An upcoming market research report from Industry Probe titled “Portable Audio & Video Devices Market – Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2028” provides comprehensive understanding of the market to the clients cultivating their leadership capacity. Further, the report explores significant factors related to the portable audio & video devices market that cover industry overview, segmentation analysis, and competitive landscape.
The report with its easy and plain manner has cited pragmatic ideas of the market. The report also highlights numerous facts responsible for the growth of the market such as development factors, statistical growth, business strategies, financial loss or gain to assist readers as well as clients comprehend the portable audio & video devices market from a global perspective.
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According to the report from Industry Probe, growing research & development sector, technology innovations, and additional functionalities are key factors in fueling growth of the portable audio & video devices market. Increasing popularity of portable audio & video and rising adoption of multifunction media players among teenagers and fitness enthusiasts are expected to drive the portable audio & video devices market during the forecast period. The report has segmented the global portable audio & video devices market in terms of product type, connectivity, price range, end user, distribution channel, and region.
On a geographical perspective, the global market is split into North America (U.S., Canada, and Rest of North America), Europe (U.K., Germany, France, Italy, and Rest of Europe), Asia Pacific (Japan, India, China, and Rest of Asia Pacific), Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa), and South America (Brazil and Rest of South America). North America is expected to hold the large market share. North America region is an early adopter of technology. In addition, growing adoption of smart connecting devices and expanding media and entertainment business in the region are expected to increase the market attractiveness of portable audio & video.
The report states that the market in Asia Pacific is projected to grow at the fastest rate during the forecast period. Factors such as rise in disposable income, increased impact of western culture, changing lifestyle, etc., are anticipated to increase the demand for portable audio & video devices in the region during the forecast period. Some of the key players operating in the global portable audio & video devices market are featured in this report to give a better competitive analysis of the market and these include Apple Inc., Koninklijke Philips N.V., SanDisk Corporation, Archos, Coby Electronics Corporation, Sony Corporation, Samsung, Cinepal, Creative Technology Ltd., and Microsoft Corporation, among others.
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