03-18-2015, 08:33 AM
Well, the camera industry is surely very different from the rest of the economy.
After a period of hypergrowth, it is clear that the market is saturated now and with few if any new innovations this isn't going to change. The rise of camera phones (and action cams) and the subsequent collapse of the digicam market doesn't help the higher end portion of the market either - an upgrade from a smartphone to a DSLR/MSC isn't an obvious step anymore.
I suspect that the market will shrink somewhat further till stabilizing on a low level.
After a period of hypergrowth, it is clear that the market is saturated now and with few if any new innovations this isn't going to change. The rise of camera phones (and action cams) and the subsequent collapse of the digicam market doesn't help the higher end portion of the market either - an upgrade from a smartphone to a DSLR/MSC isn't an obvious step anymore.
I suspect that the market will shrink somewhat further till stabilizing on a low level.