Global MP3 Players Industry

Global MP3 Players Industry

  • April 2021 •
  • 333 pages •
  • Report ID: 5959870 •
  • Format: PDF
Abstract:
- Global MP3 Players Market to Reach 141.5 Million Units by 2027
- Amid the COVID-19 crisis, the global market for MP3 Players estimated at 115.5 Million Units in the year 2020, is projected to reach a revised size of 141.5 Million Units by 2027, growing at aCAGR of 2.9% over the period 2020-2027. Flash MP3 Players, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach 111.8 Million Units by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the HDD MP3 Players segment is readjusted to a revised 2.4% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 33.4 Million Units, While China is Forecast to Grow at 4.8% CAGR
- The MP3 Players market in the U.S. is estimated at 33.4 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 23.4 Million Units by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.

- Select Competitors (Total 195 Featured) -
  • Apple Inc.
  • Sony Corporation
  • Koninklijke Philips N.V.
  • Western Digital Crop.
  • Pyle Audio Inc.