268.6 mln PMP and MP3 players to ship in 2011

Global PMP/MP3 player unit shipments will rise to 268.6 mln units in 2011, expanding at a CAGR of 13% from 128.7 mln units in 2005, iSuppli predicts. Global PMP/MP3 factory revenue will rise to $21.5 bln by 2011, growing at a CAGR of 7.4% from $14 bln in 2005. The strong growth of the PMP/MP3 market is the result of several drivers, including increased Internet connectivity, growing content availability and declining prices for key components like NAND flash memory and System-on-Chip (SoC) controllers.