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Digital Photo Frame Market size is set to grow by USD 118.1 million from 2025-2029, inclination toward high standard of living boost the market- Technavio

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NEW YORK, Jan. 28, 2025 /PRNewswire/ — The global digital photo frame market size is estimated to grow by USD 118.1 million from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 3.1% 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 NV, 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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Digital Photo Frame Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 3.1%

Market growth 2025-2029

USD 118.1 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.0

Regional analysis

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

Performing market contribution

North America at 37%

Key countries

US, China, France, UK, and Japan

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 NV, 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.

Market Driver

The Digital Photo Frame market is experiencing significant growth due to the digitization trend and the increasing popularity of Wi-Fi capabilities, smart home integration, and high-resolution displays. Weddings, gift-giving occasions, and the preservation of family memories are key drivers for this market. Smart TVs and other smart home gadgets like Amazon Alexa are integrating digital frames into their ecosystems, providing new marketing opportunities for brands. High-quality displays and photo management features are essential for consumers looking to showcase their digital media. The market for digital frames includes various types such as wall-mounted and table-mounted, as well as innovative designs like mirrors. The emergence of USB and cloud storage options, as well as multifunctional devices, are also contributing to the market’s growth. Despite the low-profit margin, the disposable income of internet users and the rapid urbanization trend are creating new revenue pockets. However, trade regulations and economic recessions may impact the market’s profitability. The value chain optimization of digital frames, from display technology to brand engagement, is crucial for market success. 

The digital photo frame market has experienced notable growth due to the increasing popularity of home automation and smart hubs. Smart digital photo frames represent a significant portion of this market. Repeat purchases drive sales in regions like the Americas and Europe, fueled by continuous innovation and technological advancements. Homeowners are increasingly adopting smart and innovative home decor products, such as digital photo frames, in conjunction with AI-enabled smart home controllers and hubs, enabling remote control of these devices. 

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Market Challenges

The Digital Photo Frame market is experiencing significant growth due to the digitization trend and the increasing number of internet users. Weddings and gift-giving occasions are key sales drivers. Challenges include wi-fi capabilities, smart home integration, and competition from smart TVs and other smart home gadgets. High-resolution display and photo management are crucial features. Brands are focusing on marketing through showrooms and automation systems. Technological advancements like Amazon Alexa and Google Photos integration are important. USB and memory card compatibility are essential. The market faces low-profit margins due to disposable income levels. Emerging revenue pockets include digitization, home automation, and multifunctional devices. Trade regulations and economic recession pose challenges. The market includes various types of frames like wall-mounted and table-mounted, and designs ranging from traditional to digital media frames. Quality, preservation, and presentation are key considerations for consumers. The market caters to various sectors like family memories, art, achievements, and office furnishings.Effective inventory management is essential for digital photo frame vendors as consumer preferences shift rapidly, necessitating quick inventory turnover. Home decor suppliers and manufacturers, including those specializing in digital photo frames, must adapt to small orders from wholesalers and retailers and streamline inventory turnaround times. This puts pressure on raw material, quality control, transportation, and labor costs for manufacturers. Many digital photo frames are produced in China, but rising energy prices, manufacturing costs, and trade barriers between the US and China have led some US-based manufacturers to explore alternative production locations to maintain profitability.

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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 in the US has a diverse distribution network, including specialty stores, hypermarkets, supermarkets, convenience stores, and clubhouse stores. Specialty stores, such as traditional home decor stores, consumer electronics stores, and lifestyle stores, offer a wide selection of digital photo frames from various brands and price ranges. These stores are crucial for vendors as they help plan marketing, advertising, promotions, brand building, training, and IT support budgets. Notable specialty retailers include Lowes, Bed Bath and Beyond, and Home Depot. Hypermarkets and supermarkets, known for their competitive pricing and vast stock-keeping units (SKUs), are popular among consumers for purchasing digital photo frames due to their convenience and variety of brands. Walmart, the largest hypermarket in the US, is a significant player in the market. Some hypermarkets are expanding their presence, like Walmart’s 134 new stores in Mexico, which may boost digital photo frame sales during the forecast period. Department stores serve as one-stop shopping destinations and are popular for their extensive product offerings. Target Brands and Sears Brands are prominent department stores selling digital photo frames. The expansion of these department stores can contribute to increased sales of digital photo frames during the forecast period.

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Research Analysis

The Digital Photo Frame market is a growing industry that caters to consumers seeking innovative ways to showcase and preserve their family photo archives. These frames offer rotating photos from cloud-based storage, creating a continuous slideshow of cherished memories. Advanced models come with photo editing features, digital photo slideshows, and personalized gadgets, transforming the traditional picture frame into a smart photo display. Interactive photo experiences, home automation integration, and remote content management are some of the latest trends in this market. With LCD screens, photo memories app, and digital photo preservation solutions, these frames offer more than just a decorative piece for home decor. Frames come in various finishes, prices, and designs, including certificate frames, mirror frames, lined frames, and even frame repair services. Whether you’re looking for a digital photo album, photo management software, or just a picture frame, there’s a digital photo frame to fit every need and budget.

