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Digital Photo Frame Market to Grow by USD 110.4 Million (2024-2028), Driven by Rising Living Standards, with AI Redefining the Market Landscape – Technavio

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NEW YORK, Dec. 2, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global digital photo frame market  size is estimated to grow by USD 110.4 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 2.94%  during the forecast period. Inclination toward high standard of living is driving market growth, with a trend towards introduction of smart digital photo frames. However, supply chain complexity  poses a challenge. Key market players include Aluratek Inc., Creedon Technologies USA LLC, Danfoss AS, Eastman Kodak Co., GiiNii Tech Corp., Glimpse LLC, Hama GmbH and Co KG, Hewlett Packard Enterprise Co., Highland Technologies Ltd., Koninklijke Philips N.V., Lenovo Group Ltd., LG Corp., Netgear Inc., PhotoSpring Inc., Samsung Electronics Co. Ltd., Sony Group Corp., Spheris Digital Ltd., Sungale Inc., ViewSonic Corp., and XElectron Technologies Pvt. Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Distribution Channel (Offline and Online), Source (Electricity-powered and Battery-powered), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Aluratek Inc., Creedon Technologies USA LLC, Danfoss AS, Eastman Kodak Co., GiiNii Tech Corp., Glimpse LLC, Hama GmbH and Co KG, Hewlett Packard Enterprise Co., Highland Technologies Ltd., Koninklijke Philips N.V., Lenovo Group Ltd., LG Corp., Netgear Inc., PhotoSpring Inc., Samsung Electronics Co. Ltd., Sony Group Corp., Spheris Digital Ltd., Sungale Inc., ViewSonic Corp., and XElectron Technologies Pvt. Ltd.

Key Market Trends Fueling Growth

The digital photo frame market is experiencing growth due to the increasing popularity of home automation and smart hubs. Smart digital photo frames, a segment of the digital photo frame market, are benefiting from repeat purchases, particularly in regions like the Americas and Europe. Innovations and technological advances, such as wireless connectivity and IoT integration, are key drivers for these purchases. Smart home technologies, including AI-enabled controllers and hubs, are fueling the adoption of smart and innovative home decor products like digital photo frames. Devices like Amazon Echo and Alexa-enabled frames from NixPlay and PhotoSpring enable users to control their frames remotely via Wi-Fi and voice commands. Uninterrupted connectivity to smart appliances is crucial for handling tasks remotely, and vendors are incorporating Wi-Fi and IoT technologies to differentiate their offerings and attract tech-savvy consumers. The growing popularity of IoT is expected to continue driving the growth of the global digital photo frame market. 

The Digital Photo Frame market is experiencing significant trends in various sectors. Portrait and landscape positions are popular for both tabletop and wall-mounted frames. The smart home market is driving demand, with internet users seeking multifunctional devices. Households and commercial segments, including hotels and restaurants, are key customers. Profit margins are low, making economic recessions challenging. Simple multimedia frames use cameras’ memory cards or built-in memory, while Bluetooth technology enables wireless image transfer. Traditional advertising is being replaced by low-cost digital displays from brands like Sylvania, Nixplay, Micca Electronics, Tenker, Danfoss, and Frame. Urbanization and emerging countries expand the general population’s disposable incomes, increasing demand. A holistic evaluation of Digital Picture Frames and Digital Media Frames as image screens for digital images reveals a substantial role in our modern lifestyle, replacing monitors and printers with gadgets that are more convenient and cost-effective. 

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Market Challenges

Inventory management is a vital strategy for digital photo frame vendors, as consumer preferences for home decor items, including digital photo frames, change rapidly. Home decor suppliers and manufacturers must adapt to small orders from wholesalers and retailers and expedite inventory turnaround times to meet demand. This puts pressure on raw material, quality control, transportation, and labor costs. Many digital photo frame manufacturers have shifted production from China due to rising energy prices, manufacturing costs, and trade barriers. Strong supply chain relationships are crucial for inventory management, with retailers being the primary concern due to slow adoption of digital photo frames. Retailers manage thousands of items across various product lines and categories, requiring efficient merchandise planning that aligns with demand forecasts. Merchandising management is critical, as retailers may regularly extend or drop entire categories or lines due to changing consumer needs. Inefficient merchandising management, coupled with slow adoption, hinders the growth of the global digital photo frame market. Digital photo frame retailers have responded by developing in-house or third-party IT tools to improve manufacturing and distribution processes, such as Inventory Management Systems (IMS), Warehouse Management Systems (WMS), Distribution Centre Delivery Systems, point-of-sale terminals, systems for communication with stores, and in-store product labeling systems. Sourcing is also a significant challenge, with the ability of countries like Brazil, India, South Africa, and Russia to handle digital photo frame production impacting delivery schedules. Local and regional sourcing companies have emerged to reduce the risk of changing laws, currency rates, and transportation efficiency for private-label digital photo frames.The Digital Photo Frame market faces challenges in various sectors. For consumers, portrait and landscape positioning are crucial for displaying photos optimally. Tabletop and wall-mounted frames cater to different needs in the household sector. The smart home market presents opportunities, with internet users seeking multifunctional devices. However, the market’s low profit margin and economic recession pose challenges. Simple multimedia frames with built-in memory or Bluetooth technology are popular among the general population. Companies like Sylvania, Nixplay, Micca Electronics, Tenker, Danfoss, and Frame offer various options. Commercial segments, including hotels and restaurants, use digital picture frames for advertising. Emerging countries and urbanization expand the customer base. Traditional advertising and low-cost digital displays compete with high-end frames. Holistic evaluation of digital media frames, image screens, monitors, and printers is essential for market success.

