Reports
Global Portable Media Players Market Trends, Growth, Share, Size: By Media Type: Audio, Video; By Storage Media: Flash-Based, Hard Drive-Based, Mp3 CD/DVD, and Networked Audio Players, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Portable Media Players Market Outlook
The global portable media players market is expected to grow at a CAGR of 3.5% in the forecast period of 2023-2028.
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Portable Audio Players Leading the Growth of the Portable Media Players Industry
Based on media type, portable audio players accounted for a significant market share in 2020. The growth of the segment is the result of the early developments in music recording technology and the development of portable music playing devices. The increased preference for listening to music while working, exercising, or travelling has aided the market growth. 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 Asia Pacific to Provide Significant Growth Opportunities for the Market Expansion
The global portable media players industry is dominated by the North America region. The demand is growing in the region due to the availability of advanced technologies and the expansion of the entertainment and media industry. 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 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.
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Portable Media Players: Market Segmentation
Portable media players (PMP) are the compact electronic devices that are mainly designed to listen to songs, watch videos, and store images. These devices come with a good storage capacity and can play audios and videos in different formats.
Based on media type, the market has been bifurcated into:
- Audio
- Video
On the basis of storage media, the industry is divided into:
- Flash-Based Players
- Hard Drive-Based Players
- Mp3 CD/DVD Players
- Networked Audio Players
- USB Host/Memory Card Audio Players
- Others
Based on the distribution channel, the industry can be segmented into:
- Hypermarkets and Supermarkets
- Electronic Stores
- Online
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rapid Technological Advancements and New Product Launches to Bolster the Portable Media Players Market Growth
The growing consumer demand for high-quality audio and video services is driving the demand for portable media players. These players also provide consumers with enhanced storage capacity, ease of use, and portability. Further, the rapid technological advancements and the advent of the Internet of Things (IoT) have resulted in the launch of portable media players that can be easily connected through Wi-Fi, Bluetooth, and USB. The escalating disposable incomes and improving standards of living are supporting the industry growth further. Moreover, modern and luxury cars are providing consumers with portable audio and video players to store a large amount of data, making it accessible via mobile phones. This is positively influencing the growth of the portable media players industry.
The growing investments in the research and development activities by the key market players to develop an enhanced product range will significantly contribute to the industry growth in the coming years. However, the increasing penetration of smartphones and tablets with similar functionalities is expected to hamper the growth of the portable media players industry in the forecast period.
Key Industry Players in the Global Portable Media Players Market
The report gives a detailed analysis of the following key players in the global portable media players industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Apple Inc.
- Samsung Electronics Co Ltd
- Western Digital Corporation
- Sony Corporation
- Microsoft Corporation
- Koninklijke Philips N.V.
- Xiaomi Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Media Type, Storage Media, Distribution Channel, Region |
| Breakup by Media Type | Audio, Video |
| Breakup by Storage Media | Flash-Based Players, Hard Drive-Based Players, Mp3 CD/DVD Players, Networked Audio Players, USB Host/Memory Card Audio Players, Others |
| Breakup by Distribution Channel | Hypermarkets and Supermarkets, Electronic Stores, Online, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Apple Inc., Samsung Electronics Co Ltd, Western Digital Corporation, Sony Corporation, Microsoft Corporation, Koninklijke Philips N.V., Xiaomi Corporation, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Portable Media Players Market Analysis
8.1 Key Industry Highlights
8.2 Global Portable Media Players Historical Market (2018-2022)
8.3 Global Portable Media Players Market Forecast (2023-2028)
8.4 Global Portable Media Players Market by Media Type
8.4.1 Audio
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Video
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Portable Media Players Market by Storage Media
8.5.1 Flash-Based Players
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Hard Drive-Based Players
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Mp3 CD/DVD Players
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Networked Audio Players
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 USB Host/Memory Card Audio Players
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Portable Media Players Market by Distribution Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Electronic Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Online
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Portable Media Players Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Portable Media Players Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Portable Media Players Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Portable Media Players Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Portable Media Players Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Portable Media Players Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Apple Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Samsung Electronics Co Ltd
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Western Digital Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Sony Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Microsoft Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Koninklijke Philips N.V.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Xiaomi Corporation
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Portable Media Players Market: Key Industry Highlights, 2018 and 2028
2. Global Portable Media Players Historical Market: Breakup by Media Type (USD Billion), 2018-2022
3. Global Portable Media Players Market Forecast: Breakup by Media Type (USD Billion), 2023-2028
4. Global Portable Media Players Historical Market: Breakup by Storage Media (USD Billion), 2018-2022
5. Global Portable Media Players Market Forecast: Breakup by Storage Media (USD Billion), 2023-2028
6. Global Portable Media Players Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2022
7. Global Portable Media Players Market Forecast: Breakup by Distribution Channel (USD Billion), 2023-2028
8. Global Portable Media Players Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Portable Media Players Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Portable Media Players Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Portable Media Players Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Portable Media Players Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Portable Media Players Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Portable Media Players Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Portable Media Players Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Portable Media Players Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Portable Media Players Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Portable Media Players Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Portable Media Players Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Portable Media Players Market Structure
Key Questions Answered in the Report
The global portable media players market is projected to grow at a CAGR of 3.5% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, improving standards of living, growing developments in music recording technology and portable music playing devices, rising preference for listening to music while working, exercising, or travelling, and increasing popularity of video streaming services, are expected to aid the market growth.
The key market trends guiding the growth of the market include the rising investments in the research and development activities, growing technological advancements, and the increasing advent of Internet of Things (IoT).
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the leading share in the market.
The leading media types in the market are audio and video.
The major storage media type in the industry are flash-based players, hard drive-based players, mp3 CD/DVD players, networked audio players, and USB host/memory card audio players, among others.
The significant channels in the market are hypermarkets and supermarkets, electronic stores, and online, among others.
The major players in the industry are Apple Inc., Samsung Electronics Co Ltd, SanDisk Corporation, Sony Corporation, Microsoft Corporation, Koninklijke Philips N.V., and Xiaomi Corporation, among others.
Analyst Review
The global portable media players market is being driven by rising developments in music recording technology. Aided by the technological advancements, the market is expected to moderate a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By media type, the market can be segmented into audio and video. Based on storage media, the industry is segmented into flash-based players, hard drive-based players, mp3 CD/DVD players, networked audio players, and USB host/memory card audio players, among others. On the basis of distribution channel, the market can be divided into hypermarkets and supermarkets, electronic stores, and online, among others. The major regional markets for portable media players are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America leading the market. The key players in the above market include Apple Inc., Samsung Electronics Co Ltd, Western Digital Corporation, Sony Corporation, Microsoft Corporation, Koninklijke Philips N.V., and Xiaomi Corporation, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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