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InfoTrends Report: Digital Photo Frame Market Is Poised for Growth(Wireless News Via Acquire Media NewsEdge) Digital photo frames present a fresh avenue for vendors seeking new opportunities for growth, according to a new report from InfoTrends, entitled Digital Photo Frames: A Bright Spot in the Consumer Imaging Market. According to InfoTrends, the digital photo frame market is projected to achieve a compound annual growth rate of nearly 22 percent from 2008-2013, surpassing 21 million units. InfoTrends' research indicates that vendors seeking to gain share in this growing market should focus on introducing products that foster ease of use to enable consumers to display their latest and greatest photos as effortlessly as possible. First and foremost, wireless is a must-have feature moving forward for this market to reach its full potential. Just over 15 percent of all digital photo frames shipped are wireless at this time, but this percentage is expected to jump to almost 35 percent by 2012. Nevertheless, InfoTrends' Senior Research Analyst Carrie Sylvester cautioned, "While it will be important for vendors to offer wireless products to capture the higher end of the market, less tech-savvy users will be happy to rely on memory cards to feed their frames. Therefore, wired frames will continue to present a healthy opportunity for manufacturers in the low-end market and we expect wired frames to remain an important component of the digital photo frame market for some time." InfoTrends' research also indicates that vendors would be wise to introduce frames that are capable of receiving user-defined RSS feeds, connecting to social networks, and receiving local news and weather updates through a content service provider. In addition to exploring the features that will lead to increased adoption, Digital Photo Frames: A Bright Spot in the Consumer Imaging Market addresses the current state of the digital photo frame market, considers ownership and use, and provides a forecast for the future. InfoTrends, a Questex company, is a worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. ((Comments on this story may be sent to [email protected])) ((Distributed on behalf of 10Meters via M2 Communications Ltd - http://www.m2.com)) ((10Meters - http://www.10meters.com)) Copyright ? 2008 Wireless News |