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Segment Overview 

This digital photo frame market report extensively covers market segmentation by

Distribution Channel1.1 Offline1.2 OnlineSource 2.1 Electricity-powered2.2 Battery-poweredGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Offline-  The Digital Photo Frame market is growing steadily, with increasing demand for innovative and user-friendly products. Companies are focusing on improving image quality and adding features like Wi-Fi connectivity and motion sensors. Consumers appreciate the convenience of remotely uploading and displaying their cherished memories. Market size is expected to expand due to rising disposable income and the trend towards digitalization. Competition is fierce, with major players like Samsung, Kodak, and Pix-Star offering diverse product lines. Companies are also exploring partnerships with social media platforms to enhance user experience.

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Research Analysis

The Digital Photo Frame market is experiencing significant growth due to the increasing disposable incomes of customers and the urbanization trend in emerging countries. A digital photo frame is more than just a display for photos; it’s a holistic evaluation of modern technology and art. With an image screen replacing the traditional Photo Frame, digital media frames have taken center stage. The integration of cameras’ memory cards, built-in memory, and Bluetooth technology has made these frames more versatile and user-friendly. Households and commercial segments, including hotels and restaurants, have found substantial roles for these frames in their spaces. Brands like Sylvania, Nixplay, Micca Electronics, and Tenker have emerged as key players, offering a range of low-cost digital displays for various applications, challenging traditional advertising methods. Danfoss, a leading engineering company, has also entered the market with its digital media frames, adding to the competition.

Market Research Overview

The Digital Photo Frame market is experiencing significant growth, driven by increasing disposable incomes and urbanization in emerging countries. This market caters to customers seeking to showcase their digital images in a more sophisticated way than traditional photo frames. A holistic evaluation of the market reveals a substantial role for digital picture frames and digital media frames, which offer an image screen for displaying digital images. These gadgets can be placed on tables or walls in portrait or landscape position and are gaining popularity in the smart home market. The market also includes multifunctional devices that serve as monitors, printers, or even smart tabs. The household sector and commercial segment, including hotels, restaurants, and traditional advertising, are key areas for growth. However, the market faces low profit margins and economic recession challenges. Simple multimedia devices with built-in memory or cameras’ memory cards and Bluetooth technology are popular features. Companies like Sylvania, Nixplay, Micca Electronics, and Tenker have made significant strides in this market, offering low-cost digital displays for the general population.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Distribution ChannelOfflineOnlineSourceElectricity-poweredBattery-poweredGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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StoneAge Named a 2025 Real Leaders® Top Impact Company Recognized for Producing Ownership Mindset and Purpose-Driven Leadership

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StoneAge, a global leader in industrial waterblast equipment, is proud to announce its inclusion in the Real Leaders® Top Impact Companies 2025 list, ranking 35th in the top 50 companies recognized. In addition to this prestigious award, StoneAge is also a finalist for the Top People award, which will be announced the first week in February. This recognition highlights the company’s dedication to fostering an ownership culture and driving positive change through its innovative Employee Stock Ownership Plan (ESOP).

DURANGO, Colo., Jan. 10, 2025 /PRNewswire-PRWeb/ — StoneAge, a global leader in industrial waterblast equipment, is proud to announce its inclusion in the Real Leaders® Top Impact Companies 2025 list, ranking 35th in the top 50 companies recognized. In addition to this prestigious award, StoneAge is also a finalist for the Top People award, which will be announced the first week in February. This recognition highlights the company’s dedication to fostering an ownership culture and driving positive change through its innovative Employee Stock Ownership Plan (ESOP).

“We are thrilled to be recognized as a 2025 Top Impact Company by Real Leaders®,” said Kerry Siggins, President and CEO of StoneAge. “Our ongoing focus on building an ownership culture and creating a workplace where everyone thrives is a significant driver in our achievement of this award.”

