Camera phones will top 1 billion this year

The number of mobile camera phones in use will top 1 billion this year, reflecting their tremendous growth rate since they hit the market around seven years ago, according to a new market evaluation. Sales shot up from about 3 million camera phones in 2001 to 500 million last year, according to figures released Friday from Strategy Analytics Ltd. The growth will likely start to level off now, however, said Neil Mawton, an associate director at the market research company.
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