Worldwide digital camera shipments rose 21 percent in 2006 to approximately 98 million units. The sharp rise happened despite the fact that more than half of all households in Japan, the US and Western Europe already have digital cameras, and in spite of multi-megapixel camera phones becoming commonplace in Asia and Europe.
This is according to a study made by Lyra Research, which also indicated that worldwide digital camera shipments would exceed 130 million units in 2010.
â€œCurrent digital camera users upgraded in droves to new models offered by every major manufacturer, lured by image-stabilization features, broader zoom lens ratios, and higher-resolution sensors,â€ said Steve Hoffenberg, Lyra’s director of consumer imaging research.
He added that the upgrading activity will eventually taper off, but right now it shows little sign of vanishing through the end of the decade, as camera makers continue to pack more value into their products.