Euro digicam market € 3.6 billion by 2005

The European Low-End (sub 1,000 Euro) Digital Camera Market is set to grow 55% annually through 2005 to reach 3.6 billion Euro according to an InfoTrends report. "The European market is often characterized as solely demanding superior image quality and high resolution. However, it is now ready to adopt digital cameras that offer basic point & shoot capabilities and deliver sufficient image quality for sharing digital photos via the Internet,'' says Michelle Lampmann, market research analyst for InfoTrends Research Group. "This turning point is a result of the increasing PC penetration and Internet connectivity.''

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