According to the latest research from Strategy Analytics, worldwide camera phone sales will exceed 1 billion units for the first time in 2011. The fastest growing segment will be the high-tier camera phone market with sensors of eight megapixels and above.
Neil Shah, Analyst at Strategy Analytics, said, "We forecast worldwide camera phone sales to grow 21 percent from 918 million units in 2010 to 1114 million units in 2011. This year will be the first time annual volumes of camera phones have exceeded the 1-billion mark. Some 4.2 billion camera phones have been sold cumulatively worldwide since 2000 and they are one of the most successful mobile products ever developed."
Neil Mawston, Director at Strategy Analytics, added, "The fastest growing segment of the camera phone market will be the high-tier. We forecast camera phones with sensors of eight megapixels and above to grow a healthy 240 percent worldwide during 2011. Smartphone vendors, such as Nokia and HTC, are increasingly loading their flagship models with more megapixels to deliver improved imaging quality for premium operator services like augmented reality."
Source: Cellular News