"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

Emerging Market Countries Partner with World Bank to Achieve Risk Management Objectives

The World Bank is seeing a surge in demand from borrowers seeking the Bank’s expertise to mitigate currency and interest rate risk. more »

State aid: Commission authorises support package for Lithuanian financial institutions

The European Commission has approved under EU state aid rules a Lithuanian package intended to stabilise the markets as a response to the global financial crisis. more »

European Commission forecasts average crop production for 2010 in the EU despite extreme weather

Total cereal production in 2010 should be close to the average from the last five years. While the yield per hectare will be 5% above average, overall cultivated areas have decreased. more »

In the first half of this year AB Bank SNORAS and its financial group worked profitably

According to the unaudited data, AB Bank SNORAS profit prior to provisions and tax exemption within the first half of this year comprised LTL 51 million, the bank formed almost LTL 48 million provisions. more »

Denmark: EU €10m to help 1,149 former Linak A/S and Danfoss Group workers find new jobs

The European Commission today approved two applications from Denmark for assistance from the EU Globalisation Adjustment Fund (EGF). more »

EIB provides EUR 150 million innovative recovery support loan to SMEs in Turkey

The European Investment Bank today signed two loans for a total amount of EUR 150 million in support of small and medium-sized enterprises (SMEs) in Turkey. more »

AB Bank SNORAS will increase the authorized capital by LTL 82.3 million up to LTL 494.2 million

On 23 July 2010 the Board of the Bank of Lithuania permitted Bank SNORAS to register a change to the articles of association related to the increase of the authorized capital of the bank by LTL 82.3 million up to LTL 494,217,107. more »

Heads of State, WB President Zoellick Agree on Action Plan to Boost Integration and Development

Heads of State and top officials from the Central American Integration System and World Bank Group President, Robert B. Zoellick, agreed to join efforts towards regional cooperation and integration and adopted a comprehensive agenda that includes an action plan with more than 20 specific measures. more »

IMF Executive Board Cancels Haiti’s Debt and Approves New Three-Year Program to Support Reconstruction and Economic Growth

The Executive Board of the International Monetary Fund (IMF) today approved the full cancellation of Haiti’s outstanding liabilities to the Fund, of about SDR 178 million (equivalent to US$268 million). more »

IMF Completes Third Review Under Stand-By Arrangement with Latvia and Approves €105.8 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the third review of Latvia's performance under an economic program supported by a Stand-By Arrangement (SBA). more »