This infographic comes from a website called Lensvid, which is filled with interesting photographic stories, inspiration, reviews and more.
The site attempts to explain what happened, but their editors as as mystified as I am. Clearly, smart phones are having an impact— why spend the money and tote around a separate smart box when the phone contains a perfectly fine snapshot camera.
But there are hobbyists, amateurs, professionals—and it seems unlikely that shipments dropped by as much as 40 percent in a single year. Unless it was a tipping point. The graph on the top left certainly illustrates a multi-year drop. But why haven’t lenses dropped by a similar percentage? Maybe because the sale of lenses wasn’t so hot in the first place—and once an amateur buys into, say, the Canon system with a digital SLR, they tend to keep their lenses when they buy the new camera body from the same manufacturer.
No surprise that sales of compact cameras are dropping so quickly—a 60 percent drop since 2010—because those the cameras that are most effectively replaced by the cameras in smart phones.
Isn’t it odd: we are taking more pictures than ever before, and yet, the camera business is falling apart. Reminds me of a recent post on LinkedIn by my friend Paul. It appears below, and I can’t quite get it out of my mind.