News

EL SEGUNDO, CA – PMP/MP3 shipments are expected to more than double between 2005 and 2011, according to iSuppli Corp. Global PMP/MP3 shipments will rise to 268.6 million units in 2011, a CAGR of 13% from 2005, the firm predicts. In 2007, player shipments are expected to rise to 216.9 million units, up 21.8% from 178.1 million in 2006. Global factory revenue will rise to $21.5 billion by 2011, a CAGR of 7.4% from $14 billion in 2005. Revenue this year will rise to $20.6 billion, up 14.4% from $18 billion last year. PMP shipments are expected to grow faster than those of music-only MP3 players during the coming years, with PMPs expected to account for more than 66% of PMP/MP3 unit shipments by 2011, up from a mere 4% in 2005, according to iSuppli. iSuppli forecasts the broadband music market will grow to $5 billion in revenue by 2010, up from $1.6 billion in 2006. Still, some challenges remain for PMPs/MP3 players, including longer replacement cycles because of removable memory and stronger competition from media-capable mobile phones.