Join More Than 50,000+ Subscribers and get latest camera news and rumors
NEW CAMERA VIDEOS ON YOUTUBE
Download Our Android App
|
By admin, on July 22nd, 2024
Okay, we have the Canon Global Sales Report [2023-24 financial year] published in July 2024 by Japan’s Nikki News Magazine [source], and these are the details we have from that particular report.
The second report is from the previous year [2022-23 financial year], sourced from the website Statistica.com. [source]
Both reports are from reputable sources. Now we have also added a third year of Global sales stats [2021-22 financial year] to make the entire report more perfect and more accurate
However, the top 5 and the market share, are shown in the table below: source cameraprism.com
| Position |
Brand |
Market Share 2021 |
Market Share 2022 |
Change |
| 1 |
Canon |
47.9% |
46.5% |
↓ 1.4% |
| 2 |
Sony |
22.1% |
26.1% |
↑ 4.0% |
| 3 |
Nikon |
13.7% |
11.7% |
↓ 2.0% |
| 4 |
FUJIFILM |
5.6% |
5.8% |
↑ 0.2% |
| 5 |
Panasonic |
4.4% |
4.2% |
↓ 0.2% |
We have asked AI to predict the future sales report based on our existing reports for 2021-22, 22-23 and 2023-24[FY] of the global camera manufacturer market share, take a look at the results we have
We have added Three Years of sales Data to the report, and then this report has been generated
Creating a prediction report for the next 10 years based on the provided market share data from 2021 to 2023 involves identifying trends in the market shares of each company and projecting these trends forward. Here’s a simplified approach to predict the market shares:
- Identify the trend for each company: Calculate the average annual change in market share for each company based on the provided data.
- Project the trend forward: Apply the average annual change to project the market shares for the next 10 years.
Let’s start by calculating the average annual change for each company from 2021 to 2023:
Calculation of Annual Change
Canon:
- 2021 to 2022: 46.5% – 47.9% = -1.4%
- 2022 to 2023: 41.2% – 46.5% = -5.3%
- Average annual change: (-1.4% + -5.3%) / 2 = -3.35%
Sony:
- 2021 to 2022: 26.1% – 22.1% = +4.0%
- 2022 to 2023: 32.1% – 26.1% = +6.0%
- Average annual change: (+4.0% + +6.0%) / 2 = +5.0%
Nikon:
- 2021 to 2022: 11.7% – 13.7% = -2.0%
- 2022 to 2023: 13.2% – 11.7% = +1.5%
- Average annual change: (-2.0% + +1.5%) / 2 = -0.25%
Fuji:
- 2021 to 2022: 5.8% – 5.6% = +0.2%
- 2022 to 2023: 8.1% – 5.8% = +2.3%
- Average annual change: (+0.2% + +2.3%) / 2 = +1.25%
Panasonic:
- 2021 to 2022: 4.3% – 4.4% = -0.1%
- 2022 to 2023: 4.5% – 4.3% = +0.2%
- Average annual change: (-0.1% + +0.2%) / 2 = +0.05%
Others:
- 2021 to 2022: 5.6% – 5.5% = +0.1%
- 2022 to 2023: 5.2% – 5.6% = -0.4%
- Average annual change: (+0.1% + -0.4%) / 2 = -0.15%
Projections for 2024 to 2033
Following this method, we can project the market shares for the next 10 years. Here is the complete projection:
FINAL RESULT – complete projection BASED on the Sales report
| Year |
Canon |
Sony |
Nikon |
Fuji |
Panasonic |
Others |
| 2024 |
37.85% |
37.1% |
12.95% |
9.35% |
4.55% |
5.05% |
| 2025 |
34.50% |
42.10% |
12.70% |
10.60% |
4.60% |
4.90% |
| 2026 |
31.15% |
47.10% |
12.45% |
11.85% |
4.65% |
4.75% |
| 2027 |
27.80% |
52.10% |
12.20% |
13.10% |
4.70% |
4.60% |
| 2028 |
24.45% |
57.10% |
11.95% |
14.35% |
4.75% |
4.45% |
| 2029 |
21.10% |
62.10% |
11.70% |
15.60% |
4.80% |
4.30% |
| 2030 |
17.75% |
67.10% |
11.45% |
16.85% |
4.85% |
4.15% |
| 2031 |
14.40% |
72.10% |
11.20% |
18.10% |
4.90% |
4.00% |
| 2032 |
11.05% |
77.10% |
10.95% |
19.35% |
4.95% |
3.85% |
| 2033 |
7.70% |
82.10% |
10.70% |
20.60% |
5.00% |
3.70% |
Final Observations | Conclusion and VERDICT
- If the observed trends continue, Canon’s market share will significantly decrease, reaching Less than 10% by 2033.
