Industry Analysis & Industry Trends
The Online Camera and Camcorder Sales industry faced decline during the recession and that years that followed. With disposable income rebounding, the industry will likely recover alongside it. However, the increasing quality of photos taken via a digital camera built into a smartphone will likely hurt the industry over the next five years.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Online Camera and Camcorder Sales industry is in the mature stage of its life cycle. In the 10 years to 2019, industry value added, which measures the industry's contribution to the economy, is expected to grow an average of 1.2% annually. In contrast, GDP is expected to grow at an annualized rate of 2.7% over this period.
Although this industry is in the mature stage of its life cycle, it also has characteristics of a declining industry. For example, growth among operators has been minimal. However, renewed demand for industry products, particularly in the latter part of the period, is expected to keep the sector in a mature stage... purchase to read more