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Photo Printing and Merchandise Market: Desktop Application Projected to be the Most Attractive Mode of Printing Segment During the Forecast Period: Global Industry Analysis and Opportunity Assessment 2016-2026LONDON, April 19, 2017 /PRNewswire/ -- Mobile application segment is anticipated to expand at a higher CAGR during the period of assessment Improvements and advancements in broadband infrastructure worldwide, in turn, leads to significantly improved broadband speed. Moreover, increasing internet penetration and affordability of these services is expected to increase consumption of media content via various devices. This, in turn, is estimated to support the growth of the mobile application segment in the global photo printing and merchandise market over the projected period. e-Commerce companies are focussing on offering online photo printing services. For instance, in 2016, Amazon.com Inc., announced plans to introduce 'Amazon Prints', an online photo printing service that enables customers to print digital photos and order photo books and stationery products, in order to enhance its product portfolio and customer base. The growth of such services is creating a robust development in the mobile application segment. Regional overview of the mobile application segment In terms of value, the mobile application segment is expected to reach more than US$ 600 Mn by the end of 2017 in North America. The segment is likely to reach close to US$ 140 Mn in 2026, expanding at a CAGR of 6.9% in Latin America. The mobile application segment in the APEJ photo printing and merchandise market is projected to cross US$ 550 Mn by the end of 2017, recording an attractive CAGR of 5.6% over the forecasted period. Eastman Kodak company launches photography smartphone in partnership with U.K based Bullitt Group Download the full report: https://www.reportbuyer.com/product/4833634/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/photo-printing-and-merchandise-market-desktop-application-projected-to-be-the-most-attractive-mode-of-printing-segment-during-the-forecast-period-global-industry-analysis-and-opportunity-assessment-2016-2026-300442220.html SOURCE ReportBuyer |