Global MP3 Players Market to Reach $57.5 Million by 2030 Despite Temporary Dip, With Technological Advancements and Changing Lifestyles Driving Growth


Dublin, Oct. 11, 2023 (GLOBE NEWSWIRE) -- The "MP3 Players: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for MP3 Players estimated at US$138.2 Million in the year 2022, is projected to reach a revised size of US$57.5 Million by 2030, growing at a CAGR of -10.4% over the analysis period 2022-2030.

Flash MP3 Players, one of the segments analyzed in the report, is projected to record -9.9% CAGR and reach US$45.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the HDD MP3 Players segment is readjusted to a revised -12% CAGR for the next 8-year period.

The U.S. Market is Estimated at $37.6 Million, While China is Forecast to Grow at -21.8% CAGR

The MP3 Players market in the U.S. is estimated at US$37.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Million by the year 2030 trailing a CAGR of -21.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at -4.6% and -10.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately -7.1% CAGR.

Select Competitors (Total 193 Featured) -

  • Apple Inc.
  • Sony Corporation
  • Koninklijke Philips N.V.
  • Western Digital Crop.
  • Pyle Audio Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • MP3 Players - Global Key Competitors Percentage Market Share in 2020 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2020 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/o3ajd4

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