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The North American Digital Fine Art Market Opportunity

The North American Digital Fine Art Market Opportunity April 19,

Wednesday, April 19, 2006

The North American Digital Fine Art Market Opportunity April 19, 2006 -- The InfoTrends research report, 2005 Digital Fine Art Market Study, provides insight into the producers of digital fine art, defining who they are, how they defined art, and what types of equipment they used. The study also examines the state of the fine art printing market and uncovers plans for future investments and growth expectations. According to the report, the North American digital fine art printing equipment and supplies market is expected to double over the next four years, reaching $180 million by 2009. One of the leading indicators for growth in the digital fine art market is the aggressive buying expectations users reported for supplies and new hardware. Nearly three-quarters of survey participants said they expected to spend more on fine art printing supplies in the next year than they did in the previous year. One-third of survey participants indicated that they planned to invest in additional hardware for producing digital fine art over the next 12 months. Nearly three-quarters of these respondents expected to purchase a wide format inkjet device.


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