Camera sales triple since 2003

By Andrew Hudson Published: April 30, 2012 Updated: February 5, 2016

Despite the rise of smartphone cameras, the sales of standalone cameras has actually tripled since 2003, according to Reuters.

“Camera photography is certainly not dead. We’re just seeing a skewing towards what the smartphone can’t deliver. People are recognizing that and are going for a higher end camera.”
Liz Cutting, senior imaging analyst, NPD In-Stat.

“For several years, it has been predicted that smartphone adoption would cut into camera sales. In fact, the exact opposite has happened.”
Prashant Malaviya, Associate Professor of Marketing at Georgetown University’s McDonough School of Business.

Source: Jeremy Wagstaff, Reuters.

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