Camera companies are reporting 2013 declines in DSLR (Digital Single Lens Reflex) sales. Broken down by brand, FujiFilm and Sony are down 35 percent year-over-year, Canon down 23 percent and Nikon down 18.2 percent. There are several theories that try to explain the decline. I believe in the ”better smart phone camera” theory.
When the digital camera was introduced in the early 2000s, it became easier and less expensive for individuals interested in exploring the world of photography. As I reported before a sudden influx of “I bought a camera so now I’m a photographer” shooters emerged. As the technologies improved, so did the quality of work being produced by the new photographers. Also improving over the last ten years were the cameras inside smart phones. I must admit, I’ve been impressed with some of the images produced with these phones. Lately, even eye glasses and watches housing cameras are being manufactured.
I believe both Canon and Nikon see the writing on the wall. To avoid the same path as Kodak took both should be exploring other income producing ventures.