Are smartphones destroying the camera market?

Published on: September 24, 2018 / Update from: September 24, 2018 - Author: Konrad Wolfenstein

In 2010, the companies organized in the Camera & Imaging Products Association (CIPA) (including Olympus, Casio, Canon) sold 121 million photo cameras worldwide. It was the end of a development that until then had practically only taken one direction. However, at this point, the end of this decade-long upward trend had already been sealed. In 2007, Apple brought the first iPhone onto the market. The two-megapixel digital camera installed here only delivered modest photo quality, but the concept caught on and the cameras kept getting better. The current smartphone cameras offer performance that simply makes purchasing an additional compact camera unnecessary. At least that's how consumers see it: in 2017, CIPA companies only sold 25 million digital cameras.

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More and more photos thanks to smartphones

Bitkom , humanity will take 1.2 trillion photos this year. The number of pictures taken has risen sharply in recent years. The increasing popularity of smartphones is responsible for this development. They are said to be responsible for 85 percent of all photos. Conventional digital cameras, on the other hand, only have a market share of 10.3 percent.

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