Skip to main content

Portable Multimedia Device Usage in Japan

Fueled by market drivers, such as inexpensive flash-based players, growing broadband penetration, and the increasing availability of affordable music and video online, the market for portable media equipment will see strong growth in Japan over the next several years, according to In-Stat.

Music-enabled cell phones, however, may cut into this evolving market, the high-tech market research firm says. The latest assessment assumes that the Japanese mobile phone service provider marketing efforts can continue to effectively compete with the consumer electronics companies.

"While video capable, dedicated PMP/MP3 players seem safe from multimedia cell phone competition, there is a significant opportunity for cellular operators to capture those consumers who are considering audio-only MP3 players" says Alice Zhang, In-Stat analyst.

The research entitled "Portable Music & Multimedia Market In Japan" covers the evolving market for all portable multimedia equipment. It provides forecasts for Japanese portable MP3 players, portable media players (PMPs), and portable DVD players. For portable audio-only MP3 players and PMPs, both flash-based and HDD-based players are included. Results of a survey of Japanese consumers are also included.

In-Stat's market study found the following:

- More than a quarter of the respondents to an In-Stat survey of Japanese consumers would like to use a multimedia mobile phone as a substitute for a multimedia player.

- Japanese PMP/MP3/PDP player market retail volume is expected to reach nearly 1.5 million units by 2011, up from 760,000 units in 2007.

- Consumer interest in video will constrain the growth of audio-only MP3 players in Japan. As PMP prices drop, more Japanese consumers will choose to purchase a PMP.

Popular posts from this blog

Global Digital Business and IT Consulting Outlook

Across the globe, CEOs and their leadership teams continue to seek information and guidance about planned Digital Transformation initiatives and the most effective enterprise organization change management practices. Worldwide IT and Business Services revenue will grow from $1.13 trillion in 2022 to $1.2 trillion in 2023 -- that's a 5.7 percent year-over-year growth, according to the latest market study by International Data Corporation (IDC). The mid-term to long-term outlook for the market has also increased -- the five-year CAGR is forecast at 5.2 percent, compared to the previous 4.9 percent. Digital Sevices & Consulting Market Development IDC has raised the growth projection despite a weak economic outlook, because of vendor performances across 2022, growth indicators from adjacent markets, increased government funding, and inflation impacts. The actual 2022 market growth was 6.7 percent (in constant currency), which was 87 basis points higher than forecast last year, alth

Why Instant Issuance Payment Cards Evolved

The global financial services sector continues to grow as more progressive organizations seek to gain a meaningful competitive advantage from their digital transformation initiatives. Across the globe, many regions are seeing a significant rise in 'instant issuance' activity from a physical and digital perspective, from both traditional and emerging innovative banking institutions. Digital Payments Market Development Customers increasingly demand instant access to banking services, with physical instant issuance enabling them to leave their branch equipped with a ready-to-go payment card. According to the latest worldwide market study by ABI Research, the market for instantly issued physical payment cards will increase from 243.2 million shipments in 2022 to a forecast of 471.1 million in 2027. "Critically, instant issuance of payment cards is no longer limited to the physical," said Sam Gazeley, industry analyst at ABI Research . Indeed, the growing digitization of p

Open Banking Usage to Grow by 470 Percent

The Open Banking business model has been advantageous for Third-Party Providers (TPPs), helping them to extend their offerings into other areas of financial services with new capabilities. Open Banking is also advantageous for traditional banking institutions, despite the perceived loss of custodianship over their data, by providing greater accessibility to more bank services. Furthermore, Open Banking can help serve Mobile Internet providers that are able to leverage it to create tailored services according to customers’ preferences and/or economic limitations. Open Banking Market Development Since traditional banking services are made more convenient by TPPs via greater data access, customers can proactively manage their finances and shape the development of new financial offerings. This is particularly noticeable in the realm of Digital Payments, where retail merchants and customers transact through eCommerce, which has the greatest number of use cases for Open Banking. These includ