Industry Analysis & Industry Trends
The Online Camera and Camcorder Sales industry is expected to trend higher as falling unemployment, rising per capita disposable income and increasing consumer sentiment have helped bolster revenue growth. Additionally, consumers will be more likely to purchase items online as a result of more secure payment methods. 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 Analysis Chapter
The Online Camera and Camcorder Sales industry is expected to trend higher following improvements in broad economic conditions, particularly at the consumer level. Demand for industry products soared as consumers' disposable incomes rebounded following the downturn. Consequently, industry revenue grew 3.2% in 2010 and another 1.5% in 2011. Overall, industry revenue is expected to grow at an annualized rate of 0.9% to $6.1 billion over the five years to 2015, lifted by an estimated 0.4% increase in 2015.
Much of the industry's rise can be attributed to its performances following the economic downturn. During this time, the US economy rebounded steadily as the housing market and global economy improved... purchase to read more