By Richard Menta 3/16/05
It is amazing how many different companies have jumped into the digital music portable market that Apple presently dominates. Last fall I covered the newest ones in a two-part article that quickly jumped to five-parts. Since then dozens of additional new products have been announced.
This doesn't come as a surprise as the digital music market is a brand new one with immense growth potential. Potential that was recently measured by iSuppli.
iSuppli reports that MP3 players are expected to rise by a factor of four from 2004 to 2009. Over the next five years, shipments of of digital music players will increase to 132 million units in 2009. This is from 36.8 million that sold 2004, itself a significant surge from the previous year.
iSuppli credits much of this increase to HD-based portables, but as flash memory drops in price and its capacity increases it will too will drive sales. As the average life of a digital music player is only a couple of years, we should also see existing owners turn-over their existing portables at least once during this period.
iSuppli expects sales for 2005 to increase by 57% over last year.
iRiver H10 5GB Audio Jukebox is available on Amazon
Other MP3 stories:
iPod Shuffle Shortage Continues
Can Free Broadcast TV Really Be Napsterized?
iPod and Other MP3 Players Go Mainstream