Top 7 Companies Offering High-Quality Audio and Video Services in the Global Portable Media Players Market

Samsung Electronics Co Ltd, Apple Inc., Western Digital Corporation, Microsoft Corporation, Sony Corporation, Koninklijke Philips N.V., and Xiaomi Corporation, among others, are the key players in the global market for portable media players.

As per the analysis by Expert Market Research, the global portable media players market is estimated to grow in the forecast period of 2022-2027 at a CAGR of 3.5%, owing to rapid technological advancements.

Portable media players (PMP) are compact electronic devices primarily intended to watch videos, store images, and listen to songs. Such electronic devices come with a good storage capacity and can play audios and videos in various formats. Moreover, it is a consumer electronics device that is likely to play and store digital media such as audio, video, images, and documents, among others. The data is generally stored on a microdrive, hard drive, or flash memory.

The rising investment by market players in research and development activities to create a better product range is expected to drive the growth of the global portable media players market. The rising demand by customers for premium quality audio along with video services is likely to fuel the demand for portable media players. With features like higher storage capacities, portability, and ease of use, the demand for portable media players is expected to propel among users.

The evolving technology coupled with the arrival of the Internet of Things (IoT) has driven the promotion of portable media players, which are likely to be easily connected via Wi-Fi, USB, and Bluetooth. The expansion of the entertainment and media industry, along with globalisation of media tastes and increasing disposable incomes, are driving the portable media players market growth.

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Top 7 Global Portable Media Players Companies:

Apple Inc.

Apple Inc. is a leading multinational technology company based in America. The company is the manufacturer of laptops, tablets, cellphones, portable media players, computer software, and computer hardware. The company’s innovation is evolving the techniques people use to do business, from retail to services and manufacturing.

Samsung Electronics Co Ltd

Samsung Electronics Co. Ltd has been identified globally as an industry leader in technology along with its success in its electronic business. Samsung Electronics provides advanced technologies, competitive products, and constant innovation. The company is expanding its range of highly differentiated mobile devices and is developing next-generation products for an innovative world.

Western Digital Corporation

Western Digital Corporation is a global company that believes that the most effective approach to support the diversity of the communities and customers is to mirror it. It is a leading innovator in the data storage industry. Western Digital specialises in the development, marketing, and distribution of data storage products and solutions.

Sony Corporation

Sony Corporation inspires and fulfils consumers’ curiosity by utilising its unlimited passion for content and services to provide ground-breaking entertainment. The company’s electronics division sells items including audio and video equipment, televisions, computers, monitors, computer peripherals, telecommunications equipment, and electrical components.

Microsoft Corporation

Microsoft Corporation is an America-based leading technology company that provides software products. The company empowers the digital transformation with an intelligent edge and an intelligent cloud. The company has a focus to democratise artificial intelligence to make it available to every individual. Microsoft is involved in the production of consumer electronics, personal computers, and related services.

Koninklijke Philips N.V.

Koninklijke Philips N.V. is a technology company providing solutions with meaningful innovations. The company provides the latest digital technologies and deals in external fields like lighting, television, audio, and domestic appliances.

Xiaomi Corporation

Xiaomi Corporation is a smart manufacturing and consumer electronics company manufacturing smart hardware and smartphones linked by an IoT platform at its core. The company is aims at being the most user-centric mobile internet corporation and constantly focuses on exceeding expectations with innovations in hardware, software, and services.

Also Read@ https://www.expertmarketresearch.com/pressrelease/global-portable-media-players-market

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.