Connected Digital Photo Frames: Industry Report Validates CEIVA’s 9 Year Old Vision
July 15th, 2009 | Author: CeivaJoe
ELECTRONICS.CA PUBLICATIONS, an electronics industry market research group, recently announced the availability of a new report they have compiled entitled “Wi-Fi Represents Strongest Opportunity in Global Connected Digital Photo Frame Market”.
According to the report, in the first half of 2009 prices for digital photo frames have dropped to affordable levels causing the market for digital photo frames to take-off. However, due to the down turn in economic conditions and the trend to purchase digital photo frames as gifts, pre-loaded with personal pictures, most units purchased are still quite basic and lack advanced features such as connectivity to the Internet.
The report also states that it is expected that wireless-enabled internet connected photo frames will be a key growth sector and will grow at two times the rate of overall digital photo frames in 2010.
The report also goes on to make the following points:
• Worldwide unit shipments of all digital photo frames are expected to reach 50 million by 2013.
• Nearly 60% of US respondents to consumer survey identified integrated wireless connectivity as a desired feature on their next digital photo frame purchase.
• The total silicon opportunity for digital photo frame suppliers will exceed $550 million by 2013.
• Microcontrollers comprise the largest opportunity in non-wireless enabled devices.
• The BOM for a wireless 8-inch digital photo frame will fall below US$36 by 2013; the LCD, with the wireless module and the enclosure being the dominant cost items.
So while more frames will become connected to the internet, the industry still has yet to understand the value of having frames connected to each other. The importance of sharing photos easily across family & friends’ networked frames, via a secure sharing service such as CEIVA Picture Plan, is the primary reason why CEIVA owners value being “connected.”
Further details of Electronics.ca new Digital Photo Frame Industry Report’s table of contents and ordering information can be found on HERE on their web site.
So until the next post… that’s what CeivaJoe knows!
