Research: Digital Photo Frame Market is Booming

Digital Photo Frame

U.S. consumers bought 1.7 million digital photo frames in 2006, indicating a spectacular growth of more than 400% over the previous year when there were only some 300-thousand units sold.

According to research firm Park Associates, the 2006 sales of digital photo frames exceeded their forecast by 42%, prompting them to revise their U.S. forecast to 50% cumulative average growth rate (CAGR) to 2010.

“The digital photo frame market was a Cinderella story for many small vendors during the past holiday season. Many were happily surprised by the strength of consumer demand,” said PA research analyst Harry Wang.

He noted that expanded retail availability, decreased price and consumer interest in new gift ideas contributed to the explosive growth of the digital photo frame market.

[Site: ParksAssociates.com]

Chris Malinao

About Chris Malinao

Chris teaches Lightroom as workflow software to photography students at the FPPF, Federation of Philippine Photographers Foundation. He also teaches smartphone photography.

Voigtlander Vito CD with Case and Lens Hood picture
Voigtlander Vito CD with Case and Lens Hood
Voigtlander 50mm f2.5 Color-Skopar Lens for Leica Thread Mount picture
Voigtlander 50mm f2.5 Color-Skopar Lens for Leica Thread Mount
VINTAGE VOIGTLANDER ANASTIGMAT SKOPAR 1:4,5 F+13.5 CM LENS IBSOR SHUTTER picture
VINTAGE VOIGTLANDER ANASTIGMAT SKOPAR 1:4,5 F+13.5 CM LENS IBSOR SHUTTER
Vintage Voigtlander Bessamatic Camera W/1:2.8/50 Lens (Nice NR) picture
Vintage Voigtlander Bessamatic Camera W/1:2.8/50 Lens (Nice NR)
Voigtlander Bessa II 6X9 MF Folding RF Film Camera W/105mm F3.5 Color-Skopar picture
Voigtlander Bessa II 6X9 MF Folding RF Film Camera W/105mm F3.5 Color-Skopar