Skip to main content

Pocket Video Camcorder for Web 2.0 Apps

The camcorder market remains one of the most complex and dynamic Consumer Electronic (CE) categories, despite witnessing fairly modest unit growth in recent years. Now, the emergence of a new breed of low-cost, back-to-basics, pocket video camera (PVC) is connecting with consumers. "With the death knell sounding for traditional tape-driven camcorders and DVD giving way to HDD and Flash-based devices, it's the pocket video camera segment that's really leading the charge," says David Watkins, a senior analyst at Futuresource Consulting. Accounting for just 5 percent of total U.S., Japan and Western Europe camcorder shipments in 2006, they expect this to swell to 40 percent by 2010, equating to more than 7 million units shipped across the three regions next year. A range of factors is driving this step change, including the ever-increasing popularity of Web 2.0 sites with video upload capability -- as PVCs simply plug into a computer and the video can be uploaded direct to web. America, the world's largest video sharing population, with more than 50 video uploads per minute to YouTube alone in the first half of last year, is the biggest market for PVCs -- with the UK and Germany leading the way in Western Europe. In addition, low price points, durability and point-and-shoot functionality mean these devices appeal to a broad cross-section of the population. Sports enthusiasts and extreme sports participants, young parents, teenagers, bloggers, vloggers and online social networkers are just some of the groups utilizing the PVC. With embedded or removable flash memory and a stripped-down feature set, PVCs are small enough to qualify as highly portable everyday video camera devices. Non-traditional camcorder brands such as Pure Digital, Aiptek and DXG are currently dominating the PVC segment.

Popular posts from this blog

Industrial and Manufacturing Technology Growth

In an evolving era of rapid advancement, market demand for innovative technology in the industrial and manufacturing sectors is skyrocketing. Leaders are recognizing the immense potential of digital transformation and are driving initiatives to integrate technologies into their business operations.  These initiatives aim to enhance efficiency, reduce costs, and ultimately drive growth and competitiveness in an increasingly digital business upward trajectory. The industrial and manufacturing sectors have been the backbone of the Global Networked Economy, contributing $16 trillion in value in 2021. Industrial and Manufacturing Tech Market Development   This growth represents a 20 percent increase from 2020, highlighting the resilience and adaptability of these sectors in the face of unprecedented challenges, according to the latest worldwide market study by ABI Research . The five largest manufacturing verticals -- automotive, computer and electronic, primary metal, food, and machinery -

Rise of AI-Enabled Smart Traffic Management

The demand for smart traffic management systems has grown due to rising urban populations and increasing vehicle ownership. With more people and cars concentrated in cities, problems like traffic congestion, air pollution, and greenhouse gas emissions are pressing issues. Since the early 2000s, government leaders have been exploring ways to leverage advances in IoT connectivity, sensors, artificial intelligence (AI), and data analytics to address these transportation challenges. The concept of a Smart City emerged in the 2010s, with smart mobility and intelligent traffic management as key components.  Smart Traffic Management Market Development Concerns about continued climate change, as well as cost savings from improved traffic flow, have further motivated local government investment in these advanced systems. According to the latest worldwide market study by Juniper Research, they found that by 2028, smart traffic management investment will be up by 75 percent from a 2023 figure of

AI Software Market will Reach $251 Billion

The growth in Artificial Intelligence (AI) software could lead to many benefits. As more organizations adopt AI, they may become more efficient, productive, and able to offer improved products and services. The global job market could also expand, with demand growing for roles like AI engineers and technicians. Plus, AI apps could enable breakthroughs in fields like healthcare, transportation, and energy. The worldwide AI software market will grow from $64 billion in 2022 to nearly $251 billion in 2027 at a compound annual growth rate (CAGR) of 31.4 percent, according to the latest market study by International Data Corporation (IDC). AI Software Market Development The forecast for AI-centric software includes Artificial Intelligence Platforms, AI Applications, AI System Infrastructure Software (SIS), and AI Application Development and Deployment (AD&D) software (excluding AI platforms). However, it does not include Generative AI (GenAI) platforms and applications, which IDC recent