The Real Leaders® Impact Awards celebrate companies committed to putting a dynamic spin on capitalism to solve the world’s greatest challenges. StoneAge’s commitment to building a better, more sustainable future is rooted in its unique ownership model and core values of teamwork, self-leadership, and delivering on the StoneAge Assurance Promise.

“We are thrilled to be recognized as a 2025 Top Impact Company by Real Leaders®,” said Kerry Siggins, President and CEO of StoneAge. “Our ongoing focus on building an ownership culture and creating a workplace where everyone thrives is a significant driver in our achievement of this award. We are proud to be an employee-owned company where everyone shares in the success of the company. Our “Own It” culture and employee ownership plan are changing peoples’ lives.”

As a 100% employee-owned company, StoneAge continues to set the standard in its industry, proving that purpose-driven leadership and economic success go hand in hand. This recognition by Real Leaders® reinforces StoneAge’s commitment to making a lasting, positive impact on its employees, customers, and the world at large.

About StoneAge

StoneAge, based in Durango, CO, is a leading manufacturer of industrial waterblast equipment. The company is 100% employee-owned, fostering an “Own It” culture that empowers its team to excel personally and professionally.

About Real Leaders®

Real Leaders® is the premier platform for purpose-driven leaders dedicated to creating a better world. Its annual Top Impact Companies list recognizes businesses leading the way in positive global impact.

Media Contact
Brittany Harris, StoneAge Inc, 1 9702592869, brittany.harris@stoneagetools.com, www.stoneagetools.com

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SOURCE StoneAge Inc

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Cognizant CEO Ravi Kumar S Honored with Prestigious Pravasi Bharatiya Samman Award

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BHUBANESWAR, India, Jan. 10, 2025 /PRNewswire/ — Ravi Kumar S, CEO of Cognizant, a leading global technology company, has been honored with the prestigious Pravasi Bharatiya Samman Award, the highest accolade awarded by the Government of India for overseas Indians. The honor was conferred by Smt. Droupadi Murmu, President of India at the Pravasi Bharatiya Divas Convention in Bhubaneswar, Odisha. The award acknowledges the outstanding contributions of the Indian diaspora for creating a better understanding of India abroad, supporting India’s causes and working for the welfare of the Indian community.

“I am deeply honored to receive the Pravasi Bharatiya Samman Award,” said Ravi Kumar S, CEO, Cognizant. “This recognition is a reflection of Cognizant’s steadfast commitment to India’s growth story. With nearly 70% of our 340,000-strong global workforce based in India, we are focused on advancing AI-first capabilities, driving innovation, and reinforcing India’s position as a global leader in digital talent.”

Ravi began his distinguished career as a nuclear scientist at the Bhabha Atomic Research Center of India. His dedication to empowering both current and future talent for the jobs of tomorrow through comprehensive skilling has been a cornerstone of his career. He is also a strong advocate for social and economic mobility, championing programs that elevate education, upskilling, and the empowerment of women, especially through public-private partnerships.

Under Ravi’s leadership, Cognizant launched the groundbreaking Synapse initiative in 2024, aiming to train one million people globally in emerging technologies by 2026, with a special emphasis on AI and a focus on India. The initiative has already reached over 275,000 individuals. Synapse builds on Cognizant’s longstanding commitment to economic mobility, supported by over $70 million in philanthropic funds through 117 grants to 77 organizations globally.

For the past three decades, Cognizant has been integral to India’s growth story and is the second-largest multinational employer in the Indian technology sector. Additionally, the company, through its Foundation in India and employee-volunteering program – Cognizant Outreach, has been dedicated to uplifting underserved communities and improving everyday lives.

Ravi was named CEO of Cognizant in January 2023 and joined the board of directors for the US-India Strategic Partnership Forum in 2024. He is a member of the board of directors of TransUnion. He is also on the board of governors of New York Academy of Sciences and the board of directors for the U.S. Chamber of Commerce. His full biography can be viewed here.

For the last 30 years, Cognizant has helped companies modernize technology, reimagine processes and transform experiences so they stay ahead in an ever-changing world. By leveraging cutting-edge digital technologies like AI, cloud, and process automation, Cognizant delivers industry-specific solutions through the expertise of its global workforce, helping clients engineer intuition into their businesses. With headquarters in the US, Cognizant footprint extends from India to Europe, North America, South America and the Middle East. In India, the company has a strong presence in Bengaluru, Bhubaneswar, Chennai, Coimbatore, Delhi-NCR, Hyderabad, Indore, Kochi, Kolkata, Mangaluru, Mumbai, and Pune.

About Cognizant 
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes, and transform experiences to stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.

For more information, contact:

U.S.

