top of page

Create and Learn Books - a quick and easy way to learn by doing

raquelasg7

Smartphones Wipe Out Decades of Camera Industry Growth


This article is published in collaboration with Statista

by Felix Richter


One of the standout features in many new smartphones is the camera. With image sensors getting smaller (yet better) and the computational power of smartphones allowing sophisticated image enhancement in real time, photos taken on modern smartphones are edging ever closer to the quality once reserved to expensive interchangeable lens cameras.


And it's not just the high-end of the smartphone market. Over the past few years, smartphone cameras in general have improved significantly. So much so in fact, that most people no longer see the need to carry or buy a dedicated camera. While professionals and photo enthusiasts will (probably) always get better results using high-end cameras and lenses, modern smartphones take pictures that are easily sufficient for the demands of the average consumer. As smartphone makers are rolling out AI features to their devices, phone cameras will only get more powerful, enabling lay users to edit their photos in ways that were unthinkable a couple of years ago.


To the camera and photo equipment industry, the rise of smartphone photography has had devastating effects. According to CIPA, a Japan-based industry group with members such as OM Digital Solutions (formerly Olympus), Canon and Nikon, worldwide camera shipments dropped by 94 percent between 2010 and 2023, wiping out decades of growth. The steep decline was mainly driven by a drop-off in shipments of digital cameras with built-in lenses, the type that casual photographers used to rely on prior to the rise of smartphone photography. In 2023, CIPA members shipped just 1.7 million cameras with built-in lens, down from almost 109 million in 2010.


Start leaning Data Science and Business Intelligence tools:


createandlearn#analytics#dashboard#finance#accounting#tableau#powerbi#excel#sales#datascience#businessintelligence

Comments


The 100 Page Book - Python

Uncomplicated and easy to assimilate structure

Python The 100 page book - cover.png

Power BI – Business Intelligence Clinic

One dataset multiple solutions. Start your journey into the Business Intelligence world with this book.

Power BI 2019.jpg

Excel – Business Intelligence Clinic

One dataset multiple solutions. Start your journey into the Business Intelligence world with this book.

Excel BI ebook 2019.jpg

Power BI, Excel and Tableau – BI Clinic

Learn how to create Dashboard using Power BI, Excel and Tableau.

BI Clinic Complete Single cover.jpg

Power BI Academy: HR Recruitment

Create a complete dashboard for Human Resources. Bonus: 10 Templates

ebook.png

Tableau – Business Intelligence Clinic

One dataset multiple solutions. Start your journey into the Business Intelligence world with this book.

Tableau ebook 2019.jpg

Thanks for submitting!

Subscribe to get tips and free material

bottom of page