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Photofinishing in the US
IBISWorld, Feb 2012, Pages: 35
Digital darkrooms: Technology and competition combine to constrict revenue
Photofinishing in the US
Casualty of the digital age
The dominance of digital cameras, ubiquity of online photo sharing and rising external competition have combined to gut the Photofinishing industry's revenue since 2005. Such technological trends have caused consumers to demand fewer photofinishing services because, through these devices and platforms, they can share, display and manipulate pictures faster and cheaper than sending them to a photofinishing lab. Also, images in such formats can be printed selectively, which reduces the need to print entire rolls of film while decreasing the number of prints consumers demand.
The Photofinishing industry develops digital and film images to produce slides, prints and backup copies in digital or film forms. The industry excludes companies that offer their services exclusively online and stores that offer printing services in addition to their primary means of earning revenue.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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