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Growth of Home Photo Printing
Worldwide revenue from at-home printing of photos captured by digital camera will grow from $7.1 billion in 2003 to $9.9 billion in 2008, a compound annual growth rate of 9%, according to a new report from imaging industry specialists Lyra Research.
The report, Consumer Photo-Printing Market: Where Digital Photos Will Be Printed, examines consumer photo-printing behaviour and forecasts where digital camera owners will print the photos they capture - at home, at retail outlets, or online.According to Robert Palmer, director of Lyra's Digital Photography Advisory Service, 'The majority of digital camera photos will continue to be printed at home, which is good news for ink jet printer and supplies vendors: sales of ink cartridges and photo paper will increase'.
Lyra Research is based in Newtonville, MA, USA, with a web site at www.lyra.com
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