Digicam sales 130f market in 2000
Monday, 25 September 2000 >
According to a new report published by Infotrends
Digital Camera Sales now represent 130f the
Worldwide Camera Market this year. Four manufacturers:
Olympus, Sony, Kodak and Fujifilm are worldwide market
leaders with 600nit market share. "While digital
camera sales have not begun to erode film camera sales
or film usage on a worldwide basis, steady market
growth will inevitably begin to replace film camera
adoption."
Infotrends press release:
Digital Camera Sales Capture 130f Worldwide Camera
Market in 2000
Digital camera sales now represent 130f total
worldwide camera sales. While digital camera sales
have not begun to erode film camera sales or film
usage on a worldwide basis, steady market growth will
inevitably begin to replace film camera adoption. As a
result of continued market growth, many new products
and services are springing up out of this digital
landscape, including digital photo frames, cable TV
picture services, and online photofinishing services.
A new study from InfoTrends Research Group projects
that worldwide shipments of low end digital cameras
(sub-$1,000 models, not including toy digital cameras)
are growing at 50% annually through 2005, and the
market is forecast to reach over $13 billion in
revenues in 2005.
North America is the leading market for digital camera
sales, and will remain so through the forecast period.
In 2000, it represents 520f the worldwide market.
North America's substantial lead through 2005 is
primarily due to growth in the entry-level segment,
which is defined as cameras priced under $200. Japan
is currently the second leading market with 230f
digital camera sales, though sales of digital cameras
in Europe will surpass Japan within the forecast
period.
Olympus, Sony, Kodak, and Fuji are the worldwide
market leaders with over 60 ombined unit market
share. "These vendors have achieved a leading position
in the market due to their well-developed product
lines that target a range of price points and user
feature requirements," says Michelle Lampmann, market
research analyst, InfoTrends Research Group. "With
more and more consumers beginning to adopt digital
cameras, it is essential for digital camera vendors to
develop user-friendly and affordable cameras for
novice users, as well as feature-rich models for
advanced users."
The new report, "2000 Worldwide Digital Camera
Forecast Summary," summarizes InfoTrends' in-depth
market forecast reports for North America, Japan, and
Europe. It sizes the low end digital camera market,
outlines key vendors and trends, and projects unit
shipments, revenues, and price declines through 2005
by region. The report is available immediately in hard
copy and electronic format.
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