A whopping decrease in the use of cameras was observed in the year 2019 when the camera shipment from popular companies like Nikon, Olympus, and Canon experienced an 87% decrease. The record by CIPA focuses that how the rise of smartphones has affected the growth of cameras. In contrast with the cameras, smartphones have made extravagant advancement in their computational power and features. Ever since smartphones took a striding lead in the technology world, people have immediately switched to this invention. Despite being cost-effective and multi-feature, these devices also help people explore the world right away.
The following chart represents the massive decline in the percentage of shipments that took place between the years 2010 and 2019 in Japan. It is important to note that since the newest models of smartphones are installed with advanced lenses and features that give results equivalent or even better than the cameras, people do not find it necessary to have a smartphone along with a camera.
40 years of Camera industry come crashing down as smartphones hit the top
The increase in the market of smartphones in the recent decade has also put immense pressure on the production of cameras because no matter how much advancement is brought to the table, smartphone developers always find a way to instill a piece of it in their produce. It is evident from the following infographic that the market for cameras went downhill between the years 2010 and 2019. The invention that took over 40 years to stand its ground took just a decade to get overrun by the smartphones.
Infographic by: Statista.com
