There will be continued volume decline for portable media players over the forecast period, as the factors that led to the decline over the review period continue into the forecast period. Smartphones and tablets are making gradually making media players obsolete.
There will be continued, if slowing, volume growth for wireless speakers, as the product begins to reach maturity levels. Product development within wireless speakers is likely to focus on improving audio quality with sleek and compact designs.
The uncertain economic outlook could also dampen volume sales over the forecast period. If the war in Ukraine continues to drag on, inflation will continue to rise, pushed up in particular by energy price rises.
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Portable Players
This report originates from Passport, our Portable Players research and analysis database.
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