1. Market Research
  2. > Hardware and Electronic Equipment
  3. > Consumer Electronics
  4. > Portable Devices Market Trends
  5. > Portable Music

Breakthroughs that will re-shape the market of MP3

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
0 vote

Topics under Portable Music

Global Portable Music Industry Trends

Record company revenue from digital music rose 8% in 2011 to exceed $5 billion, reports IFPI. Market growth the previous year was around 5%, representing the first year-on-year increase in six years. The number of paid users of digital music is expected to grow at a yearly rate of 17%, reaching almost 1.6 billion in 2014, reports IE Market Research.

Users of digital music can take advantage of several digital channels to access music, including downloading online or though mobile devices and subscribing to online download portals. It is expected that the 500 million consumers downloading music through mobile headsets in 2009 will double to exceed 1 billion in 2013. Subscriptions to online and mobile music channels will represent the fastest growth in the worldwide digital music market, with online subscription users outpacing growth in the larger mobile channel segment. 

One major obstacle to market growth in the digital music industry is piracy. To tackle the problem, various industry players will need to pool their efforts, with advertisers, search engines, mobile service providers and internet service providers all working together to limit revenue loss caused by piracy.

Key Segments

Mobile platform music and digital distribution has grown for mobile handsets, reports Visiongain. Mobile music has seen its consumer base expand, fuelled by digital distribution through iTunes, to reach a growing number of iPhone owners and mobile handsets.

Mobile phones and the mobile web continue to drive digital distribution of mobile content, catering to specific demand of various consumer groups. The mobile phone is likely to replace the MP3 player in terms of mobile music due to wireless headphone development and handsets offering MP3 functionality for the most part.

MP3 players are witnessing a decline worldwide as mobile phones encroach on their market, offering superior services such as FM radio, extra memory for song storage and radio recorders, reports Euromonitor International.

The world flash memory card industry is expected to record slowed yearly growth of -5.6% between 2011 and 2015, according to research from TechNavio. Market growth will be fuelled by growing demand for smartphone storage devices, which are equipped to take photographs, and play videos and music. Portable devices with large in-built memory may represent an obstacle to market growth in this segment.

Industry Leaders

The number of paid subscriptions to digital music suppliers such as Deezer and Spotify rose from 8 million to exceed 13 million in 2011, according to music recording industry association IFPI. Music downloading has been fuelled by cloud-based services including iTunes Match, which ventured into almost 30 new markets in 2011, bringing its global presence to 50 countries. In the same year, download service 7digital opened stores in Singapore, Malaysia, New Zealand and Australia, bringing its global presence to more than 35 countries.



You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of 10 reports

The future of the Portable Music Industry in the US

  • January 2014
    6 pages
  • Portable Music  

  • United States  

View report >

Global NAND Flash Statistics

  • September 2015
    23 pages
  • NAND Flash  

    NAND Flash Memo  

  • World  

View report >

Portable Music Markets in the UK Forecast

  • November 2011
    16 pages
  • United Kingdom  


View report >

Portable Music Demand Analysis in the US

  • March 2010
    15 pages
  • Portable Music  

  • United States  

View report >

Ipod Market in the US Forecast

  • January 2010
    2 pages
  • Clock  


  • United States  

View report >

Ipod Markets in the US

  • October 2009
    13 pages
  • Ipod  

  • United States  

View report >

Music Markets in the US

  • September 2009
    41 pages
  • Music  


  • United States  

View report >

The future of the NAND Flash Industry in the US

  • January 2009
    2 pages
  • NAND Flash  

  • United States  

View report >

Global Portable Media Player Forecast Statistics

  • January 2008
    25 pages
  • Portable Media  

  • World  

    United States  

    North America  

View report >

Search in Portable Music Industry (10 reports)
Parent industry: Portable Devices
Related industries: Navigation Systems, Mobile Phone

About 100 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 199 - $ 4 250)

NAND Insights Q4/15: Going Down

NAND Insights Q4/15: Going Down

  • $ 4 250
  • Industry report
  • December 2015
  • by Forward Insights

The pricing pressure the NAND industry has experienced is expected to continue into next year. This report provides a forecast of the supply-demand and application drivers for NAND flash memory out to ...

United States Nand Flash Memory Industry 2015 Market Re ...

December 2015 $ 3 800

China Nand Flash Industry 2015 Market Research Report

November 2015 $ 3 200

Global And Chinese Memory Card Header Industry, 2015 Ma ...

December 2015 $ 3 000

Global 3d Nand Flash Memory Industry 2015 Market Resea ...

December 2015 $ 2 800

Global Nand Flash Memory Industry 2015 Market Research ...

December 2015 $ 2 800

2016 U.s. Records, Tapes, Audio Tape Books, & Compact D ...

January 2016 $ 199

2016 U.s. Computer Hardware, Software, & Supplies Sold ...

December 2015 $ 199

2016 U.s. Audio Equip, Musical Instr, Radios, Stereos, ...

December 2015 $ 199

2016 U.s. Men โ€™ S Wear Sold Through Prerecorded Tape, ...

December 2015 $ 199

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.