Smartphones Driving Growth in Worldwide Camera Phone Market
(Weymouth, MA) December 14, 2009 . . . InfoTrends’ latest forecast indicates that smartphone shipments will achieve a CAGR exceeding 31% worldwide through 2013. All regions in this year’s forecast, namely North America, EMEA, Japan, Asia-Pacific, and ROW, will experience notable growth in smart phone shipments as consumers are choosing these higher functioning devices over basic camera phones.
Carrie Sylvester, a Senior Research Analyst at InfoTrends, stated, “Without a doubt, smartphones are the hottest thing to happen to the mobile phone market. Mobile phones are becoming all-in-one devices, which allow the user to not only talk, but also IM, listen to music, send text messages, browse the Web, take spontaneous pictures, and get directions through a GPS. The convenience of having one portable device with all of these features is leading many consumers to opt for smartphones over basic camera phones.”
The majority of these pocket-sized computers have an embedded camera, and combined with the Internet functionality, this enables spontaneous and immediate image capture and sharing. Consumers are using their smartphones to engage in popular activities such as sharing their photos via social networks on the spot. The fact that smartphones make it easier to share camera phone photos will encourage consumers to take more photos with their phones.
Worldwide Camera Phone Forecast: 2008 - 2013
provides a five-year growth projection for the worldwide camera phone market, segmented by North America, EMEA, Japan, Asia-Pacific, and Rest of World. The report forecasts hardware shipments, installed base, and revenue and discusses market drivers and barriers.
This forecast is available for purchase. For more information, visit our online store or contact Robyn Wuori at +1 781 616 2100 ext. 103 or e-mail
robyn_wuori@infotrends.com
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InfoTrends, a Questex company, is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. We provide research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses. Additional information about InfoTrends is available on the Web at
www.infotrends.com
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News Source : Smartphones Driving Growth in Worldwide Camera Phone Market
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