Market Research Overview

The digital photo frame market is experiencing significant growth due to the digitization trend and the increasing popularity of Wi-Fi capabilities, smart home integration, and cloud storage. These frames offer a modern alternative to traditional picture frames, allowing users to display their family memories, certificates, achievements, and even art in a digital format. With smart TVs and other smart home gadgets becoming increasingly common, digital frames are being marketed as essential additions to the smart home ecosystem. Technological advancements, such as high-resolution displays, automation systems, and voice control with Amazon Alexa, are also driving demand. The market is seeing emerging revenue pockets in areas such as weddings, gift-giving occasions, and office furnishings. Despite the low-profit margin, the disposable income of internet users and the lifestyle trend towards digital media consumption are expected to fuel further growth. The market is also witnessing rapid urbanization and the emergence of new revenue pockets in import export analysis and multifunctional devices. However, trade regulations and economic recession may pose challenges to profit margin optimization. Digital frames come in various designs, including mirrors and glossy finish, and can be wall-mounted or table-mounted. They offer a preservation solution for photographs, deterioration-free, and are available in a range of sizes and patterns.

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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Keesler Federal Once Again Recognized as Newsweek’s Best Regional Credit Unions

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BILOXI, Miss., Feb. 03, 2025 /PRNewswire/ — For the second year in a row, Keesler Federal Credit Union is being recognized as one of Newsweek’s best regional credit unions.

A recently released study of America’s Best Regional Banks and Credit Unions for 2025 conducted by Newsweek and Plant-A Insights determined the top 500 credit unions and 500 banks in the nation after an examination of 9,170 regional financial institutions across the country. The study considered profitability, financial relevance, risk exposure to financial uncertainties and the general health and stability of each financial institution.

The analysis was further supported by a nationwide examination of more than 845,000 reviews of regional banks and credit unions, 71,000 personal surveys and 1.9 million social media reviews. A rating of one to five stars was then awarded to each institution on the list of the best credit unions and banks.  Keesler Federal was one of only 200 institutions to receive a 5-star rating – the best possible designation.

Plant-A Insights Group which conducted the study produces independent, unbiased company rankings across a variety of industries, categories, and sectors through extensive market research and analytics. The group independently administers all research projects utilizing high standards and transparent research methods.

Andy Swoger, President and CEO of Keesler Federal said the ranking and recognition is gratifying for everyone at Keesler Federal and affirms each team member’s commitment to excellence and extraordinary member service.

“Our outstanding financial performance is a direct result of deliberate and strategic decisions we make to protect our members’ resources and ensure the strength and stability of our credit union,” Swoger said. “And as always, we are committed to delivering first-rate service to our members that goes above and beyond expectations.”

The national recognition comes at an exciting time for Keesler Federal which recently announced its intention to merge with Jefferson Financial Federal Credit Union of Metairie, Louisiana. The merger will add an additional 14 branch locations in the greater New Orleans region and will expand Keesler Federal to 55 total branch locations stretching across Louisiana, Mississippi, and Alabama. The credit union will grow to just under $5 billion and expand to more than 900 employees to serve its membership.

About Keesler Federal Credit Union

Established in 1947, Keesler Federal is a dynamic, stable, financially strong credit union dedicated to building a better community one member, one relationship, and one financial solution at a time. The not-for-profit financial cooperative is owned my its more than 325,000 members worldwide and has 41 locations stretching from New Orleans across the Mississippi Gulf Coast to Mobile. It serves Jackson and Hattiesburg and has four locations in the United Kingdom.  Keesler Federal proudly serves the financial needs of people from all walks of life with membership available to anyone who lives, works, worships, or attends school within the areas it serves. For more information, visit www.kfcu.org.

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SOURCE Keesler Federal Credit Union

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ScaleFlux Empowers IT Transformation with Consumption-Based Solutions

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As AI adoption drives data center growth, businesses are shifting from capital-intensive infrastructure investments to consumption-based models that align IT spending with actual usage. ScaleFlux’s innovative NVMe SSD solutions empower organizations to reduce costs, improve scalability, and enhance energy efficiency, enabling them to stay competitive while addressing the demands of AI, hybrid cloud, and edge computing environments.