PS: even if we use the past three years of the Global sales report, it doesn’t seem Canon is doing any good.
- Sony’s market share will see a substantial increase, reaching over 80% by 2034.
- Nikon, Fuji and Panasonic will continue to grow steadily
Note that these predictions are based on a linear trend and real-world factors of the 202-2023 and 2023-2024 global sales report, . Changes in technology, market dynamics, new entrants, and other external factors could influence these trends.
TNC exclusive: Edititors space
This report should not be taken seriously in any context since these are analyses done by AI, the artificial intelligence. At the same time, the details of these analyses are generated based on the past two years of global sales reports, which may fluctuate based on the offers from camera makers to their consumers. For example, if Canon opens their lens mount, we may see a significant increase in the global sales share percentage of Canon cameras as well as their lenses. Similarly, if any other brand like Nikon or Sony introduces a new line of cinema cameras or dedicated cameras for content creators, they may raise their own market share. Therefore, these predictions are not always accurate when based on limited data, especially when there are many factors involved. Consider this report just as a reference.
By admin, on July 17th, 2024
We have the Canon R1 flagship camera officially arrived. The camera features a 24-megapixel stacked CMOS sensor and a maximum continuous shooting speed of 40 frames per second. We can see some major upgrades from the Canon R3 camera, but more or less, it doesn’t directly compete against the Nikon Z9 and the Alpha A1.
Instead of naming this camera R1, it’s better to name it Canon R3 Mark II considering the level of updates and the set of specifications we are getting. It’s very similar to the existing R3 camera with a significant upgrade loaded over it.
Overall, it’s an excellent camera for photojournalists as well as sports shooters. But for wildlife photographers, the R5 Mark II is more recommended, as well as for professional wedding, portrait, and fashion photographers, and even for landscape and street style shooters. The R1 camera approach remains limited to photojournalists as well as sports shooters.
Canon R1 Camera Price and Shipping Date
Canon R1 Camera BODY Price – $6299 – B&H Store | Worldwide Shipping Start from November 2, 2024
Major Features of Canon EOS R1 Camera
- Sensor and Processing:
- Back-illuminated stacked 24.2-megapixel full-frame sensor
- New processing system for extremely fast reading
- Autofocus:
- “Cross-type AF” imaging sensor for more positive focus on subjects with linear detail
- Shooting Speed:
- Still-image shooting speeds up to 40 frames per second
- Video Capabilities:
- Strong video capabilities, including up to 4K and 6K RAW video options
- Performance Enhancements:
- Increased readout speed, reducing rolling shutter distortions
- Design and Durability:
High-performance and reliable weather-resistant build, designed for professionals in photojournalism, sports, and wildlife photographyAdvanced Features:
- New DIGIC Accelerator, assisting with deep learning processing
- Supports the next-gen AF system, Dual Pixel Intelligent AF, based on Accelerated Capture and deep learning
- Tracking advancements, such as body, joint, and head area estimation and focus on people other than the main subject
Canon R1 Press Release
Canon Officially Launches The New EOS R1 And EOS R5 MARK II Full-Frame Mirrorless Cameras
MELVILLE, N.Y., – July 17, 2024 — Canon U.S.A., Inc., a leader in digital imaging solutions, today launched two new professional full-frame mirrorless cameras, the EOS R1 and EOS R5 Mark II. The EOS R1 camera is designed for both professional still photographers and video creators in a wide range of fields including sports, news reporting and high-end video production. The EOS R5 Mark II camera features improved video focused features for the advanced creators and real-time multi recognition tracking system for those who focus on still photography.
