For this writing assignment, I have selected Digital Camera Industry, which is a somewhat new industry, and its stem turns derive from Photographic Equipment & angstrom; Electronics Industry. Here, I plan to examine the innovations that occurred since the year 2000 and determine which association or companies have innovated and what their impact has had on the industry. Also, I will talk well-nigh entry barriers to this merchandiseplace and major product differentiation campaign. Welcome to the new millennium. As you have noticed, many innovations rolled in as we entered the new century, one of them being a Digital Camera, which is currently a hot item and is on everyones wish list. Before I go into details, let me root tell you about the Photographic Equipment & Electronics Industry. In new-fangled 1800s and aboriginal to mid(prenominal) 1900s, people used still moving-picture show cameras that veritable righteous now black and white photos. In the mid to tardily 1900s, seeming photography dominated the commercialise, and in recent 1980s, the first instantaneous color photo camera was veritable by Polaroid. totally these innovations were great, but it doesnt come close to what was developed in late 1990s and boomed in early 2000: the invention of a digital camera.
Yes, its honest that the good quality digital camera is expensive, but thats just one of the things consumers have to think about in purchase this luxury item. According to 2000 statistics, Sony, Olympus, Canon, Fuji and Kodak, which are the market leaders, transfix about 65% of the digital mar ket industry. Sony alone, the market leader! , had 35% of revenues. In early 2002, the same five companies accounted for half(a) of the total market; thus we see the fierce emulation for digital cameras. We intelligibly see what has happened: new entry barriers (primarily from Asia and Europe) happened during these two... If you compulsion to get a full essay, order it on our website: BestEssayCheap.com
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