A new report out from In-Stat, a tech research company, claims the mp3 market will jump to 286 million by 2010.
The report says that a rapidly growing worldwide market for Flash-based and Hard Disk Drive (HDD)-based players will jump from 140 million units in 2005 to 286 million by 2010.
Forces which will help drive the market upwards over the next 5 years include falling price points, the availability of legitimate subscription and pay-per-download online music sites (such as itunes and napster), increasing Flash memory capacities, and enhanced functionality.
Stephanie Guza an In-Stat analyst says.
"Apple continues to dominate the market for MP3 players, particularly in the US"
"Apple competitors continue to face significant challenges, such as a constrained Flash memory supply, device and software integration, and the 'cool factor' associated with Apple's iPod line of products.”
The research also found that:
• 49% of MP3 player owners own an Apple iPod.
• Sales of low-end, Flash-based players were especially strong in 2005
• HDD-based models will continue to evolve into multimedia entertainment devices capable of audio, video, and imaging playback.
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