Canon EOS R1 Camera is “Ahead of the Game”
Canon’s EOS 1-series legacy continues with the unveiling of the flagship EOS R1 camera. This high-performance, reliable, and weather-resistance camera is designed for professionals in the photojournalism, sports and wildlife fields. Key features of the EOS R1 camera include:
- Back-illuminated stacked 24.2 megapixel full-frame sensor and new processing system for extremely fast reading
- Increased read-out speed, reducing “rolling shutter” distortions
- Still-image shooting speeds up to 40fps
- “Cross-type AF” imaging sensor for more positive focus on subjects with linear detail
- Strong video capabilities, up to 4K (also 6K RAW video options)
Canon EOS R5 Mark II Camera helps users “Master the Moment”
For the professional who demands high-quality still and video output, the EOS R5 Mark II camera is ready to deliver. Designed with performance and image quality at its core, the EOS R5 Mark II camera offers the fundamental elements in one package for sports/wildlife photographers, journalists/producers, video producers and visual creators. Key features of the EOS R5 Mark II camera include:
- Back-illuminated stacked 45 megapixel full-frame sensor and new processing system for extremely fast reading
- When compared to previous EOS R camera models, more advanced and powerful AF system including Eye Control AF and new subject tracking technologies
- Cinema EOS video features such as:
- Custom Picture color profile including Canon Log 2
- False Color Wave Form Monitor
- 4CH Audio with 24bit LPCM
- Pre-recording up to 5 seconds
Accessories for the EOS R5 Mark II camera were designed thoughtfully with the end-user in mind. There is a new, more powerful battery. The LP-E6P battery, when compared to previous battery versions, features higher continuous power and two-times the amperage. Optional battery grips were also thoughtfully designed, and there are three options:
- BG-R20– For vertical operability
- BG-R20EP with Ethernet – Port enables high-speed wired communication
- CF-R20EP with Cooling Fan and Ethernet – Cooling fan helps maximize movie performance
Both cameras feature the new DIGIC Accelerator, which is an addition to the DIGIC X processor. The DIGIC Accelerator assists with deep learning processing which helps to quickly analyze large volumes of data and supports the next-gen AF system, Dual Pixel Intelligent AF. Dual Pixel Intelligent AF is based on Accelerated Capture and deep learning, allowing end-users to experience tracking advancements, such as body, joint and head area estimation and focus on people other than the main subject.
Price and Availability
The Canon EOS R1 camera is expected to be available in the Fall of 2024, for an estimated retail price of $6,299.00*. The Canon EOS R5 Mark II camera is expected to be available in August 2024, for an estimated retail price of $4,299.00* for the camera body only. The EOS R5 Mark II camera kit, which will include the RF24-105mm F4 L IS USM lens, will have an estimated retail price of $5,399.00*. For more information, please visit www.usa.canon.com
By admin, on July 17th, 2024
Canon announced the R5 Mark II camera today. The camera features a 45-megapixel stacked CMOS sensor and a continuous shooting speed of 30 frames per second with the help of an in-body image stabilization (IBIS) sensor. The readout speed of the new R5 Mark II camera has been significantly improved, and now it’s possible to capture almost rolling shutter-free images at up to 30 frames per second.
On the video side, we can record videos up to 8K at 60 frames per second. With a new battery grip specifically designed with cooling vents, you can shoot 8K videos as well as 4K videos until your card runs out.
