As per InfoTrends’ 1.2 trillion digital photos will be taken worldwide this year & of which 85% will be captured on smartphones. What does this boom in smartphone photography mean for digital & traditional camera?
According to CIPA, a Japan-based industry group with members such as Olympus, Canon and Nikon, worldwide camera shipments dropped by 84% between 2010-2018. It was mainly due to drop-off in digital cameras with built-in lenses, on what casual photographers used to rely previously.
“the best camera is the one that’s with you”- award-winning photographer Chase Jarvis. Smartphones are ubiquitous, portable and convenient. We carry smartphones everywhere, always, unlike cameras.
Due to social media sites like Instagram and instant messaging services like Snapchat the speed of content creation & consumption has increased. Smartphones allow you to click, process & publish photos instantly, all from the same device.
Tech-wise, the best camera phones pack more pixels than most medium format cameras and boast 8K video capabilities too. Recent improvements in image depth and performance in low-light conditions have blurred the major differences between smartphones and cameras.
So will the camera industry suffer the same fate as Kodak?