Portable MP3 player chip manufacturer SigmaTel, released a consumer survey this week that shows up to 20 percent of Americans (13.5 million according to 2000 U.S. census data) between the ages of 18 and 35 are considering an MP3 player purchase within the next six months. The nationwide survey found that 59 percent of would-be buyers plan to give MP3 players as gifts. The survey was fielded by independent research firm StrategyOne on behalf of SigmaTel.

“In the U.S., the portable MP3 player category has expanded far beyond early adopters. A compelling selection of device form factors, storage capacities, price points and compatible online music services has driven this expansion,” said Susan Kevorkian, senior analyst with IDC. “Younger consumers have been on the cutting edge of this trend, which is only gaining momentum during this holiday season.”
“If consumer intentions are any indication, the MP3 market has moved beyond its infancy stage and is poised for significant growth,” said Ron Edgerton, president and chief executive officer of SigmaTel.
When asked why they would consider buying an MP3 player, 63 percent of would-be buyers cited new music download services and 69 percent cited audio quality. “This survey clearly shows us that consumers have embraced this technology and the wide range of MP3 players available to suit every budget and lifestyle,” noted Edgerton
In another report, “Today’s Handheld Electronics: What do Consumers Think About Current and Future Devices?” released this week by In-Stat/MDR they found that 90% of MP3 player owners are over the aged of 35. 31% of people have downloaded music (mainly over a broadband connection) and there is a 20% increase in those paying to download from last year. 30% of the respondents indicated they were familiar or very familiar with handheld audio/video players.
In a recent survey of buying preferences among U.S. teenagers, analysts at Piper Jaffray found a strong preference for the iPod over competing products. Of the 600 teens surveyed, 16 percent already owned an iPod, and 24 percent planned to get one within the next year. Only 8 percent planned to acquire another brand of music player in that time.
According to a market research study in September from researchers at the NPD Group Apple’s iPod maintained its strong hold on the market with a 87.3% share among hard drive-based players, down from 92.0%, followed by HP in second with its iPod made by Apple at 3.6%. Combining the HP and Apple percentages, Apple controlled 90.9% of the market share. Finishing out the top five of hard drive-based players was Rio with a 2.8% share, Creative in fourth with 2.6% and iRiver at 1.5%.
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