19 June 2019, The global
digital photo frame market is subject to witness a substantial growth due to the increasing
demand for electronic picture frames coupled with recent technological
advancement technologies such as instant image sharing via cloud platform. In
addition, rise in domestic as well as international tourism is expected to
drive market demand for digital photo frame over the forecast period.
Factors responsible for
sustained market growth include robust growth in even management and tourism
sector across the globe in the past few years. Increase in the number of
hotels, holidays, parties, weddings and global events is expected to drive the
growth of the market over the forecast period. Globally, market is predicted to
generate massive revenue over next five years, providing numerous opportunities
for market players to invest for research and development in the digital photo
frame market.
A digital photo frame is
designed specifically to display digital photos. A digital photo frame does not
require a computer or printer to display digital photo. A digital photo frame
is referred as a digital media frame. However, digital photo frame can only
display stable and stationary images. Use of digital photo frames provide
aesthetically appealing display to photographs and power system designed for
longer use. These factors are contributing significantly to the future market
growth of digital photo frame industry in the past few years.
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| Digital Photo Frame Industry |
Digital photo frames typically
classified as per different shapes and sizes with a range of exclusive
features. Digital photo frames are capable of playing along with displaying
stationary photographs. Other feature of digital frames include utilization of
Wi-Fi connection, cloud storage, USB and SD card hub.
The market is broadly categorized into
major segments based on the type of base material such as plastic, metal, wood
and glass. The metal digital photo frame is considered as one of the faster
growing segment in the market with substantial revenue generation in the last
few years.
The market is divided by region as
North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation
of latest technologies, increase in the number of research & development
activities in the region and existence of well-established infrastructure.
European region is expected to lead digital photo frame market over the upcoming
years owing to rise in the international tourism activities and increase in the
popularity of digital photo cards.
Asia-Pacific region is predicted to
hold major market share in the digital photo frame market with massive growth
in forecast period. Countries such as India, China, Japan, South Korea,
Malaysia and Singapore are leading the Asia-Pacific market with rising
disposable income, improved living standards, higher purchasing power among
general population, and significant investment by leading industry players
considering potential growth opportunities in the region.
The key players in the digital photo
frame market are Eastman Kodak Company, Hewlett-Packard Development Company,
L.P., Koninklijke Philips N.V., Samsung Group, Inc., and Sony Corp.
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