MILPITAS, Calif., Feb. 3, 2025 /PRNewswire-PRWeb/ — The rapid adoption of AI is driving unprecedented growth in the data center industry, with major players like Microsoft, Meta, Google, and Amazon investing $125 billion in AI-focused data centers in 2024 alone, according to a JPMorgan report. (1) These costs, covering electricity, software, and depreciation, highlight a significant gap between industry leaders and smaller companies struggling to compete in this technological revolution. To level the playing field, businesses are shifting away from hefty upfront infrastructure investments and adopting consumption-based pricing models that align IT spending with actual usage. “AI and cloud applications are reshaping industries, but operational efficiency has become non-negotiable,” explains JB Baker, VP of Products at ScaleFlux. “Consumption-based models enable businesses to scale dynamically, gain financial flexibility, and better manage operational costs while optimizing infrastructure for sustainability.”

“Consumption-based models enable businesses to scale dynamically, gain financial flexibility, and better manage operational costs while optimizing infrastructure for sustainability” — JB Baker, VP of Products at ScaleFlux

The Shift from CapEx to OpEx in IT Infrastructure
As businesses adapt to the evolving landscape of AI, cloud, and data-heavy applications, there is a significant shift in IT spending from capital expenditure (CapEx) to operational expenditure (OpEx) models. (2) Adopting consumption-based or lease models allows businesses to scale operations dynamically without the burden of massive upfront investments, making this approach more efficient and financially flexible. (3)

This shift is essential for both enterprises and small and medium-sized businesses looking to adapt to the new IT environment. Aligning IT spending with actual usage optimizes operational costs, enhances scalability, and drives efficiency. As the need for energy-efficient data management intensifies, ScaleFlux’s solutions address the challenges of limited physical space and rising energy costs.

Tackling Rising Energy Demand with Tailored Solutions
This shift also addresses rising energy costs. The global data center industry is experiencing unprecedented growth, with electricity consumption projected to more than double between 2023 and 2028, reaching 857 terawatt-hours (TWh) by 2028. (4) In 2023 alone, data centers accounted for 4.4% of total U.S. electricity consumption, a figure expected to rise to between 6.7% and 12% by 2028. (5)

Consumption-based models align IT spending with actual needs, reducing energy consumption by encouraging right-sizing, enabling dynamic scaling, and promoting the adoption of energy-efficient cloud infrastructure.

Maximizing Efficiency and Profitability with ScaleFlux’s NVMe SSD Solutions
As energy demand rises, consumption-based models are redefining how businesses optimize costs and sustainability. ScaleFlux NVMe SSD solutions empower organizations to reduce operational expenses, improve scalability, and shrink their environmental footprint, helping service providers stay competitive in an evolving market.

Key advantages of ScaleFlux NVMe SSD solutions include:

Energy Efficiency: Significantly reduces power consumption, lowering operational costs and minimizing environmental impact.Higher Density: Allows businesses to store more data in less space, optimizing data center real estate.Scalability: Supports the growing demands of AI, cloud, and data-intensive applications without compromising performance.Cost Optimization: Minimizes cooling and operational costs, maximizing profitability.Performance at Scale: Delivers high-speed performance for demanding workloads like AI and machine learning.

Supporting Hybrid Cloud and Edge Computing Strategies
ScaleFlux’s solutions are pivotal in helping businesses adopt hybrid cloud and edge computing strategies, which are essential for reducing latency, lowering energy costs, and maintaining high performance. Edge computing brings processing power closer to end-users, ensuring real-time application performance, while hybrid cloud environments enable businesses to optimize cost and performance by combining public and private cloud resources.

By 2027, 90% of organizations are expected to deploy hybrid cloud solutions, highlighting the increasing demand for flexible and efficient infrastructure. (6) In this evolving landscape, ScaleFlux’s innovative solutions empower businesses to meet rising digital demands, achieve performance goals, and balance sustainability priorities effectively.

IT Transformation with ScaleFlux Solutions
As the IT industry shifts toward an OpEx-driven economy, ScaleFlux’s innovative storage and memory solutions are helping businesses navigate this transformation. By combining high performance with both financial and energy efficiency, ScaleFlux enables organizations to scale dynamically while meeting sustainability goals.

“As the AI server market expands and industry trends evolve, we are committed to providing solutions that empower businesses to scale in a feasible way,” points out Baker. “While our NVMe SSD solutions ensure businesses can stay ahead of the curve by tackling the challenges of modern IT infrastructure, reducing costs, and minimizing their environmental footprint, we are not stopping there. We also are innovating solutions in the memory domain to streamline the entire data infrastructure.”

