Third of US households with digital cameras to use online photo services
According to InfoTrends/CAP Ventures, 33% of US households with digital cameras are expected to become members of an online photo service in 2004. Digital photographers primarily use online photo services to share their photos, and an increasing number of consumers are uploading more images to share, print, and store. The forecast reports that online print prices are as much as 50% lower than they were just two years ago, and photofinishing revenues in the U.S. are expected to grow 34% between 2003 and 2004. On a worldwide basis, revenue is forecasted to increase at a compound annual growth rate of 41% through 2008.