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Worldwide digital camera revenue may have reached $24 billion in 2004.


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1. As stated or indicated by; on the authority of: according to historians.

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 a new study from InfoTrends/CAP Ventures, Weymouth, Mass., worldwide digital camera revenue was forecast to reach $24 billion in 2004, and grow to $31 billion in 2009. The top three regions for digital camera sales in 2004 are Europe, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , and Japan.

The digital camera market is growing quickly in Asia and Rest of World regions (ROW). The digital camera market in Japan has entered the late majority stage of adoption, and the United States and Europe will enter this stage within the next few years. Meanwhile, Asia and ROW will keep growing, up from a combined 10 percent share of worldwide revenue in 2004, to 33 percent by 2009.

Sensor resolution continues to be the primary specification consumers rely on to compare the performance and quality of digital cameras.

"Even though resolution does not always equate e·quate  
v. e·quat·ed, e·quat·ing, e·quates

v.tr.
1. To make equal or equivalent.

2. To reduce to a standard or an average; equalize.

3.
 to image quality, it is an easy metric for consumers to compare, and so the pixel race will continue," says Michelle Slaughter slaughter

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, director of Digital Photography Trends at InfoTrends/CAP Ventures.

In 2004, manufacturers introduced several 7- and 8-megapixel models; and by 2009, these resolution segments are expected to be mainstream segments for point-and-shoot cameras A film or digital camera in which the focus and exposure is entirely automatic. You aim and press the button; the camera does the rest. Point-and-shoot cameras can range from cheap throw-aways to pocket-sized digitals. . As resolution increases, manufacturers must also advance image processing image processing

Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished
 speed to handle the larger files.

"Consumers recognize the need for speed when they complain about shutter lag In a digital camera, the delay between pressing the button to take a picture and its actual completion (image recorded onto the sensor). Shutter lag, which can be up to a second or more, is mostly found on low-end, point-and-shoot cameras with slower electronics.  and click-to-click speed," says Slaughter. "As a result, manufacturers are trying to raise brand awareness of their image processors, and consumers may eventually learn that image processors are also a key component influencing their satisfaction."

The top five worldwide market leaders in 2004, in rank order, were Canon Inc., Sony Corp., Olympus Corp., Eastman Kodak Co., and Fuji Photo Film Co. Ltd. These companies are expected to remain in the top five in 2005, though their rank within the top five may change.
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Article Details
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Title Annotation:Industry news
Publication:Digital Imaging Digest
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 1, 2005
Words:307
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