April 30, 2012 06:08 ET

Market Research Forecasts Digital Photography Market at $82 Billion by 2016

ROCKVILLE, MD--(Marketwire - Apr 30, 2012) - has announced the addition of the new report "Digital Photography: Global Markets," to their collection of Computer Equipment market reports. For more information, visit

The global digital photography market was valued at $65.6 billion in 2010 and $68.4 billion in 2011. By 2016, the digital photography market should reach $82.5 billion, a 3.8% compound annual growth rate (CAGR) between 2011 and 2016.

Cameras and lenses account for the bulk of the photography market, representing 55% of global sales. This market segment was valued at $37.6 billion in 2011, and is expected to grow at a CAGR of 5.8%, reaching $49.8 billion in 2016.

The photo print industry is struggling to maintain growth. In 2016, the segment is expected to slide in sales, decreasing to $24.7 billion, down from $25 billion in 2011.

For more information, visit

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