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Article: DIGITAL CAMERA SALES WILL CAPTURE 21% OF 2001 CAMERA MARKET.
- Article from:
- Imaging Update
- Article date:
- November 1, 2001
CopyrightCOPYRIGHT 2001 Worldwide Videotex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A new study from InfoTrends Research Group, Boston, projects that worldwide shipments of low end digital cameras will reach 17.7 million units in 2001, capturing 21% of total worldwide camera sales. Film camera sales in Japan, North America and Europe are beginning to decline largely as a result of growth in the digital camera market. By 2006, digital camera sales are expected to capture 63% of the total worldwide camera market. Revenue from digital camera sales is forecast to reach $9.9 billion in 2006.
"The worldwide economic situation is expected to impact digital camera sales in the short term, but this product category will remain more resilient than ...