From the May-14, 2008 issue of Credit Union Times Magazine • Subscribe!
Global Imaging Market
WELLESLEY, Mass. -- The global market for imaging components was worth $40.4 billion in 2007 and is expected to grow to $58.7 billion by 2012, according to a new technical market research report from BCC Research (www.bccresearch.com). The new report said image analysis will have the largest share of the market by then, followed by image display and then image capture. While image capture technology captures the headlines in credit union land, BCC Research cited advances in medical diagnostic and therapeutic methodologies, the adoption of rich multimedia capabilities in wireless telephone applications and the increasing acceptance of high-definition TV as primary contributing factors to the overall growth of global imaging components sales.