Canon R5 Mark II Price –
Canon R5 mark II Camera Shipping Information
Worldwide Shipping Start From Aug 20-21, 2024
Major Features of Canon EOS R5 Mark II Camera
- Sensor and Processing:
- Back-illuminated stacked 45-megapixel full-frame sensor
- New processing system for extremely fast reading
- Autofocus:
- Advanced and powerful AF system including Eye Control AF
- New subject tracking technologies
- Video Capabilities:
- Custom Picture color profile including Canon Log 2
- False Color Wave Form Monitor
- 4-channel audio with 24-bit LPCM
- Pre-recording up to 5 seconds
- Record videos up to 8K at 60 frames per second
- Accessories:
- New, more powerful LP-E6P battery with higher continuous power and two-times the amperage
- Optional battery grips:
- BG-R20 – For vertical operability
- BG-R20EP with Ethernet – Port enables high-speed wired communication
- CF-R20EP with Cooling Fan and Ethernet – Cooling fan helps maximize movie performance
- Additional Features:
- Enhanced readout speed reducing rolling shutter distortions
- Continuous shooting speed of up to 30 frames per second with minimal rolling shutter
- DIGIC Accelerator in addition to the DIGIC X processor for deep learning processing and next-gen AF system, Dual Pixel Intelligent AF
- Dual Pixel Intelligent AF supports body, joint, and head area estimation and focus on people other than the main subject
- Price and Availability:
- Available in August 2024
- Estimated retail price: $4,299.00 (body only)
- Camera kit with RF24-105mm F4 L IS USM lens: $5,399.00
Canon R5 Mark II Press Release
Canon Officially Launches The New EOS R1 And EOS R5 MARK II Full-Frame Mirrorless Cameras
MELVILLE, N.Y., – July 17, 2024 — Canon U.S.A., Inc., a leader in digital imaging solutions, today launched two new professional full-frame mirrorless cameras, the EOS R1 and EOS R5 Mark II. The EOS R1 camera is designed for both professional still photographers and video creators in a wide range of fields including sports, news reporting and high-end video production. The EOS R5 Mark II camera features improved video focused features for the advanced creators and real-time multi recognition tracking system for those who focus on still photography.
Canon EOS R1 Camera is “Ahead of the Game”
Canon’s EOS 1-series legacy continues with the unveiling of the flagship EOS R1 camera. This high-performance, reliable, and weather-resistance camera is designed for professionals in the photojournalism, sports and wildlife fields. Key features of the EOS R1 camera include:
- Back-illuminated stacked 24.2 megapixel full-frame sensor and new processing system for extremely fast reading
- Increased read-out speed, reducing “rolling shutter” distortions
- Still-image shooting speeds up to 40fps
- “Cross-type AF” imaging sensor for more positive focus on subjects with linear detail
- Strong video capabilities, up to 4K (also 6K RAW video options)
Canon EOS R5 Mark II Camera helps users “Master the Moment”
For the professional who demands high-quality still and video output, the EOS R5 Mark II camera is ready to deliver. Designed with performance and image quality at its core, the EOS R5 Mark II camera offers the fundamental elements in one package for sports/wildlife photographers, journalists/producers, video producers and visual creators. Key features of the EOS R5 Mark II camera include:
- Back-illuminated stacked 45 megapixel full-frame sensor and new processing system for extremely fast reading
- When compared to previous EOS R camera models, more advanced and powerful AF system including Eye Control AF and new subject tracking technologies
- Cinema EOS video features such as:
- Custom Picture color profile including Canon Log 2
- False Color Wave Form Monitor
- 4CH Audio with 24bit LPCM
- Pre-recording up to 5 seconds
Accessories for the EOS R5 Mark II camera were designed thoughtfully with the end-user in mind. There is a new, more powerful battery. The LP-E6P battery, when compared to previous battery versions, features higher continuous power and two-times the amperage. Optional battery grips were also thoughtfully designed, and there are three options:
- BG-R20– For vertical operability
- BG-R20EP with Ethernet – Port enables high-speed wired communication
- CF-R20EP with Cooling Fan and Ethernet – Cooling fan helps maximize movie performance
Both cameras feature the new DIGIC Accelerator, which is an addition to the DIGIC X processor. The DIGIC Accelerator assists with deep learning processing which helps to quickly analyze large volumes of data and supports the next-gen AF system, Dual Pixel Intelligent AF. Dual Pixel Intelligent AF is based on Accelerated Capture and deep learning, allowing end-users to experience tracking advancements, such as body, joint and head area estimation and focus on people other than the main subject.
Price and Availability
The Canon EOS R1 camera is expected to be available in the Fall of 2024, for an estimated retail price of $6,299.00*. The Canon EOS R5 Mark II camera is expected to be available in August 2024, for an estimated retail price of $4,299.00* for the camera body only. The EOS R5 Mark II camera kit, which will include the RF24-105mm F4 L IS USM lens, will have an estimated retail price of $5,399.00*. For more information, please visit www.usa.canon.com.
*Specifications, availability and prices are subject to change without notice. Actual prices are set by individual dealers and may vary.
