The Interchangeable-Lens Camera Market is Now Bigger Than Point-and-Shoots
It's official -- the point-and-shoot market is dying, while DSLRs and other interchangeable lens systems champion the cause for standalone cameras.
A new report from retail researchers NPD tallies U.S. sales of $2.1 billion worth of interchangeable lens cameras between June 2012 and May 2013, an increase of 5 percent over the same period a year ago. U.S. sales of compact cameras, meanwhile, plunged 26 percent, to $1.9 billion. This is the first time interchangeable lens cameras have surpassed the sleek-and-shiny segment.