[davidmanze]

I have a slightly differnt interpretation here:

 

 Since the introduction of digital cameras the photo market has seen an enormous increase in demand because of the novality  factor (exiting new tech) and the obvious practical adavanatges of digital photography over film based photography. However, the novaility factor of digital has worn off and today's digital cameras deliver more than sufficient image quality and ease of use for the mainstream consumer. While there were adavantages from 2001 to about 2012 to ugrade yor camera every second year or so because of more pixels, faster operation or fundamentally new features (video)  there no longer is any reason to do so for most people. Especially since most consumers have discovered that  video is no more than a nice add-on for them, that requires more time and effort than they are willing to sacrifice  regardless of the capabilities of their camera (external lightning, and audio recording, good editing, powerful computer hardware, good storytelling abilities, diligent shot planning etc). Wthout those abilities and extra effort the video feature is not more useful than the one in everyone's smart-phone.

upgrading on a regular basis today, are not average consumers, but tech-addicts or advanced amateurs/professionals with very specific needs  who always need the latest  model.

 

 

 

 

 

 

Sounds like a very similar interpretation to me!