"Western European Digital Camera Market, 2003-2007"

Published: 19 August 2003 y., Tuesday
Shipments of digital cameras doubled in Western Europe in 2002 as spending hit USD3.4 billion on 8 million units, according to new IDC figures. According to the report, "Western European Digital Camera Market, 2003-2007," this year's digital camera shipments are also set to head skyward, with figures due to level out at 20 million units by 2007. Research company IDC attributed the growth in digital camera sales in recent years to the influx of new products to the market, noting that the improved quality of picture resolution in many cameras helped drive sales in 2002. "Most vendors effectively deserted the 1 megapixel segment in 2002, as the 2 megapixel became the sweetspot," said Paul Withington senior research analyst for IDC's European peripherals research group. IDC said that in 2003, the market will be driven by the 3 megapixel segment, with cameras in this range allowing users to take 10cm x 15cm photographs that are of the same quality as those taken on analogue cameras. The report also says that the knock on effect of the market growth is higher sales of inkjet printers and home PCs, since digital camera owners are increasingly looking to turn home offices into digital home photo production studios. In addition to resolution quality, IDC emphasised the importance of the PictBridge industry standard introduced earlier this year. PictBridge followed agreements between big industry players -- Canon, Fujifilm, Hewlett-Packard, Olympus, Seiko Epson and Sony -- and will allow direct printing from any camera to any printer without the need for a PC. This is likely to impact on the positive effect digital camera sales are having on the sale of home PCs in the longer term, the research firm said.
Šaltinis: electricnews.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Wincor Nixdorf sales up 4% despite slower biz growth

Wincor Nixdorf AG closed the first six months of fiscal year 2008/2009 with a 4 percent increase in net sales and a 2 percent increase in operating profit (EBITA). more »

Raiffeisen Bank in Poland launches mobile banking in Europe

Raiffeisen Bank Polska SA, a subsidiary of Raiffeisen International, a leading financial corporation in Central and Eastern Europe, has deployed "VIP Mobile," a next-generation mobile banking solution. more »

SOS for EU fishing – save our stocks

Commission calls for help with reforming EU fishing. more »

IFC and Lithuania’s SEB Bank Launch Transaction to Help Businesses Adopt Renewable Energy

IFC, a member of the World Bank Group, and SEB Bank today launched an innovative transaction that will support lending of around €50 million to help small and medium enterprises in Lithuania switch to renewable sources of energy. more »

MEPs to debate the 2007 budget discharge

Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously. more »

Shake-up of gas and electricity market debated Tuesday

The right to compensation for poor service, the right to change gas and electricity suppliers and comparable prices are just three aspects of the proposed “third energy package” being debated today by MEPs. more »

Banks in India halt ATM expansion, consolidate tellers

As access to ATMs became free from April 1, many banks are expected to consider consolidating their teller operations instead of aggressively expanding ATM network. more »

“Smart Security” industry withstands crisis

Crisis or no crisis, secure identity cards will still be needed to cross borders… more »

UniCredit gives 1 million euro to help Abruzzo

A fund-raising initiative has been launched among 170,000 employees in all 22 countries where the Group operates more »

Bank SNORAS Klaipėda branch is among the top ten leaders of „Excellent service” month

This year AB Bank SNORAS also joined the promotional event "Praise excellent service!" which is held in March every year. more »