MP3 Portable Market to boom

By Derek Sooman on
Things are looking good for MP3 player sales, both now and in the future. Market research company IDC predict that it will grow into a $58 billion industry by 2008. This amounts to something like 4 times bigger than the US record industry is at present.

Presently, larger hard drive based players like the iPod lead the market, but lowered flash memory prices may help to promote portable flash players. 12.5 million flash players were sold in 2003 - this should jump to 50 million units in 2008.

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.