The Perfect Photo Op?
"Internet-based photo sharing services have suffered along with the majority of Internet start-ups. Offering print and enlargement services plus storage of image albums uploaded by consumers, many online photo-sharing sites went under when Internet capital dried up, taking consumers' treasured photos with them," CEA reports.
In addition to Best Buy, Wal-Mart, Target, Ritz, CVS, Kinko's and Costco are among nationwide retailers that have also jumped on the digital printing bandwagon.
PMA forecasts that print volume will increase by 1.3 billion during the next three years to 31 billion in 2006, driven by digital printing. A projected 5.4 billion prints will be made from digital images in 2004, compared to 3.4 billion during the previous year. By 2006, PMA projects 10.6 billion digital prints will be made, compared to 20.4 billion traditional prints. "As the sun rises on the digital imaging market, it is setting on the traditional film camera business, which will continue to erode. In 2002, 76 million households owned film cameras, down from 77 million in 2001," according to PMA, "and 16 percent of digital cameras sold in 2002 were purchased as replacements for film cameras."