PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1363786
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1363786
According to SPER Market Research, 'Portable Media Players Market Size- By Type, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Portable Media Players Market is predicted to reach with a CAGR of 3.73%.
People usually use media players since they can listen to music wherever they go. They are available in a variety of sizes and shapes on the market. Because they can listen to songs without having to pay for separate music streaming services, young people like media devices with built-in music streaming capabilities. Customers are increasingly turning to Bluetooth-enabled audio media players to connect these devices to smartphones and sound bars.
During the early phases of the COVID-19 outbreak, supply chain interruptions and a reduction in consumer spending first presented problems for the portable media player business. However, it also profited from the rise in use of mobile devices for remote working, learning, and entertainment at home. The pandemic's long-term consequences on this industry will depend on factors such as consumer choices, technical advancements, and patterns of content consumption.