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Canon thinks the camera market will drop by another 50% over the next two years

Canon thinks the camera market will drop by another 50% over the next two years

Digicame-info noticed an interview Canon chairman Fujio Mitarai with Nikkei Asian Review, and in it he talked about the way forward for the camera enterprise. The article was printed in the subscriber part of the information website, however Digicame-info has posted a few of the details on their website.

  • Canon will shift the camera enterprise’s focus to company clients. In an interview with Nihon Keizai Shimbun President Fujio Mitarai, identified that the market for digital cameras might shrink to about half in the next two years.
  • “In our firm, cameras have declined at round 10% a yr (gross sales quantity) in the previous few years (mixed with single lens reflex and mirrorless). The world market for interchangeable lens cameras is round 10 million, however that is steadily lowering. The mirrorless camera phase is certainly rising, however it is a alternative of single lens reflex cameras and never including to the market as an entire.
  • “People often shoot with smartphones now. The digital camera market will preserve falling for about two years, with skilled and superior amateurs persevering with to take up about 5 to six million items of interchangeable lens cameras. That ought to be about the rock-bottom level for the business.”
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It’s fairly apparent that mirrorless will take over interchangeable lens cameras to us, as there actually isn’t a lot of a bonus (aside from higher battery life) that typical DSLRs can cling to. If that is why Canon and Nikon have waited so lengthy to provide you with critical mirrorless choices, then we most likely gained’t see a flood of latest choices from them after the current releases (with the exception of maybe knowledgeable model of the EOS R). Are we going to see the finish of the compact camera quickly?

Sources: Digicame-info, Canon Rumors, Nikkei Asian Review

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