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(Weymouth, MA) November 29, 2006…According to a recent forecast released by InfoTrends, shipments and sales of digital minilabs and photo kiosks are expected to rise through 2010. This is partially due to digital camera owners demonstrating increased demand for digital prints in retail stores. In 2004, 37% of digital camera owners had obtained photo prints from a retail location, and this percentage had risen to 41% in 2006. New photo kiosk café-style store layouts are becoming attractive to digital camera owners because of the relaxed printing atmosphere, and multiple photo kiosk input terminals have reduced customer wait times as well. A significant percentage of photo kiosk sales in 2006 will replace existing kiosks. Shipments will also experience modest growth throughout the forecast period. “The market has reached the point that there really is a kiosk option available for every retailer,” commented Ann Morris, a Research Analyst at InfoTrends. “Retailers can simply choose the photofinishing solution that best meets the demands and preferences of their customer base. If they are able to grow their businesses, it is relatively painless to add another photo kiosk input terminal or print station.” Sales of digital minilabs are expected to increase slightly in 2006. At the same time, however, photo kiosks do represent competition for digital minilabs. “Only a few of the second-tier mid- and low-volume retailers are ready to invest in an expensive digital lab,” commented Ms. Morris. “As a result, some retailers will choose not to replace existing minilabs but will instead opt for photo kiosks.” InfoTrends’ new forecast entitled U.S. Photo Kiosk and Retail Digital Photofinishing Forecast: 2005-2010 provides a forecast for the U.S. photo kiosk and digital minilab markets and includes analysis of the key market drivers, barriers, ongoing market issues, and photo kiosk and digital minilab vendors. The report provides a five-year forecast and one year of historical information for the United States in terms of units, installed base, average selling price, and revenues. InfoTrends’ forecast is available immediately to clients of InfoTrends’ Photo Printing Trends Service. For more information about the report or to make a purchase, visit our online store or contact Matt O’Keefe at , ext. 115 or . InfoTrends is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. We provide research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses. Additional information about InfoTrends is available on the Web at www.infotrends.com. Copyright © 2006 InfoTrends. All rights reserved. Reproduction or reuse of InfoTrends materials is strictly prohibited without prior written consent. If you are interested in referencing InfoTrends content, please submit your request to . Matthew O'Keefe |
