AfterDawn: Tech news

Digital audio player market to boom

Written by Petteri Pyyny @ 13 Jun 2003 3:09

According to a market research by IDC, the worldwide market for (compressed) digital audio players (or as they're better-known, "MP3 players") might become one of the most successful areas for personal technology during the next couple of years.
IDC predicts that such market for MP3 players will be worth a whopping $44 billion by 2007. The figure seems awfully high, but it seems that IDC has included every single stand-alone device type in the world (excluding PCs, etc) that can play compressed audio formats, such as most modern DVD players.

Anyway, the prediction begs to ask what will happen to CDs if consumers have seriously adopted truly digital audio (CD contains digital audio as well, but is associated to the physical plastic product as well) and consider it to be their number one choice when planning to buy a new audio equipment.

Source: vnunet.com

Previous Next  
Comments have been disabled for this article.

Latest news

The era of cheap AI is about to end - consumers and companies may experience a harsh reality very soon The era of cheap AI is about to end - consumers and companies may experience a harsh reality very soon (19 Apr 2026 12:58)
AI companies have allowed both consumers and businesses to use their developed AI models at a significantly lower cost than their actual expenses. A clear change is now coming to this, which could significantly alter the market.
Defunct companies started selling their former employees' email and Slack messages to AI companies Defunct companies started selling their former employees' email and Slack messages to AI companies (18 Apr 2026 12:27)
Technology companies that have gone bankrupt or have simply been shut down have found a new way to make a little more money at their final gasp. The companies are selling their employees' Slack, Teams, and email messages as training material for AI compan
Google starts penalizing sites that hijack the browser back button Google starts penalizing sites that "hijack" the browser back button (18 Apr 2026 2:35)
Google has announced that starting from June 2026 it will begin penalizing websites that hijack the browser back button.
Installing a fresh Windows 11 is now up to half an hour faster Installing a fresh Windows 11 is now up to half an hour faster (17 Apr 2026 11:11)
The update to Windows 11 released in April 2026 changes the way Windows is installed on a computer for the first time. User can now skip the previously mandatory updates during the installation phase.
EU age verification app humiliated: Researcher bypassed protections in two minutes EU age verification app humiliated: Researcher bypassed protections in two minutes (17 Apr 2026 9:57)
The official EU age verification app released this week is reportedly easy to crack. Security researchers claim that it can be circumvented within two minutes.

News archive