About ScaleFlux
In an era where data reigns supreme, ScaleFlux emerges as the vanguard of enterprise storage and memory technology, poised to redefine the landscape of the data infrastructure – from cloud to AI, enterprise, and edge computing. With a commitment to innovation, ScaleFlux introduces a revolutionary approach to storage and memory that seamlessly combines hardware and software, designed to unlock unprecedented performance, efficiency, security and scalability for data-intensive applications. As the world stands on the brink of a data explosion, ScaleFlux’s cutting-edge technology offers a beacon of hope, promising not just to manage the deluge but to transform it into actionable insights and value, heralding a new dawn for businesses and data centers worldwide. For more details, visit https://scaleflux.com/.

References

Nguyen, Britney. “How Many Billions Big Tech Spent on AI Data Centers in 2024.” Yahoo Finance, 30 Dec. 2024, finance.yahoo.com/news/many-billions-big-tech-spent-171500839.html.”Technology Budgets: Moving from Capital Expense (CAPEX) to Operational Expense (OPEX).” CoSN, cosn.org/technology-budgets-moving-from-capital-expense-capex-to-operational-expense-opex-2/.”Demystifying the Cloud Consumption Model.” Deloitte United States, 17 Apr. 2023, deloitte.com/us/en/pages/consulting/articles/cloud-consumption-model.html.”IDC Report Reveals AI-Driven Growth in Datacenter Energy Consumption, Predicts Surge in Datacenter Facility Spending amid Rising Electricity Costs.” IDC, 24 Sept. 2024, idc.com/getdoc.jsp?containerId=prUS52611224.Moss, Sebastian. “Doe: Data Centers Consumed 4.4% of US Power in 2023, Could Hit 12% by 2028.” All Content RSS, 20 Dec. 2024, datacenterdynamics.com/en/news/doe-data-centers-consumed-44-of-us-power-in-2023-could-hit-12-by-2028/.Ashare, Matt. “Global Cloud Spend to Surpass $700B in 2025 as Hybrid Adoption Spreads: Gartner.” CIO Dive, 19 Nov. 2024, ciodive.com/news/cloud-spend-growth-forecast-2025-gartner/733401/.

Media Inquiries:
Karla Jo Helms
JOTO PR™
727-777-429
jotopr.com

Media Contact

Karla Jo Helms, JOTO PR™, 727-777-4629, khelms@jotopr.com, jotopr.com

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Infotel Releases New Whitepaper Addressing the Difficulties of Managing Data Security, Consumer Privacy, and AI Governance in Large Enterprises

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TAMPA, Fla., Feb. 3, 2025 /PRNewswire/ — Infotel Corp., a global leader in enterprise software solutions, today announced the release of a comprehensive whitepaper addressing the critical challenges organizations face in managing data governance, risk, and compliance (GRC) in an increasingly complex regulatory landscape.

The whitepaper, Managing Governance, Risk, and Compliance in the Wild West of Converging Data Security and Consumer Privacy Policy, introduces the concept of the Data Governance Trifecta, where compliance mandates for data security, consumer privacy, and generative AI converge. This convergence often creates data management challenges for large organizations as they grapple with siloed teams attempting to manage compliance for tens of thousands of employees, customers and partners across their enterprises.

“Organizations today face unprecedented challenges in managing risk in their data centers,” said Arnaud Siminski, Software Division Director at Infotel. “With the average cost of a data breach at about $5 million, and 68% of breaches involving human error, it’s clear that traditional approaches are no longer sufficient. This whitepaper offers a practical framework for building what we call the ‘Compliance Alliance,’ ­­­ a collaborative approach that transforms governance challenges into opportunities for innovation and competitive advantage.”

The Whitepaper Provides Actionable Strategies for:

Breaking down organizational silos that lead to mismanaged data

Understanding and implementing emerging AI governance frameworks

Managing Shadow Data risk

Building cross-departmental collaboration for enhanced compliance

Developing robust data governance frameworks

For the C-level executive, Infotel has released an executive summary detailing implementation strategies for data protection officers, privacy leaders, and business unit managers. You can access the full whitepaper or the executive summary from the Infotel website.

About Infotel

Infotel provides innovative enterprise software and consulting solutions to help organizations optimize data performance, enhance security, and achieve compliance. From database management to GDPR compliance and long-term archiving, Infotel delivers cutting-edge tools that unlock the full potential of data.

To learn more about Infotel’s enterprise technology solutions and 40-year history of innovation in the U.S., visit infotel-software.com or contact us at software@infotel.com.

Summary:

Infotel Releases Whitepaper on Data Security, Privacy, and AI Governance Challenges

Infotel has released a whitepaper, Managing Governance, Risk, and Compliance in the Wild West of Converging Data Security and Consumer Privacy Policy, offering essential strategies for navigating data governance, risk, and compliance challenges. The resource addresses the growing complexity of data security, consumer privacy, and generative AI governance, highlighting key risks such as shadow data and human error. The whitepaper provides actionable insights, including a seven-point action plan and strategies to foster cross-departmental collaboration.

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SOURCE Infotel Corp

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