By admin, on July 17th, 2024
So finally, we have the leaked images of the Canon R5 Mark II camera. The announcement is about to happen today, and from the look, the R5 II camera looks very, very impressive. At the same time, we also have a new battery grip with cooling vents above. Unfortunately, this new battery grip is NOT compatible with the existing R6 Mark II camera. This also confirms that we will soon have the R6 Mark III camera. So, fingers are crossed now, and we are waiting for the R5 II.
We also have the leaked image of the Canon R1 camera back, all these images are coming from the rumor mill.
Get LIVE RUMORS –> FACEBOOK | TWITTER | INSTAGRAM to get live news + Canon rumors 24X7
source – CR.com
By admin, on July 16th, 2024
Recently, Canon USA laid off Rudy, a key figure and the face of Canon USA in most announcements over the past few years as well as he was also Canon’s Technical advisor. This layoff is part is not only limited to Rudy, Canon has let go of multiple staff members. The question arises: why has this happened and what was the actual reason behind that ?
Decline in Operating Profit
It was kind of a backfire. Canon suddenly saw a loss of approximately 5% in operating profit compared to the previous year. This is the first time in four years that the profit declined compared to the same period the previous year. What was more devastating is that camera sales dropped for the first time in 2024 in the past 13 years. For Canon, their operating profit was on a downhill path.
what was the actual reason behind that ?
The main issue lies with the Canon policies that they adopted after 2018 during the mirrorless transition. Users were kept waiting for them to open their mount. Some were using the previous DSLR lenses with the help of an adapter, but more or less, by 2023 and 2024, consumers felt that Canon had no intention to open their mount freely to third-party lens makers. This led to great disappointment among them, and now they have started losing their consumer base and loyal customers.
What It Means
So, the 5% decline in operating profit is just the beginning. If Canon fails to provide an open lens mount to its consumer base, its profit will continue on a downhill path. Layoffs, whether of Rudy or anyone else in their camera division, are not the solution. The most important requirement at this time is for Canon to adapt its policies to meet consumer expectations and regain their trust.
Get LIVE RUMORS –> FACEBOOK | TWITTER | INSTAGRAM to get live news + Canon rumors 24X7
By admin, on July 15th, 2024
Canon officially announced a new product launch event on July 17th, which is expected to release two new cameras: EOS R5 Mark II and EOS R1. Please look at the set of leaked specifications we have for the upcoming cameras.
Canon R5 Mark II specifications
- 45-megapixel full-frame image sensor,
- The newly designed electronic viewfinder,
- Up to 12 frames per second mechanical shutter continuous shooting,
- Up to 30 frames per second electronic shutter continuous shooting;
- Eye-control autofocus system from the EOS R3 model;
- Improved heat dissipation in the body, equipped with heat dissipation vents, and supports active heat dissipation fan accessories;
- Up to 8K60P video recording;
- CFB + SD dual card slots.
Canon EOS R1 camera specifications
- 24-megapixel sensor
- QPAF full-pixel four-core autofocus
- Focus tracking performance surpasses EOS R3
- High sensitivity performance surpasses EOS R3
- Eye-control AF second generation
- Dual CFexpress Type B card slots
- Supports CFexpress 4.0 standard
- Full-size HDMI interface
- EOS R1 is larger and thicker than EOS R3
- Expected to be priced at $6,499, approximately ¥46,999.
Get LIVE RUMORS –> FACEBOOK | TWITTER | INSTAGRAM to get live news + Canon rumors 24X7
By admin, on July 11th, 2024
Canon USA Posted a teaser of the Upcoming Canon R5 Mark II and Canon, so the announcement is very close to us and we are waiting, the Canon R5 Mark II camera is said to feature a newly developed 45 Mp stacked CMOS sensor, and the capability to record 8k videos with an active cooling mechanism, let me know in the comments which comparison you guys want to see with the Cannon R5 II camera against the others.
Get LIVE RUMORS –> FACEBOOK | TWITTER | INSTAGRAM to get live news + Canon rumors 24X7
|
KEEP THIS BLOG ALIVE - Support New Camera Buy Canon Lenses, Buy Music CD or Digital Camera at amazon it helps this site, and you do not pay anything extra, it is just a way to help support this site.
|
