The digital camera market has shown significant growth in the year of 2024 compared to the previous two years’ sales period. The overall interchangeable lens camera sales figure is really very exciting as you can see in the graph above.
If you talk about the overall sales, then according to the Camera and Imaging Products Association (CIPA), the total worldwide shipments of compact cameras as well as interchangeable lens cameras from January to November of 2024 exceeded the sales period of 2023 as well as 2022. Let’s check the stats now, in November 2024, approximately 823,112 units were shipped, marking a 27.2% increase compared to November 2023.
But if you look at the mirrorless camera stats, then they are a significant contributor to the growth of the overall report of 2024. In November 2024, around 650,474 units were shipped, representing a 29.6% increase from the same month in 2023.
The interchangeable lens camera segment, which includes both mirrorless and DSLRs overall shipment cycle, although DSLR shipments have continuously declined after 2018 as we all know the DSLR makers have stopped research and development and even for the announcement of DSLR cameras. So henceforth, it’s quite reasonable to see a major decline in the overall DSLR shipment.
Now let’s talk about the market share of all three camera makers, Canon leads with 46.5%, followed by Sony at 27.9%, and Nikon at 11.3%. Overall, Canon and Sony again lead the market, and Nikon needs to introduce a more creator-friendly lineup and advanced compacts to gain more market share.
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source CIPA |
