cameramarket

The Camera Sales Forecast for 2022 Isn’t as Bad as CIPA Makes it Sound

The news of falling camera shipments is like the dripping of a faucet. It comes with a regular, steady, beat, and just when you think it has stopped... plink, there it goes again! So perhaps it's no surprise that CIPA -- the trade body for manufacturers -- has a downbeat forecast for 2022, but strangely seems to have missed the good news!

An illustration of a photographer in front of a declining sales chart

Back Where We Started: The Camera Industry is Again a Bit-Part Player

Remember those heady days of 2010? The release of the iPhone 4 and iPad, the New Orleans Saints won Superbowl XLIV, Iron Man 2 hit the cinemas, Eminem released Recovery, and Biden was Vice-President. It was also the year when camera shipments peaked at over 120 million units. How did the industry become the bit-part player it now is, shifting 9 million units just ten short years later?

Why is Canon Putting Its Best Mirrorless Features Into a DSLR?

After Canon shared the development information on the impending 1D X Mark III last year, we called out that its specs not only blow away any previous notions of what a camera with physical moving parts could do but also noted that it's got all the makings of a great mirrorless camera... with a mirror.

The Mirrorless Revolution: DSLRs Aren’t Dead, But They’re On Life Support

Last year, during a panel discussion at one of the yearly industry conferences, I said that my hope was for DSLRs to soon vanish... I said this not because I haven’t enjoyed the incredible strides made in photo technology during the era of the DSLR -- both as a camera store owner and a recreational photographer -- but because, despite our attachments, we must embrace a mindset of “out with the old and in with the new.”

Canon and Nikon Imaging Sales Drop 17%+ Over Past Year

Canon and Nikon both published their latest financial reports over the past couple of weeks, and the numbers don't paint a rosy picture for the camera industry. Both companies reported a decline in imaging business sales of around 17% over the previous year.

Nikon’s Year: Digging Into the Latest Financial Results in 2017

Here's the crazy corner Nikon is in: they can claim a modest 7% increase in operating income for the fiscal year that they just finished, but had far lower net sales and, with restructuring costs, had a significant loss. Nikon predicts that they'll recover to profitability next fiscal year, but with lower sales.

Samsung Officially Exiting the UK Camera Market

Samsung's rumored shuttering of its camera business looks like it's continuing to play out. After pulling out of the camera market in Germany earlier this month, the company is now saying that it's ditching the UK as well.

Nikon Ranks Highest in Customer Satisfaction Among Online DSLR Buyers

A study conducted by market research firm J.D. Power and Associates has found that "Nikon Pro Series" DSLRs rank highest in customer satisfaction. The company surveyed 4,500 verified online DSLR buyers to find out their satisfaction across five factors: image quality, durability, features, ease of use, and responsiveness.

The Nikon Pro Series ranks highest in online buyer satisfaction with a score of 914. The Nikon Pro Series performs particularly well in shutter speed/lag time, durability and reliability and ease of operation. The Canon Mark-Series follows in the rankings with a score of 909, and performs particularly well in performance and picture quality. The Canon D-Series and Nikon D-Series rank third in a tie, each with a score of 889.

Overall, customers were most satisfied with image quality but least satisfied with durability and responsiveness.

CNBC: Point-and-Shoot Cameras Are an Endangered Species

Update on 12/18/21: This video has been removed by its creator.

CNBC ran this short segment a couple days ago in which they invited CNET's Dan Ackerman to explain the changing landscape in the digital camera industry. He thinks point-and-shoot cameras may soon become extinct due to the rise of camera-equipped phones, but also that DSLRs are the cameras here to stay.