Video-Enabled MP3 GenNext Technology

Released on = July 11, 2006, 12:23 am

Press Release Author = RNCOS

Industry = Electronics

Press Release Summary = Video-enabled MP3 players are a fad amongst the technology
crazy youngsters all over the world.

Press Release Body = GenNext seems to be more enthusiastic for sophisticated &
miniature products. The current fervor will result in a favorable growth in the
sales of hi-fi devices such as video enabled MP3 players. Reduced prices enhanced
flash memory capacity and accessibility to digital music will further stimulate this
growth. It's anticipated that the worldwide sales of portable digital media devices
such as MP3 players & PMPs shall rise 24%, making it to $27.9Mn by the end of 2006.

Market for flash based and HDD (Hard Disk Drive) based players will jump to $289Mn
towards the year 2010, whereas it was just 142Mn in 2005. HDD based or MP3 models
will continue to evolve as multimedia entertainment devices, equipped with
audio/video and imaging playback.

RNCOS, a leading market research and analysis firm, in its recently published market
research report named, "Portable Electronics Market - Worldwide (2006)" has provided
the following information:

-- With ten-percentage points increase, the household penetration rate of portable
media devices grew by 25.3% in January 2006, while it was just 16% for the same
period in 2005.
-- There was a strong growth registered in the sales of MP3 players in 2005, with
Asian markets being the center of it.
-- Apple is the dominant player in the world market for MP3, while its competitors
are still facing problems such as constrained supply of flash memory.
-- Penetration rate among online adults has jumped to 55Mn people, with 27.8% & 13%
of them owning MP3 players and PMPs, respectively.

About the Report
Covering all aspects of world portable electronics market, this report provides
discussion about the current developments in the industry. Influences of various
government policies and reforms on this sector are also included in it. Listing the
profiles of key players in this sector, the report also analyzes various strategies
adopted by them for the growth of the industry. While outlining the challenges and
opportunities before the industry, it also looks at the future prospects of the
industry. This report is intended for all of the individuals and organizations
having interest in the portable electronic market across the globe.

About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports via MarketsMonitor for
your business needs and aims to put an end to your information pursuit. Our
expertise in gathering global business information for industry research, corporate
training, growth consulting, and business consulting, brings reputed companies and
firms to us for business enhancement solutions. We can be your one-stop-shop for
Industry research information and niche market analysis.

To purchase your copy: http://marketsmonitor.com/category/IM044.html
For more information about the report please visit www.marketsmonitor.com

Web Site = http://www.marketsmonitor.com

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial area, Delhi 92
91-11-4214-1229
info@rncos.com

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