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 Analysis Chapter
Greater internet accessibility benefited the Online Photo Printing industry during the past five years. The number of broadband and mobile internet connections grew at 12.9% and 57.6% annualized rates, respectively. Although only 9.4% of services are conducted online in 2012, the Online Photo Printing industry is ahead of the overall shift to online services because of photography technology. Consumer adoption of higher-quality and easier-to-use digital cameras has made it easy to share photos online. As a result, online photo printing services became more convenient than in-store options. A dip in disposable income also hastened the shift to online photo printing because consumers were more likely to seek out deals, and prices are more convenient to compare online... purchase to read more