From Picture Business: Digi Frame Powder Keg
We’ve actually been waiting for a few years for this, but it finally appears the digital frame market may be about to explode, according to recently released statistics from Parks Associates. The report, titled Digital Cameras and Imaging: Analysis and Forecasts, states the global market for digital photo frame products will exceed 12 million units by 2010, up from an estimated 700,000 units shipped in 2005.
“The digital photo frame market has finally emerged from the doldrums of 2001-2003, when low consumer interest and high hardware costs dampened demand,” said Harry Wang, research analyst at Parks Associates. “This reinvigorated market is ready for its second life.”
The report attributes the renewed interest in digital photo frame products to consumers’ heightened familiarity with digital imaging applications, the growing number and increasing significance of digital pictures in households around the world, more affordable prices for hardware and flash memory, and better product design and features, which create a more enjoyable user experience.