andyhtc
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The Smartphone vs The Camera Industry
Sadly, the outlook for the camera industry is looking pretty grim. The camera companies that will most likely survive their new enemy, the smartphone, are going to be those who already have a strong client base. They will continue making specialized tools for enthusiasts and professionals, but their profit margins and market shares are going to shrink, while smaller R&D funding budgets will also impact new camera and lens release cycles.
https://photographylife.com/smartphone-vs-camera-industry
Sadly, the outlook for the camera industry is looking pretty grim. The camera companies that will most likely survive their new enemy, the smartphone, are going to be those who already have a strong client base. They will continue making specialized tools for enthusiasts and professionals, but their profit margins and market shares are going to shrink, while smaller R&D funding budgets will also impact new camera and lens release cycles.
https://photographylife.com/smartphone-vs-camera-industry