According to the latest article published by the Japanese bcnretail.com + CIPA, the huge downfall in camera sales remains persistence, take a look at the summary of the articles published below
According to BCN Retails
Digital camera sales have plummeted over the past few years, with shipments also dropping substantially. After the COVID-19 pandemic, mirrorless cameras led the digital camera market, temporarily halting the decline. However, this was short-lived, as dark clouds are once again looming over the market after prices for new mirrorless cameras rose. We will look at the trends in camera shipments announced by CIPA (Camera & Imaging Products Association) and camera penetration rates in the Cabinet Office’s Consumer Trends Survey.
the number of people taking pictures is definitely increasing due to the spread of smartphones. However, the statistics make it clear that the number of people taking serious pictures using digital cameras is decreasing.
What’s the real reason behind the downturn of the camera market according to BCN Retail? Let’s discuss those reasons below.
- The rise of smartphones is one of the most obvious reasons why the camera industry is declining. It’s not limited to a specific factor; every 3 to 4 months, smartphone camera modules and operating environments are updated. This results in significant yearly improvements in both image and video quality.
- According to the statistics, digital camera ownership per household dropped from 60% to 41% in 2024.
- The younger generation is moving away from bulky cameras. According to statistics published by a Japanese magazine, among people aged 29 and below, the overall ownership of digital cameras has declined tremendously from 69.5% to just 18.2% in 2024.
- Another major reason stated by users is the increased price of mirrorless cameras and their lenses, making them inaccessible to many buyers.
Apart from the overuse of smartphones by the young generation, Another important reason is Mirrorless Cameras Are Too Expensive, Camera makers need to think again about the pricing, nowadays its really hard to find a good camera with a kit lens under $500.
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