"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

Foreign direct investment in Lithuania has decreased

Statistics Lithuania informs that based on provisional data as of 1 April 2008 foreign direct investment (FDI) made LTL 33.63 billion, or by 2.8 per cent less than on 1 January 2008. more »

Turkish credit-card market expects strong growth

Boston-based Celent LLC has published a new report about the state of the Turkish credit-card market, which has developed rapidly over the last decade and is expected to represent a high-growth opportunity. more »

Microsoft’s Annual Revenue Reaches $60 Billion

Fastest annual revenue growth since 1999 fuels 32% increase in earnings per share. more »

First Data To Be Acquired By KKR

First Data Shareholders to Receive $34 per Share in Cash; Transaction Valued at $29 Billion more »

National Bank reports 3.8-percent decrease in Belarus' international reserves in January

Belarus' international reserves decreased by 3.8 percent in January 2007 to $1,329.9 million as of February 1, according to the National Bank of Belarus (NBB). more »

Minsk Tractor Works reports 19.8-percent year-on-year increase in output in January

The Minsk Tractor Works (MTZ) manufactured nearly 172 billion rubels worth of industrial products in the first month of 2007, which was a 19.8-percent year-on-year increase. more »

Minsk expected to borrow up to $1 billion abroad this year

The Belarusian government plans to borrow up to $1 billion abroad this year to cushion the effects of a sharp hike in the price of energy resources. more »

Russian Audit Chamber suggests reviewing economic relations with Belarus

Russia's Audit Chamber has suggested reviewing all economy agreements between Belarus and Russia, Andrei Kokoshin, head of the standing committee on CIS affairs in the State Duma (Russia's lower parliamentary house), said on Thursday. more »

Belarus considers buying two oil fields in Russia

Belarus is contemplating the purchase of two oil wells in Russia, a senior executive at the Belneftekhim state-controlled petrochemical concern said Tuesday. more »

Lukashenko warns against economic development slowdown

Aleksandr Lukashenko warned that a slowdown of Belarus' economic development pace could undermine public confidence in the government and damage the country's image in the international arena. more »