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. On the basis of storage media, the industry is divided into:īased on the distribution channel, the industry can be segmented into: These devices come with a good storage capacity and can play audios and videos in different formats.īased on media type, the market has been bifurcated into:
#PORTABLE MEDIA PLAYER PORTABLE#
Portable media players (PMP) are the compact electronic devices that are mainly designed to listen to songs, watch videos, and store images. Portable Media Players: Market Segmentation The growing retail sector and increasing inclination towards online shopping in countries like India and China are boosting the sales of portable media players across the region. Meanwhile, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the growing acceptance of technology, increasing internet penetration, rising disposable incomes, and growing western influence. The demand is growing in the region due to the availability of advanced technologies and the expansion of the entertainment and media industry. The global portable media players industry is dominated by the North America region.
The Asia Pacific to Provide Significant Growth Opportunities for the Market Expansion Meanwhile, the growing popularity of video streaming services to watch series, movies, or music videos through platforms like Amazon Prime and Netflix is expected to drive the growth of the video segment over the forecast period. The increased preference for listening to music while working, exercising, or travelling has aided the market growth. The growth of the segment is the result of the early developments in music recording technology and the development of portable music playing devices. Portable Audio Players Leading the Growth of the Portable Media Players Industryīased on media type, portable audio players accounted for a significant market share in 2020.
#PORTABLE MEDIA PLAYER PDF#
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF The global portable media players market is expected to grow at a CAGR of 3.5% in the forecast period of 2022-2027. Global Portable Media Players Market Outlook
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