The folks ar LensVid posted an interesting article about what happened to the camera industry in 2015. The infographics above gives you a quick overview.
More interesting, the people at LensVid put together some predictions for 2016:
- 2016 will be a better year for the photography market. With that said, we still expect the total number of cameras sold in 2016 to be below 30 million – or around 15% decrease compared to 2015.
- On the other hand, we expect more DSLR sales in 2016 – with a one digit increase, and more or less the same increase in mirrorless cameras.
- We are predicting that compact cameras will drop below 20 million and may even get close to 15 million (compared to 22 million in 2015).
- Finally, Looking a bit ahead in the next 2 years DSLRs and mirrorless cameras will have a bigger market share than compact cameras, which we are predicting – will become a niche market before the end of this decade.