Camera Phones to Steal Low-End Digital Camera Market within Two Years

Within two years, low-end camera phones will take much of the market share now held by low-end standalone digital cameras. ABI Research principal analyst of global wireless operator research Kenneth Hyers says, "We believe that within the next two years, the quality of a mobile phone camera will be such that people won't need low-end standalone digital cameras. This will dramatically impact camera sales." [via Cellular News]

Related: Global sales of cameraphones surpassed sales of conventional digital cameras in the first half of 2003, a milestone in the mobile-phone industry.

emily | 12:21 PM | News, Buzz |
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