Mp3 player ‘critical mass’
p2pnet.net News:- US shipments of mp3 players will grow 35% to 18.2 million in 2005 and maintain a compound annual growth rate of over 10% through 2010, reaching an installed base of 56.1 million, says a new report.
And this spells Critical Mass.
Up from 16.2 million in 2004, mp3 players will fuel demand for digital music services and stores, says JupiterResearch.
"Historically, any new device or medium that reaches a U.S. household penetration of 15% to 20% creates a critical mass of customers for other products and services," says the company’s David Card.
"MP3 players will hit that mark this year.”
Not surprisingly, JupiterResearch says Apple’s iPod is leading the pack and will continue to do so, “over the medium term”.
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