"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

EU and Vietnam sign off on a deal that will boost air transport

An aviation agreement has been signed today by the European Union and the Vietnamese authorities which will remove nationality restrictions in the bilateral air services agreements between EU Member States and Vietnam. more »

The EIB celebrates its 30th year of activity in Cyprus with a EUR 180 million financing for urban environment

The European Investment Bank marked the 50th anniversary of the Republic of Cyprus and its 30 years of activity in the country with a public ceremony celebrating the signature of a total of EUR 180 million for urban environment. more »

Tighter rules on government deficits

In response to the financial crisis, the Commission has put forward legislative proposals to strengthen and expand existing tools for coordinating economic and fiscal policy in the EU. more »

SME Finance Forum: Ensuring access to credit and to finance to small businesses

In the first meeting of the SME Finance Forum, possible means to improve the current situation of access to finance were discussed, such as the introduction of a grace period for firms in difficulties, the involvement of credit mediators and improved loan guarantees. more »

The EU budget, a guide

The EU budget is no simple matter, but then no budget ever is. more »

Trichet: Parliament must play a central role in forging the new economic governance model

Parliament will be crucial in avoiding a “lowest common denominator” approach when helping to design the EU's new economic governance architecture, ECB president Jean-Claude Trichet told the Economic and Monetary Affairs Committee on Monday. more »

European Day of Languages 2010: Languages for business

With a multitude of language-related events taking place on or around 26 September, the main themes for this year's European Day of Languages are business and jobs. more »

Commission pays € 1.15 billion in Balance of Payments support to Romania

The EU disbursed today € 1.15 billion to Romania, the third instalment of a € 5 billion loan, which was agreed in May 2009 as part of a multilateral financial assistance package. more »

European Investment Bank supports GBP 250m gas network expansion and upgrade in Scotland and southern England

The European Investment Bank has agreed to lend GBP250 million for the replacement, reinforcement and expansion of the gas distribution networks operated by Scotland Gas Networks and Southern Gas Networks. more »

Fair food prices: new legislation needed, say MEPs

The bargaining positions of all players in the human food chain must be rebalanced, and fair competition enforced by law, to ensure fair returns to farmers and price transparency to consumers, says Parliament in a resolution voted on Tuesday. more »