Industry Analysis & Industry Trends
The shift toward online photo sharing has supported growth for online photo printers. Increasing access to the internet is giving more consumers access to the industry's websites. As a result, the industry has continued to grow, despite decreased consumer income during the recession. In the coming years, technological innovation is expected to provide even more customization options for consumers and professional photographers. As a result, industry revenue is forecast to continue rising.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Burgeoning use of the internet by consumers, which is becoming more secure and accessible, is leading to higher spending on photo printing online. Consequently, industry value added (IVA), which represents the industry's contribution to the economy, is projected to grow at an average annual rate of 6.0% in the 10 years through 2019. This will significantly outstrip the projected GDP increase of 2.5% on average per year from over the same period of time.
As the number of users increases, and the industry expands and automates its production lines, profit in the post-recessionary period is rising... purchase to read more