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IDC says smartphone shipments to grow in holiday quarter Market research Marketing 

IDC says smartphone shipments to grow in holiday quarter

Following a stronger than expected third quarter, the global smartphone market is expected to return to growth during the holiday quarter this year, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. The IDC predicts smartphone shipments are forecast to grow 2.4% year over year in the fourth quarter, followed by 4.4% year-over-year growth in 2021. The market... Read More
NRF: October retail sales grew as consumers started holiday shopping early   Market research Marketing 

NRF: October retail sales grew as consumers started holiday shopping early  

Retail sales grew for the sixth month in a row in October, with sales significantly better than the same time a year ago as the economy continued to recover and consumers began their holiday shopping early, reported the National Retail Federation (NRF). “We are encouraged by another positive retail sales number for October — the sixth consecutive positive monthly gain... Read More
NRF Chief Economist ‘cautiously optimistic’ about holiday sales Market research 

NRF Chief Economist ‘cautiously optimistic’ about holiday sales

Consumer spending has recovered from the coronavirus pandemic more quickly than expected, but forecasting 2020 holiday sales is like assembling a jigsaw puzzle without all the pieces, according to Jack Kleinhenz, chief economist, National Retail Federation (NRF). “Completing a puzzle is highly probable given patience, having all the pieces and having the picture on the box to guide assembly,” Kleinhenz... Read More
VR headset market growth expected despite short-term decline, according to IDC Market research News 

VR headset market growth expected despite short-term decline, according to IDC

The market for virtual reality (VR) headsets is expected to decline 6.7% in 2020 before returning to double-digit growth of 46.2% in 2021, according to the International Data Corporation (IDC) Quarterly Augmented and Virtual Reality Headset Tracker. The market has faced a temporary setback this year as supply chain disruptions impacted volumes in the early months and expected product transitions have... Read More
NRF: August retail sales grow as pandemic recovery continues   Market research 

NRF: August retail sales grow as pandemic recovery continues  

Retail sales continued to recover from the coronavirus pandemic in August, showing a gradual improvement from July and larger gains year-over-year, according to the National Retail Federation (NRF). “While August retail sales numbers were a bit mixed, we believe the consumer is resilient and is in good shape as we head into the holiday season,” NRF President and CEO Matthew... Read More
Photo merchandise market expected to return to growth in 2021, according to Rise Above Research Market research 

Photo merchandise market expected to return to growth in 2021, according to Rise Above Research

The U.S. photo merchandise market has had an uncharacteristically down year in 2020, due to the COVID-19 pandemic, but according to Rise Above Research, photo merchandise product sales are expected to recover quickly and return to growth in 2021. “Photo merchandise product sales have certainly been impacted by COVID-19, but the market has shown its resiliency amid significant challenges,” said... Read More
Global smartphone shipments expected to drop nearly 10% in 2020, says IDC Market research News 

Global smartphone shipments expected to drop nearly 10% in 2020, says IDC

The worldwide smartphone market is forecast to decline 9.5% year over year in 2020 with shipments totaling 1.2 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. While the second quarter of 2020 (2Q20) resulted in slightly better than expected numbers, the market was still down 17% year over year with visible signs of economic concerns.... Read More
Rise Above Research forecasts global camera sales to drop 37% this year Market research 

Rise Above Research forecasts global camera sales to drop 37% this year

Fueled by the impacts of the ongoing COVID-19 pandemic, the global digital camera market will see its largest sales drop in history, according to Rise Above Research’s new 2020 Worldwide Digital Camera Forecast. The market will decline 37% overall, compared to 2019. Many factors are behind this decline, including the predominance of smartphones, the perceived lack of and economic impacts resulting... Read More
Dead Pixels Society Podcast: Rise Above Research Market research News Podcasts 

Dead Pixels Society Podcast: Rise Above Research

Gary Pageau of the Dead Pixels Society talks with the co-founders of the new imaging industry marketing research company, Rise Above Research. Ed Lee, founder and director, has more than 20 years of experience covering the consumer and professional digital photography and imaging markets as an industry analyst and market researcher.  David Haueter has 20 years of experience as an industry analyst, with stints at Gartner and Keypoint Intelligence -InfoTrends, primarily... Read More
Consumers are unaware of personal data loss remedies Market research 

Consumers are unaware of personal data loss remedies

Data loss can have serious implications for any person, especially for precious memories in the form of family photos or videos. According to the recent Data Recovery Survey 2020 conducted by CleverFiles, the creators of file recovery software Disk Drill, 63% of respondents have recently lost their personal digital data, and 42% of them weren’t able to recover their data. Moreover, 18%... Read More
Huawei lands top spot in second quarter smartphone market Market research 

Huawei lands top spot in second quarter smartphone market

Worldwide smartphone shipments decreased 16.0% year over year in the second quarter of 2020 (2Q20), according to preliminary data from the IDC Worldwide Quarterly Mobile Phone Tracker. In total, companies shipped 278.4 million smartphones during 2Q20. Although this a larger decline than in the first quarter, it was expected as major economies around the globe were in lockdown for the majority... Read More
Rise Above Research says special memories drive photo printing/product opportunities Market research 

Rise Above Research says special memories drive photo printing/product opportunities

The 2010s were the most photographed decade in history, according to Rise Above Research, with more than 8.6 trillion photos were captured globally by film cameras, digital cameras, feature phones, smartphones, and tablets between 2010 and 2019. That’s seven times more photos than the previous decade. Rise Above Research estimates that less than 5% of photos taken in the last... Read More
NRF chief economist says pandemic recession could be easing but ‘no one has a crystal ball’ Market research News 

NRF chief economist says pandemic recession could be easing but ‘no one has a crystal ball’

The economic downturn brought on by the coronavirus pandemic was officially declared a recession, but National Retail Federation Chief Economist Jack Kleinhenz said the key question is how long it will last. “Will this recession be briefer than earlier recessions?” Kleinhenz said. “No one has a crystal ball. And just as it can take months to be certain a recession... Read More
NRF: May retail sales improve dramatically over April but still lag from 2019 Market research 

NRF: May retail sales improve dramatically over April but still lag from 2019

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, according to the National Retail Federation (NRF). “Today’s sales report is very encouraging news at a time when we need to focus on what will happen as... Read More
Rise Above Research says North American digital camera sales to decline 28% in 2020 Market research News 

Rise Above Research says North American digital camera sales to decline 28% in 2020

Rise Above Research, the new industry research firm, predicts a 28% decline in camera sales for North America this year, followed by a rebound in 2021. In 2021, North American camera sales will generate almost $2 billion in revenue. Digital camera sales have been on the decline for the last ten years, as the saturation of smartphones has dramatically reduced the... Read More