🦅 [ perspective ix ]
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​​📷 How the Camera Industry was Hit by Smartphones

Over the past few years, #smartphone cameras have improved significantly. So much so in fact, that many people no longer see the need to carry or buy a dedicated camera. While professionals and photo enthusiasts will always get better results using high-end cameras and lenses, modern #smartphones take pictures that are easily sufficient for the demands of the average consumer.

To the camera and photo equipment industry, the rise of smartphone photography has had devastating effects. According to CIPA, a Japan-based industry group with members such as #Olympus, #Canon and #Nikon, worldwide camera shipments dropped nearly 80 percent between 2010 and 2017.

🚀 @PerspectiveIX via Statista.

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