InfoTrends / CAP Ventures|
"The digital camera market has entered its middle age, and with that comes new challenges and new opportunities for camera vendors," says Mike Wolf, Director of Digital Photography Trends at InfoTrends/CAP Ventures. "Return buyers looking to upgrade their starter cameras with a focus on better resolution, longer battery life, and longer zooms have found great values in the market. Camera vendors have done a good job increasing value for consumers in an effort to maintain average selling prices, but will need to continue upping the ante from a performance and features standpoint moving forward to encourage upgrades. One way to do this is to add new features such as wireless LAN connectivity, which InfoTrends/CAP Ventures expects to grow in popularity over the next years."
Consumer Digital SLR market grow 81% in 2005
One of the brightest spots for digital camera vendors has been the Digital SLR. Canon's Digital Rebel and Nikon’s D70 were two of the best selling models of 2004, despite their higher average prices. Photo hobbyists have been attracted to the powerful features of these cameras. The top digital camera players were Kodak, Sony, Canon, Olympus, Fuji, HP, and Nikon, in rank order for U.S. 2004 unit sales. The top three vendors are expected to hold their ranks in 2005.
InfoTrends/CAP Ventures’ new forecast report entitled 2005 Consumer Digital Camera Forecast: North America provides five-year forecasts for North America by units, revenue, and average selling price for the consumer (sub-$1,500) digital camera market.
Price, Product and Resolution segments
The forecast also breaks out price, product, and resolution segments. The price segments provided include less than $100, $100 - $200, $201 - $300, $301 - $500, and $500 - $1,000. The product segments include point & shoot cameras and sub-$1,500 digital SLRs. The resolution segments include sub-2.0 megapixels, 2.0M - 2.9M, 3.0M - 3.9M, 4.0M - 4.9M, 5.0M - 5.9M, 6.0 - 6.9M, 7.0-7.9M, and 8M+. The document also provides a five-year forecast for Canada and United States unit sales, as well as U.S. household penetration forecasts.
About InfoTrends / CAP Ventures
InfoTrends/CAP Ventures is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industries. InfoTrends/CAP Ventures provides research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses.