August 2013
Smartphones take bigger bite out of digital camera market
IDC predicts that worldwide sales of digital cameras will fall to 76 million for all of 2013, compared to 118 million in 2012, and a projected 63 million in 2015. The shrinking trend is expected to continue down to just 51 million in 2017. The reason is that smartphones contain ever-better cameras and apps. Our take: It is indeed baffling how digital camera makers stand by with, not recognizing that tiny LCDs and mostly useless features (think toy camera, pet face recognition, silly frames, sepia, etc.) won't do against already very good integrated phone cameras and a flood of terrific, innovative apps. -- Posted Thursday, August 22, 2013 by chb