I knew camera sales were down, especially in the non-SLR segment, but I had no idea they were down so much.
But cellphones have been gently eroding the market for the past four years. Why the swift and sudden plunge of conventional cameras over the cliff? My take? The vast majority of buyers of all cameras, DSLR's, mirror less, high end compacts, etc. were hobbyists and amateur photographers who, after years of pursuing some sort of competence in the craft have come to the conclusion that the whole art genre of photography is somewhat of a dead end.
I think this is a really interesting take on the current state of the camera market. Once everyone has an incredible camera in their pocket that happens to come with their phone, and once all cameras on the market effectively do the same thing, what is driving camera sales? I think the answer is pretty clear; nothing is driving sales. We're currently dealing with an over-saturation of content and technology and the result is flat-lined growth.