Smartphones have killed compact cameras

Via a Benedict Evans newsletter.

2019 outlook on the shipment by product type concerning cameras and related goods (pdf)
“Fascinating set of charts for the Japanese camera industry. The compact camera is now mostly gone thanks to smartphones, but the higher-end removable-lens cameras have stabilized, and at a much higher revenue than pre-digital, and lens sales are doing great. Also, the customer for these cameras is now younger and less male. Digital has opened up pro/hobbyist cameras even as smartphones killed snapshot cameras.”

smartphones-have-killed-compact-cameras

Last week, a look at the demise of CDs. Now, a similar curve for compact cameras. Avoid anything with the word ‘compact’, I think.

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