Portable Media Player: Global Market to Grow at High CAGR in Upcoming Years – 2025


Free Press Release DB | Press Release Date : Aug 14, 2019  Download


The top notch features of the products such as high video and audio quality, compatibility, flexible storage capacity, ease of use, and portability among others, are anticipated to drive the demand


The global portable media player market size is anticipated to reach USD 27.80 billion by 2025. It is projected to register a CAGR of 4.0% during the forecast period. The top notch features of the products such as high video and audio quality, compatibility, flexible storage capacity, ease of use, and portability among others, are anticipated to drive the demand.

Portable media players can be easily connected through Wi-Fi, Bluetooth, and USB, which makes them compatible with a number of devices. With advancements in technology and rise in Internet of Things devices, the demand for portable media players is increasing. For instance, modern and luxury cars are coming up with portable audio and video players which can store large amount of data and can also be connected to the mobile phones. Archos 35 vision 8GB, is a portable media player, suitable when travelling for long hours as it has long battery life, 8GB storage capacity, light weight, and other features.

The video portable media player is anticipated to expand at a CAGR of 4.1% from 2015 to 2025. The inclination of consumers towards video entertainment such as series, movies, and music videos is accelerating the segment growth. For instance, Archos recently launched a range of portable media players ARCHOS Hello with audio visual connectivity.

On the basis of distribution channel, the offline category held the largest share of 77.22% owing to the benefits of the product such as real time purchase. Availability of a wide range of products from different brands and guidance from sales executive on choosing the best product can further drive the demand. For instance, Chroma is the leading retailer of consumer electronics in India. Currently there are 125 stores in 28 cities in India, offering variety of portable media players, with Saregama Carvaan being the most popular portable audio player.

To request a sample copy: 
https://www.grandviewresearch.com/industry-analysis/portable-media-player-market

Further key findings from the report suggest:

  • Hypermarket and supermarket distribution channel held the largest market share of more than 30% in 2018, due to the ability of real time purchase, different brands to choose from, and guidance from sales executive on choosing the best product
  • Audio player media type segment held the largest market share of over 57% in 2018 and is anticipated to witness significant growth over the forecast period
  • The portable media player market is led by players such as Apple Inc.; Samsung; Creative Technology Ltd.; SanDisk Corporation; Sony Corporation; Archos; Microsoft Corporation; Koninklijke Philips N.V.; Coby Electronics Corporation; and Cinepal, among others

For More Information: www.grandviewresearch.com

 




Contact Person & Company

Name

:

Amruta DP

Company

:

Contact Numbers

Telephone No.

:

Fax No.

:

Handphone No.

:

Website

Website 1

:

Website 2

:

Youtube

:

PR Tags

:

Portable Media Player Market,

Address


Contact The Author








More Press Release From Author



Pet Shampoo Market Size Worth $757.7 Million By 2025 | CAGR: 6.4%


Free Press Release DB :

The global pet shampoo market size is expected to reach USD 757.7 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 6.4% during the forecast period. --> Read This Press Release !



By : Amruta, DP ( Aug 16, 2019 )
Category : Business Press Release | Country : United States Press Release




Key Factors That Drive & Impede The Growth Of Ceramic Sanitary Ware Market


Free Press Release DB :

The global ceramic sanitary ware market size is expected to reach USD 80.2 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 10.4% over the forecast period. --> Read This Press Release !



By : Amruta, DP ( Aug 16, 2019 )
Category : Business Press Release | Country : United States Press Release




Premium Insights on Sunglasses Market 2025 with Regional Analysis & Key Industry Trends


Free Press Release DB :

The global sunglasses market size is expected to reach USD 17.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 2.3% over the forecast period. --> Read This Press Release !



By : Amruta, DP ( Aug 14, 2019 )
Category : Business Press Release | Country : United States Press Release





Disclaimer

The author of the press releases are solely responsible for the content of their press releases. Freepressreleasedb.com can't be held liable for the content posted by author. Please check the accuracy of the press release before using the press release. If necessary please contact the author. Thank you.