Report: MP3 player sales fell by over 20 percent in UK in 2012

Report: MP3 player sales fell by over 20 percent in UK in 2012
According to a new report by Mintel, sales of MP3 players fell 22 percent in the UK year-over-year, a very strong decline even for an industry on its last legs.

Sales fell by 110 million to 381 million.

Mintel goes as far as to say that sales will be half of that by 2017, with a worst case scenario seeing the industry decline 90 percent to just 25 million in the same time frame.

The decline of the industry has mirrored the rise of smartphones, which have all the same capabilities of the MP3 players but can also make phone calls and access the Internet via 3G/4G when not in an area with Wi-Fi. Additionally, mobile apps for services like Google Music, Spotify, Pandora One and have made it easier to bring massive collections of music around without actually using any of your phone's storage space.

Adds Samuel Gee, a technology analyst at Mintel: "It is impossible to talk about the current PMP (portable media player) market without extensive reference to smartphones. The devices have directly contributed to the sharp decline in the value of PMP sales."

Apple, who's iPod is ubiquitous with the industry, saw a 19 percent decline year-over-year for sales of their PMP device.

Written by: Andre Yoskowitz @ 26 Dec 2012 22:32
MP3 players Sales PMP mintel decline
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  • 1 comment
  • Mysttic

    Honestly there is no more value in PMP in most countries because technology has revolutionized and will continue to do so. They should seriously be handing out most PMP devices for free and Ipods/Droid clone media players should have an MRSP of $25 or less globally. Even then, like this article says they will have no value, and by 2017 neither will our current handsets, regardless of being table or cell.

    27.12.2012 10:05 #1

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