Digital camera sales to near 53 million in 2004

According to a study by the research group InfoTrends worldwide digital camera sales should reach nearly 53 million units sold in 2004. In addition to this digital camera sales are expected to continue to grow and a compound rate of 15% over the following four years reaching an incredible 82 million units sold in 2008. According to InfoTrends the market leaders in 2003 are expected to be Canon, Sony, Olympus, Fujifilm and Kodak with a combined market share of three quarters (75%).

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