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Study: Booming market for MP3 players

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Study: Booming market for MP3 players

Compressed audio players – also known as MP3 players – are available in portable, home and automotive form factors and from major and minor consumer electronics manufacturers and PC vendors.

Broad consumer acceptance of MP3 players is being driven by a variety of factors, including falling price points, the availability of music from legitimate online music services, and the integration of compressed audio support in a wide variety of digital devices, including DVD players and gaming devices.

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