Room to grow?

From an ISRA press release dated December 17, 2007: “According to expert estimates, at present only some 20% of possible applications are being exploited. Currently the global market volume comes to some € 6.5 billion. Annual growth rates world-wide are currently estimated at
approx. 10%.”

Well that’s good news then.
.
.
.
OK, perhaps some explanation is in order. ISRA is one of the world’s largest machine vision integration companies. With offices across Europe and the US, they have a global reach and have been aggressively acquiring smaller competitors. They have a broad range of expertise, but surface (web) inspection is perhaps one of their core competencies, boosted by last years purchase of Parsytec.

If you’re shopping for quality integration services these guys should be on your list.

But back to the press release: Who are the “experts” are that somehow figured out only 20% of the possible applications have been “exploited”? On what possible basis could anyone arrive at that figure? I’d love to know.