Digicam Market Has Matured
CNET News have a brief but interesting report on the state of the digital camera industry, based on a report by research firm IDC. Apparently the market has already matured, with sales expected to be strong in the next couple of years and then decline in the long term.
“Digital cameras won’t become as ubiquitous as film because manufacturers became obsessed with features instead of the unmet market,” said Chris Chute, digital imaging analyst with IDC. “They were rewarded with market growth, but once they filled that bucket there wasn’t any other bucket to fill.”