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Digital Camera Growth Stronger Than Expected: IDC

By TWICE Staff -- TWICE, 8/3/2007

Framingham, Mass. — Digital camera shipments grew 22 percent in the second quarter according to research firm IDC.

Canon led the field with 26 percent of the market, trailed by Sony at 18 percent and Kodak at 12 percent (dropping 15 percent from the first quarter). Samsung bumped off Nikon to claim the fourth spot with a share of 11 percent.

Repeat buyers spurred the roughly 7.8 million digital cameras shipped during the quarter, IDC said.

Growth during the quarter would lead the research firm to upwardly revise its 2007 camera shipment forecast, IDC said.

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