Futuresource Estimates Digital Camera Shipments Dropped 20% for 2019
Demand for premium digital cameras is rising, taking some pressure off dropping value at the entry level, Futuresource reported. Global digital camera shipments likely declined 20 percent for 2019 due to competition from smartphone cameras, said analyst Cameron Meldrum. Improving…
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smartphone imaging capabilities continue to cannibalize the fixed lens market, “as well as eating into the lower-end DSLR segment,” said Meldrum. Tougher competition from mirrorless cameras has also been pressuring DSLRs, he said. Digital cameras' average selling price for 2019 is expected to be 9 percent higher year on year at $489 on stronger demand for premium models. The mirrorless segment is expected to total $3.6 billion, an 8 percent rise over 2018. Canon remains the market leader overall, followed by Sony and Nikon.