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DSC Market Consolidates, More Vendors Set to Exit
By
ChannelTimes Staff
International Desk, May 5, 2006
While the overall digital still camera (DSC) shipments continued to grow in the year 2005, the market witnessed shakeout as weaker camera vendors exited the market and new consumer electronics vendors enhanced their global presence, research agency IDC revealed in its latest study.
According to the report, Asia-Pacific and the rest of the world will emerge as powerhouses and account for over 40 percent of the global DSC shipments in 2010 while more vendors will exit the market in the next 18 months.
The worldwide DSC market, which entered early maturity last year, will continue to mature across the world as emerging markets experience strong growth curves and older markets begin to decline, IDC said. As the digital still camera market heads into the end of its growth curve, certain metrics will become more standardized around the world," said Christopher Chute, senior analyst for IDC's digital imaging solutions & services.
Global demand will continue to be strong in the short term with 111 million units shipping in 2008, but a slowdown is on the horizon, the study noted.
IDC's Worldwide Optical Networking 2006-2010 Forecast provides a high-level, comprehensive view of the worldwide DSC market. It contains 2005 actual unit shipments and total 2006-2010 forecasts. Data is presented from the United States, Japan, Western Europe, Asia-Pacific (excluding Japan) and the rest of the world.
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