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Market Research Forecasts Digital Photography Market at $82 Billion by 2016

(April 30, 2012)

ROCKVILLE, MD -- (Marketwire) -- 04/30/12 -- MarketResearch.com has announced the addition of the new report "Digital Photography: Global Markets," to their collection of Computer Equipment market reports. For more information, visit http://www.marketresearch.com/BCC-Research-v374/Digital-Photography-Global-6904389/

The global digital photography market was valued at $65.6 billion in 2010 and $68.4 billion in 2011. By 2016, the digital photography market should reach $82.5 billion, a 3.8% compound annual growth rate (CAGR) between 2011 and 2016.

Cameras and lenses account for the bulk of the photography market, representing 55% of global sales. This market segment was valued at $37.6 billion in 2011, and is expected to grow at a CAGR of 5.8%, reaching $49.8 billion in 2016.

The photo print industry is struggling to maintain growth. In 2016, the segment is expected to slide in sales, decreasing to $24.7 billion, down from $25 billion in 2011.


For more information, visit http://www.marketresearch.com/BCC-Research-v374/Digital-Photography-Global-6904389/

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Veronica Franco at 240-747-3016 or visit http://www.marketresearch.com.

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