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Old 05-15-2019   #24
Ted Striker
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Quote:
Originally Posted by Mackinaw View Post
Not surprising. Back in January, Canon President Fujio Mitarai said he sees the digital camera market decreasing by 50% over the next two years. That's what Canon is planning for.

https://petapixel.com/2019/01/28/can...ext-two-years/

Jim B.

Yes, you are correct. A lot of people, most in fact, severely discounted what Mitarai-san said, but he's in a position to know a lot more than the forum cognoscenti. The market for traditional cameras is collapsing, and if we get anywhere near a further 50% contraction, there simply won't be enough volume and revenue to go around with the current players. There will be severe contraction coming.
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