New Industry Report From Imerge Consulting Group Forecasts Higher ASPs and Revenue for Consumer Digital Camera Vendors

Belmont, CA (March 11, 2003) -- A new report from Imerge Consulting Group - The Worldwide Consumer Digital Camera Forecast and Market Overview, 2002 - 2007 asserts that worldwide consumer digital camera unit sell-through in 2002 grew at a healthy 25.5% yearly growth rate amassing .6B in street valued revenue. The consumer digital camera market continued to be the third highest growth sector of IT in 2002. Throughout Q-1 to Q-3 of 2002, DSC unit sell-through growth remained around 18% to 19% and in Q-4, cash-outs from refinancing provided enough buying power for consumers to spend, increasing this rate up to 24.6% in North America.

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