"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

EBRD and CIB Bank boost financing to businesses in Hungary

The EBRD is increasing the availability of financing to the real economy in Hungary, with a €50 million credit line to CIB Bank, including at least €10 million equivalent denominated in Hungarian Forint. more »

Bank SNORAS deposit portfolio exceeded LTL 5 billion

At the end of March 2010, AB Bank SNORAS deposit portfolio exceeded LTL 5 billion, of which over LTL 3 billion are household deposits. more »

Outstanding Development Results Gain Vietnam Additional Support

In affirmation of Vietnam’s remarkable progress towards Middle Income Country status, the World Bank Board of Directors today approved a second loan for Vietnam from the International Bank of Reconstruction and Development (IBRD). more »

World Bank Loan to Help Improve Efficiency of the Croatian Justice System

The World Bank today approved a EUR26 million loan to the Republic of Croatia aimed at further improving the efficiency of Croatia’s justice system − a necessary process in Croatia’s path towards successful European Union accession. more »

ACP-EU Assembly calls for support to banana producers and strengthening of sanctions against Madagascar

The ACP-EU Joint Parliamentary Assembly asked the European Commission to help EU and ACP banana producers adapt to the new EU-Latin America trade agreement, which is expected to put an end to fifteen years of “banana wars” between the two continents, but has raised concerns for the livelihood of some regions' producers. more »

“Africa’s Golden Moment Has Come,” Says World Bank Vice President for Africa

As seventeen of Africa’s 53 nations celebrate 50 years of independence in 2010, Africa’s “golden moment has come” and investors around the globe must look to the continent often painted only as risk-prone if they are to capitalize on business opportunities. more »

The approval of AB Bank SNORAS profit distribution

During the ordinary general shareholders’ meeting of AB Bank SNORAS, which took place on 31st March 2010, the bank’s profit distribution was approved. more »

Out of the crisis: a "real" economy and world governance system

The EU is the world's largest economy, with enough international clout to return to "real capitalism" rather than resign itself to an alien "financial capitalism", concluded MEPs and experts at a public hearing held on Thursday by Parliament's special committee on the crisis. more »

Giancarlo Scottà on food quality and country origin labels

Food quality and labelling are likely to be key issues when the Common Agriculture Policy is overhauled in the coming years. more »

EIB supports Russia’s power generation sector with EUR 250 million to contribute to energy efficiency and emission reduction

The European Investment Bank (EIB) is lending EUR 250 million to Russian company Enel OGK-5 to finance the upgrading of a gas fired power plant located in Nevinnomyssk, South Russia. more »