U.S. photo messaging market to reach $440M by 2008

More happy forecasting. In yet another study, this time by the Zelos Group, the U.S. market for photo messaging services is expected to grow from $10.3 million in 2003 to $440 million by 2008.

The study predicts that in the short term camera phones will not replace high quality digital cameras. Camera phones will be used for social interaction and for posting quick pictures to the Web.

The study does predict that the market will eventually emerge for high-end digital camera phones, but that these handsets will not arrive in the U.S. in volume for 18 months. High-end camera phones will not rival stand-alone digital cameras until 2005, reports Fierce Wireless

emily | 4:53 PM | Random Stats |
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