Digital cameras to take market by storm
By Stephanie Miles
Staff Writer, CNET News.com
May 13, 1999, 11:00 a.m. PT
The critical time for digital imaging is now, according to a new study.
For the past few years, digital cameras have remained a niche product, despite analysts' predictions of a mass-market explosion once picture quality improved and camera prices fell. That time may finally be here, according to a study released today from International Data Corporation.
Worldwide digital camera shipments will reach 4.7 million this year, IDC found, growing to an "astounding" 22 million shipments by 2003.
"With falling prices, increasing quality and resolution, and new applications, digital cameras have begun to attract the attention of the average consumer," said Kevin Kane, an IDC analyst, in a statement. "The next several years will be key in determining what part digital cameras will play in leisure and business budgets and activities worldwide."
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