According to a new report by Expert Market Research, ‘Global Portable Media Player Size, Share, Price, Trends, Growth, Report and Forecast 2021-2026’, the global portable media player market size was valued at USD 21.15 billion in 2020 and is expected to expand at a CAGR of 4.0% from 2021 to 2026.
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Competitive Landscape & Supplier Analysis:
- Apple Inc. (NASDAQ: AAPL)
- Samsung Electronics Co Ltd (KRX: 005930)
- SanDisk Corporation
- Sony Corporation (NYSE: SNE)
- Microsoft Corporation (NASDAQ: MSFT)
- Koninklijke Philips N.V. (NYSE: PHG)
- Xiaomi Corporation (OTCMKTS: XIACY)
- Others
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A portable media player is an electronic device extensively used by people to listen to songs, watch videos, and store images. Since 2000s onwards portable media players have been utilized extensively by people starting from teenagers to adults. Portable media players can store and play audio, video and image files in different formats. Portable media players can be connected to TVs, wireless speakers through Bluetooth, USB and Wi-Fi.
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Technological developments have facilitated the integration of advanced features such as Wifi, Bluetooth connectivity, and USB, which make it compatible with other devices. This is augmenting the demand for the portable media player market. For instance, modern and luxury cars are coming up with portable audio-video players that have higher storage capacity and are compatible with mobile phones. Archos 35 vision 8GB, is a portable media player, suitable when traveling for long hours as it has long battery life, 8GB storage capacity, lightweight, and other features.
The Global Portable Media Player market 2020 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Portable Media Player market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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