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(Weymouth, MA) March, 27 2000... The Internet is driving the digital imaging industry by increasing demand for images. The professional publishing and film scanner markets are poised to reap the benefits of this explosion in growth. The total professional publishing scanner market, including flatbed, film, and drum scanners, is expected to grow from 150,000 units in 1999, to 204,000 units in 2004, according to a new forecast report from InfoTrends Research Group, Inc. The high end film scanner market is forecast to experience the most growth, at a compound annual rate of 13% through 2004. The Internet is changing the way many companies are doing business, and providing new opportunities for vendors by broadening existing markets, as well as opening up new target markets that previously did not exist. An example of this is the stock photography market. Previously, stock houses were forced to manually search and send photos to clients. With the explosion of the Internet, stock houses are now posting images on the Web at low resolutions, letting clients search for the photos they need. The low resolution version can be used as a proof, and the high resolution version purchased when needed. "Businesses are evolving to meet the opportunities and challenges posed by the Internet," says Janet Kauffman, research analyst for InfoTrends Research Group. "Digital imaging technology easily integrates with the Internet, and is being used to help businesses run more efficiently and profitably. There is no doubt the Internet will continue to be a driver for the professional publishing industry for many years." InfoTrends' new forecast report, titled "2000 Professional Publishing and Film Scanner Forecast - North America," identifies the drivers and barriers to various segments of the professional publishing market, including low end, high end and multiformat film scanners, and A-size and B-size midrange and high resolution flatbed scanners. Key issues and trends are covered, and a profile of major market players is provided. The report forecasts shipments, revenues, and average selling prices in North America through 2004. The report is available immediately in both hard copy and electronic format. |
