More data out of Japan shows that looking back at the last 15 years, smartphones truly obliterated the compact camera market.
More data from Japan shows that, looking back at the last 15 years, smartphones truly obliterated the compact camera market: the ownership rate of a standalone digital camera in Japan has fallen below 50% for the first time in 19 years.
Graph showing digital camera ownership by household versus smartphone ownership dating back to 2004. Chart byusing data obtained from the Japanese Cabinet Office from a survey of 5,000 domestic households. There have been repeated stories about the collapse of the photography industry for the last several years, and nearly all of them are based on CIPA’s refusal to consider smartphones as digital cameras.
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