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(Weymouth, MA) May 20, 2010 . . . According to InfoTrends’ latest online photo services market forecast, total revenue from the sale of prints and photo merchandise for delivery by mail will see healthy growth through 2014, reaching nearly $1.5 billion. Consumers are uploading an increasing number of digital photos from camera phones as well as digital cameras. They have turned in large numbers toward social networking sites for everyday photo sharing and viewing, yet they still turn to traditional online services and retailers for prints and photo merchandise ordered online. This is largely because most social networking sites store photos at very low resolution, significantly limiting the output options for those images. “Online services must find ways to incorporate the online photo activities that consumers value most into their business,” commented Alan Bullock, an Associate Director at InfoTrends. “While it may be difficult to monetize photo sharing itself, revenue opportunities may come from linking photo sharing with other value-added services such as backup and preservation of digital photo collections, or even printed output. These are services that are best offered by those who hold the high resolution images.” InfoTrends’ Online Photo Services Forecast: 2009 - 2014 provides current market size estimates and five-year growth projections for the U.S. online photo services market, including online photo service members and visitors, online (net-to-mail) print orders, as well as online photofinishing revenue for prints and photo merchandise. It also outlines drivers, barriers, and key trends affecting the market and updates key vendor activities and strategies. For more information or to purchase this report, visit our online store or contact Robyn Wuori at +1 ext. 103 or e-mail . InfoTrends, a Questex company, 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 2010 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 . |
