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Digital Camera Market Continues to Shrink – Canon Still Dominates

According to Nihon Keizai Shimbun (Nikkei Inc.), the worldwide digital camera market (derived from “Inspection World share 74 items”) was down 22.4% in 2019 in comparison to 2018, which was already down 22.2% from 2017 continuing a worrisome spiraling downward trend. Digital Camera Market in 2019 – An Overview Despite the overall market shrinking, Canon was able to gain 2,4% in market share, dominating the market once again with a staggering 45.4% ahead of their fellow Japanese competitors: Sony (20.2%), Nikon (18.6%), FUJIFILM Holdings (4.7%), and Panasonic (4.7%). All of them together hold 93.7% of the market. Canon sold and shipped approx. 6.7 Mio units in 2019, which was more than Sony, Nikon, and FUJIFILM combined. Sony was also among those to improve its stake, increasing their market share by 0.9% from the previous year. CMOS Sensor Market 2019 Also noteworthy, while the overall digital camera market is shrinking significantly again, the CMOS sensor (Information/Device) market was up 22.8% from 2018, with Sony controlling the market at 53.5%, extending their share by 4.4% ahead of Samsung electronic with 18.1% which lost 1.9% of its share. This is clearly mostly due to the increasing use of (more than one) CMOS sensors in smartphones, where Sony dominates global supply. CMOS Sensor Market 2019 – Inspection World share 74 items (Credits: Nikkei Inc.) Digital Camera Market 2019 – Data, Considerations, and Outlook The Nikkei Inc. data and the evaluation of the data by Digital Camera Info are only looking at data that was...

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Published By: CineD - Monday, 17 August, 2020

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