Portable Multimedia

Despite the weak economy taking its toll across most consumer markets, portable multimedia devices will thrive i teh next few years, says market researcher In-Stat.
Even the weak economy can’t overcome a broader migration to mobile and portable devices, as indicated by the proliferation of portable electronics categories, says a new report. Portable electronics device shipments will grow more than 10% in 2009 versus 2008. The category, which includes digital radio receivers, e-readers, edutainment toys, handheld game consoles, MP3 players, portable media players (PMPs), and personal navigation devices (PNDs), is expanding to over 400 million units in 2009. By 2013, it will approach 600 million units. While some segments, such as handheld game consoles and MP3 players, have hit maturity and peaked, other segments continue to emerge.
“We’re seeing significant growth in the e-reader segment, as it evolves from a nascent market,” says Stephanie Ethier, In-Stat analyst. “And while MP3 players have peaked, this represents more of a migration to video-capable devices, as shipments of PMPs continue to expand.”

Recent research by In-Stat found the following:

- Shipments of portable entertainment devices in Europe will be 157 million units in 2013. Shipments to Japan will be 58 million.
- Worldwide unit shipments for PNDs (navigation devices) will reach approximately 56 million units in 2012.
- Total worldwide shipments of PMP & MP3 players will reach 225 million in 2009, with Asia-Pacific representing the largest geographic market.
- Worldwide e-reader shipments are expected to grow from almost 1 million units in 2008 to nearly 30 million units in 2013.