10-02-2007, 10:52 AM
Quote:Digital photo frame products surfaced briefly during 1999 to 2001 and created significant market buzz, but not meaningful sales. Subsequently, two out of the six vendors, Digi-Frame and Weave Innovations, went out of business; Sony and Kodak exited the market, and VideoChip scaled back and changed focus. Only Ceiva Logic survived, though it spent the next three years in the doldrums...
By any measure, 2006 was a watershed year for the digital photo frame market. Sales in the first half of 2006 inherited the normal growth curve that most vendors saw over the previous two years: steady increases of over 25 percent on a year-over-year basis. However, during the second half of 2006, especially the fourth quarter of 2006, sales skyrocketed to a record level, with most vendors reporting triple digit unit growth on a semi-annual basis...
Confirming a long-held belief among most vendors, the majority of digital photo frames were purchased by gift shoppers...
full article: http://ecommercetimes.com/story/GnDruSVY...Year.xhtml