“Worldwide portable digital music player unit shipments will grow from 2.4 million in 2000 to over 9 million in 2005″. That from a report released yesterday by Cahners In-Stat showing that the digital music player industry will triple its market foothold over the next four years. The popularity of of peer-to-peer file sharing applications like Bearshare, Morpheus, and Xolox fuel this demand.
Related Stories
- Internet piracy lowers demand for black-market products, says Stanford professor
- Digital Music Portable Sales Double for 2003
- Americans continue to embrace digital music
- In 2005 8% of American Internet users paid for digital music, in 2006 – 23%
- Digital song stores attract music fans