Name Bill Abelson

Email william.abelson@cognizant.com

Europe / APAC

Name Christina Schneider

Email christina.schneider@cognizant.com

India

Name Rashmi Vasisht

Email rashmi.vasisht@cognizant.com

 

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SOURCE Cognizant Technology Solutions Corporation

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“Transform IT. Transform Everything:” Info-Tech LIVE 2025 Registration Opens for June 2025 IT Conference in Las Vegas

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Info-Tech Research Group has opened registration for its flagship event, Info-Tech LIVE 2025, taking place June 10–12 at The Bellagio, Las Vegas. The conference will bring together more than 3,000 IT leaders and experts to explore actionable strategies and insights under the theme “Transform IT. Transform Everything.”

TORONTO, Jan. 10, 2025 /PRNewswire/ – Info-Tech Research Group, a global leader in IT research and advisory, has announced that registration is now open for Info-Tech LIVE 2025, the premier event for IT leaders, set to take place June 10–12 at The Bellagio in Las Vegas. With this year’s theme, “Transform IT. Transform Everything.”, the conference is set to deliver actionable insights, hands-on sessions, and unparalleled networking opportunities designed to equip attendees with the tools and strategies to navigate today’s rapidly evolving IT landscape.

Building on the massive success of last year’s event, Info-Tech LIVE will bring together over 3,000 IT executives, offering a platform for learning, collaboration, and inspiration. Attendees can look forward to 50+ keynote sessions, 60+ industry roundtables and panels, 60+ breakout and workshop sessions, and more than 700 opportunities for one-on-one analyst discussions. LIVE 2025 also provides extensive opportunities for peer-to-peer networking, fostering meaningful connections and collaborative discussions within the IT space.

“LIVE 2025 is designed to empower IT leaders to drive meaningful change within their organizations by equipping them with actionable strategies to tackle today’s challenges and seize tomorrow’s opportunities,” says Info-Tech Research Group’s Chief Research Officer, Gord Harrison. “While our theme for LIVE 2025 is ‘Transform IT. Transform Everything.,’ we are also emphasizing our subtheme, ‘Research for Everyone.’ This approach highlights the importance of empowering entire teams, not just individual leaders. True IT transformation happens when CIOs invest in upskilling their teams, fostering collaboration, and enabling everyone to contribute to innovation that reshapes organizations as a whole.”

Info-Tech LIVE 2025 Preliminary Agenda Highlights

LIVE 2025 will feature sessions tailored to IT leaders that focus on pressing topics and address real-world challenges, ensuring attendees leave equipped with solutions that translate theory into action. Some of the main sessions will highlight:

Emerging Technology Trends: An exploration of advancements shaping the IT landscape, with a focus on their implications for organizational strategy and innovation.AI and Analytics Strategies: Practical insights into implementing AI solutions and leveraging analytics to improve decision-making and drive business innovation.Cybersecurity Challenges and Resilience: Frameworks and approaches for managing risk and enhancing resilience in an increasingly complex cybersecurity environment.Leadership Development and Talent Strategies: Strategies for building and sustaining high-performing IT teams while addressing workforce challenges and future talent needs.Operational Efficiency and IT Transformation: Guidance on optimizing IT processes to align with broader organizational goals and achieve operational excellence.

What Info-Tech LIVE 2025 Offers the IT Industry

Expert-Led Keynotes and Panels: Sessions led by industry experts and thought leaders, offering insights into critical trends and strategies shaping the future of IT.Hands-On Workshops: Interactive sessions designed to equip participants with practical strategies and tools to address organizational challenges effectively.Peer Networking: Opportunities to connect with IT professionals and executives from a wide range of industries, fostering collaboration and knowledge sharing.One-on-One Analyst Discussions: Personalized sessions with Info-Tech’s renowned analysts, providing tailored guidance and actionable insights to support strategic initiatives.

Media Pass Applications

Media professionals, including journalists, podcasters, and influencers, are invited to attend Info-Tech LIVE 2025 to gain exclusive access to research, content, and interviews with industry leaders. For those unable to attend in person, Info-Tech offers a digital pass option, providing access to live-streamed keynotes, select sessions, and exclusive virtual interviews with speakers and analysts.

Media professionals looking to apply for in-person or digital passes can contact pr@infotech.com to secure their spot and cover the latest advancements in IT directly from the event or remotely.

Exhibitor Opportunities

Exhibitors are also invited to be part of Info-Tech LIVE and showcase their products and services to a highly engaged audience of IT decision-makers. For more information about becoming an Info-Tech LIVE exhibitor, please contact events@infotech.com.

Further details on keynote speakers and agenda will be announced in the coming weeks and months. Follow Info-Tech Research Group on LinkedIn and X for updates.

About Info-Tech Research Group

Info-Tech Research Group is one of the world’s leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech’s divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software-buying insights. 

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com.

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SOURCE Info-Tech Research Group

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