Icinsights posted a forecast about the camera market till 2017. And the market is expected to shrink:
Worldwide DSC shipments are expected to fall by a CAGR of -10% between 2012 and 2017 compared to an annual average growth rate of just 1% in the 2007-2012 period and nearly 31% per year in the 2002-2007 timeframe.
But there are two positive news: The System Camera Market is expected to growth further. And that’s also the most profitable business for the camera producers. And the “non-conventional” camera market for Tablet-smartphones-medical-car-surveillance is expected to grow too!
7 Responses
Before I give their predictions a degree of credibility, I’d like them to publish a link to their predictions for this segment for each of the last six years. Until there is any track record, I tend to ignore press releases like this, which even a cave man could have come up with given recent trends.
Fabricated numbers. DSLR sales are shrinking by around 12% per year, not growing.
No segregation between cheap and high end compacts. Oversight?
Who cares about camera market? Does it interest me if I am a user not a supplier, let it shrink or rise that’s not my problem and not any user problem! who cares if Mirrorless sale better than SLR or vice versa I just buy what I find suit me more, if I care about all these number I wouldn’t be visiting this site I would be taking care of my shop or company…..
I said separate between the two, but both exist. If some type of camera that you deem essential for your photo is discontinued, you are going to be hurt.
Also separating between dSLR and mirrorless makes sense, because they are handled differently, and people keep liking the latter, especially in Asia. So one can invest on them more sfely.
All things that you can’t do if you look only at your own navel, Me Generation – LOL
I still can’t understand why should someone be hurt, today I might dream of camera and tomorrow when new camera introduce i will dream of another, I can separate from dSLR and mirrorless but investment got nothing to do with which system sells better, I invest in what system is helping the type of photo and project I am on, now after all these years of nikon and canon holding the market should I get worried if invest in one the two system? and even if I get worried and want to invest in a the right system so if I buy a system in 2014 I should get worried where this system stand in 2017 when i need that system for my work in 2014? its doesn’t make sense …….
IMHO it’s going to end badly for camera makers, unless they face the next revolution. That is why I wrote on Wearable Glass:
http://amalric2014.blogspot.it/2014/07/wearable-glass-and-360-vision.html
People have trouble separating what matters for the industry, and what matters for them.But when the downturn strikes, it’s even more important. BTW Photography is not the same thing of cameras. I am interested in ways of shooting and how they are going to change.