Nov 7, 2013
InfoTrends recently published the Capture-enabled Devices: A New Market Segmentationreport and an associated blog, which describes our thoughts on how the imaging market will develop in the near future. The capture market is now divided into four segments: Slow Photography, Casual Photography, Fast Photography, and Intelligent Photography. Intelligent photography is the segment that we believe represents the most growth opportunities in the future.
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Sep 19, 2013
theQ camera caught my eye when it was launched in August. It caught my eye because it is a connected camera using a SIM card. It also caught my eye because theQ enters a camera market that is in free fall and where established vendors like Fujifilm and Olympus are making fundamental changes to their consumer imaging business. Yesterday Businessweek published a story about the challenges that Canon and Nikon are facing in the adversity of improving smartphone cameras. I think the best way to describe the digital camera market in 2013 is as extremely challenging.
Steven Christensen, CEO of QLifestyle, took time to brief me on theQ camera and their plans. The focus of Q Lifestyle is on photography related products and services. Read more »
Aug 7, 2013
As we take more photos than ever before, the ease of transferring, sharing, and storing these files is rising up the agenda of consumers and corporates. Israeli start-up Beamr is addressing this problem through its product, JPEGmini. JPEGmini reduces JPEG files without noticeably impacting image quality. The primary benefits of JPEGmini are that files take up less storage space and load more quickly than original image files. Read more »
Jul 17, 2013
The next wave of disruption in the capture market will come from wearable devices. The wearable camera market falls within the wearable technology market, which consists of a wide range of products that are designed to be worn, to be always switched on and to monitor in some way the person wearing the technology and their environment. The fitness market has been the trailblazer in the wearable tech market with products like Fitbit and Jawbone. Players in the wearable camera market include established players, such as GoPro and emerging players such as Google, Memoto, and Vuzix.
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May 15, 2013
Yesterday Nokia launched the Lumia 925 at a high profile event in London. The Lumia 925 joins a long line of venerable smartphones. The Lumia 925 features an 8.7MP camera and a 6 element lens. With this phone Nokia attempts to cement its position as the imaging leader in the smartphone market. Smartphones are mini computers that can be carried around at any time. Small, light and in most cases with cameras that are good enough for taking both every day and occasional special occasion photos. These are also the reasons why smartphones are taking the place of digital cameras as the camera used most often by consumers. InfoTrends’ European end user data clearly illustrates this trend. Read more »
Apr 9, 2013
Earlier this year, I wrote a blog about Jessops entering administration and the impact this would have on the U.K. digital camera market. Three days after I wrote that blog, Jessops did close its doors and 1,300 staff lost their jobs.
Since then Peter Jones, one of the dragons on BBC’s Dragons’ Den program, has emerged as a buyer of the business. Mr. Jones has invested £4mln in Jessops and will by the end of this month have reopened 30 of the 187 stores that were closed in January, re-employing many former Jessops staff in the process. Mr. Jones becomes the Chairman and Chief Executive and has vowed to be closely involved with the business as it is turned around, setting a target of £80 million in sales and 15% share of the U.K. DSLR market in their first year of business. Read more »
Jan 31, 2013
2013 is shaping up to be another challenging year for players in the digital camera market. In 2012, for the first time, the worldwide digital camera market declined. It was a significant decline of 10%. The cause of the decline is linked to the following factors: Read more »
Jan 10, 2013
Yesterday, Jessops and PricewaterhouseCoopers (PwC) announced that Jessops is entering administration (equivalent to Chapter 7 Bankruptcy in the U.S.). Jessops has been an integral part of the U.K. camera market since it was founded by Frank Jessop in 1935. In the early 2000s Jessops went on the acquisition trail and bought up many of the U.K.’s independent camera shops. This led Jessops to become the largest chain of camera specialty retailers with more than 200 stores across the country. In 2002, ABN AMRO acquired the company and 2 years later Jessops went public on the London Stock Exchange. In 2007, just ahead of the Global Financial Crisis, Jessops faced financial trouble and entered into a period of restructuring and negotiations with its creditors. In 2009, Jessops Plc was liquidated and Jessops Ltd was created. Read more »
Jan 9, 2013
This year’s International Consumer Electronics Show (CES) kicked off in Las Vegas on Monday with the press day. CES sets the scene for the technology year ahead. 2012 offered a bumpy ride for many tech companies. Japanese companies in particular felt the squeeze of the strong yen, the China-Japan dispute, restructuring costs and the competitiveness of companies such as Samsung and LG from Korea. This year CES will be the platform to deliver positive messages to shareholders that their plans for the year ahead will turn around their fortunes. Read more »
Dec 6, 2012
InfoTrends is pleased to announce some exciting changes to our European Consumer Information Services. As of Monday, 3rd December, InfoTrends’ introduced two new services: Photo Capture Trends Europe and Photo Output Trends Europe. Read more »