Chosun Juan
Given to Fly
An interview with the Canon CEO Fujio Mitarai provided this pretty gloomy outlook, but I've put it in the general Photography section since it is likely to have ramifications for all manufacturers, brands, and customers .....
https://www.canonnews.com/canon-ceo-camera-market-will-contract-for-another-2-years
Total market down to ~10 million units per annum (from peak numbers of 114 million compacts in 2008, and 18 million ILC in 2012. Blame smartphones for the former 20 fold plunge in a decade or so). Likely less choice, longer development cycles, and perhaps even more focused product offerings. Likely more diversified businesses, and even some industry attrition for those unable to navigate the new competitive landscape .....
All in all though, I think there's never been a better time to be a photographer, although being a 'loyal' customer seems to be at times painful no matter which brand and/or system you're in ...... it seems enjoyment in the moment with the equipment at hand helps one's sanity ! :cat:
Chosun :gh:
https://www.canonnews.com/canon-ceo-camera-market-will-contract-for-another-2-years
Total market down to ~10 million units per annum (from peak numbers of 114 million compacts in 2008, and 18 million ILC in 2012. Blame smartphones for the former 20 fold plunge in a decade or so). Likely less choice, longer development cycles, and perhaps even more focused product offerings. Likely more diversified businesses, and even some industry attrition for those unable to navigate the new competitive landscape .....
All in all though, I think there's never been a better time to be a photographer, although being a 'loyal' customer seems to be at times painful no matter which brand and/or system you're in ...... it seems enjoyment in the moment with the equipment at hand helps one's sanity ! :cat:
Chosun :gh: