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Smallest,Smartest Singing Digital Device”.Each year,MP3 players race to squeeze as many new and improved features into their products as possible.The smallest device used for all age group starting from 2 years to 70 years and now getting the most popular personal consumer electronic product.Standing defiantly against the tide are a handful of MP3 players that emphasize usability over all other features.The most famous among these intuitive MP3 players are the Apple iPod’s.But all small and big electronics giants at least have a experience on this small device.
Worldwide PMP/MP3 player unit shipments reached 200 million in 2007, and will grow to 245 million in 2012. However, the year-over-year growth rate will slow considerably over this time frame, and actually dip below 10% by the end of 2008 for the first time since the market's inception. This slowdown in shipments demonstrates the market's maturity, as well as the competitive impact the market now faces from multimedia cellphones, like the Apple iPhone.
In order to mitigate the impact from both maturation and competition, today's PMP/MP3 player manufacturers are introducing products with enhanced functionality; and the most notable feature addition consumers are starting to demand is Wi-Fi capability. In-Stat estimates that approximately 21% of PMP/MP3 players will be Wi-Fi-enabled in 2012.

In-Stat's latest report on the global PMP/MP3 player market includes worldwide forecasts for unit shipments and revenues. Regional split for unit shipments are also included. The report provides a forecast breakout for audio-only MP3 players, as well as expectations for growth in the video-enabled PMP market. The newest addition to this research is a worldwide forecast for Wi-Fi enabled PMPs throughout 2012.
The rapidly growing worldwide market for Flash-based and Hard Disk Drive (HDD)-based players will double to 286 million units by 2010, research firm In-Stat said in a report. Drivers for this market include falling price points, the availability of legitimate subscription and pay-per-download online music sites, increasing Flash memory capacities, and enhanced functionality, said In-Stat.

In-Stat consumer survey data shows 49% of MP3 player owners own an Apple iPod. According to the report sales of low-end, Flash-based players were especially strong in 2005, particularly in Asian markets where some players are priced as low as USD 25.

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