No it actually doesn't tell you anything like that. Per capita income only tells you buying power, but doesn't tell you the demand for the product. Again look at the car example, NA market has good per capita income, but you can't sell them tiny 2 seater electric cars because there is no demand for it, but you can sure as heck sell them a lot of SUVs. Flip that to Europe, are people buying 2 tonne SUVs in Europe, even with good captia income? No - because the demand is dictated as much by the culture - not just money. Ever heard the joke about selling ice to Eskimos? Ergo, what is actually the demand for expensive flagship DAPs in Western markets?
It does tell you very much for DAPs, we are not talking about ice for eskimos here, where is the biggest hifi market? headphone market?
As for market data:
http://www.slideshare.net/AMASASIA/fi-amas03 < check page 7 of the slide - only the regions outside of US/EU is growing for headphone spending and is also the biggest revenue for the past years. One can certainly infer that portable audio is biggest in those area as well because headphones/portable audio equipment goes hand in hand. Thus again, that's where companies like Sony are targeting; the growing and bigger market which are regions *outside* of US/EU eg Asia. See this is exactly how income per capita doesn't tell you whether the market will buy or not!
Regions outside USA/EU are not only East Asia - Do you know Canada, South America,Australia,Africa Midlle East etc? and from this graph i am seeing USA/EU is still biggest market!! So this Data is supporting my case not yours.
Now that we've established that the Asia region is the biggest and the only growing market for portable equipment, the rest is easy to talk about (sorry for all the Japanese reports).
No we did not we only establish a ) you don't know how to read to charts b ) you try to manipulate the data Sorry buddy check your facts again....
http://www.jas-audio.or.jp/jas_cms/wp-content/uploads/2016/04/document20160427.pdf
Page 5 - of all audio products 31% of the revenue actually comes from DAPs, with headphones following at 18%
Page 27 - Domestically in Japan - biggest source of music is Youtube and CDs purchases, CD rentals. Only 6% uses dedicated music streaming services in Japan.
Page 29 - nearly 55% of users mainly listen to music during commuting
http://getnavi.jp/av-2/6395/
Sony commands top position - 56% - of the portable player market in Japan. So it's safe to assume they know what their customers - at least in Japan - wants.
This is not a product only for Japanese market, also the assumption of japanese market don't need streaming is only an assumption again!
http://www.phileweb.com/news/d-av/201607/20/39227.html
Surprise! CD and vinyl revenue in Japan is growing YoY. (hence Sony's turntable which rips directly to DSD!)
It is growing in all over the world and it did not automatically means ripping LPs, i have 2000LPs and a good record player but i never rip an LP so wrong but very wrong again!!!
OTOH - services like Tidal and other streaming services aren't making money and is struggling to find a viable business model - basically still chasing after users and selling that to investors just like during the Dotcom bubble.
No it is not, with MQS coming and other development it is the fastest growing segment in audio, it is the future for sure, is Apple a stupid company trying to jump into vagon.
So is it any mind blowing fact that makers like Sony aren't bothering to jump head first into the market where there is no money and a sustainable business model hasn't been found yet? The choices in the product seems pretty well backed by data to me.
T
he data that you presented is not saying anything about anything, and you did not mentioned iPods or pono ?
Are we talking about DAPs? or are we taking about the ones you like?
So it is my opinion that streaming is an important part of todays music and it should not be dismissed, if it is a model launched for Asia only ( which i still believe had to include steaming services ) is a choice, and it is a bad one....... like betamax