600million Camera Phones in 2010

October 10, 2006 -- Lyra Research forecasts that the installed base of camera phones in the Asia-Pacific region will grow at a compound annual growth rate (CAGR) of 21.9 percent from 2005 to 2010, topping 600 million camera phones in 2010.

While camera phone adoption in Japan and Korea has been firmly established, China and India represent two emerging markets poised for explosive growth. Large areas of these two countries are skipping right over wireline telephone systems and going straight to mobile infrastructure.

Despite the fact that fewer handset models designed for these markets have camera functionality, the portion of low-cost handsets with basic cameras is sufficiently high that, over the next decade, Lyra expects hundreds of millions of people in these emerging markets will not only have their first telephone experience via a mobile phone, but also their first camera experience.

Lyra's new report Pictures at Hand: 2006 Worldwide Camera Phone Market Report presents a worldwide view of camera phone and image capture and print forecasts, market trends, and analysis of the future for camera phones worldwide.

Pxidigital and Digital Futures China are poised to take advantage of this "explosive growth" by offering the world's most advanced digital photo hub and digital media hub for deployment in China.

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