Are Point and Shoot Digital Cameras Going the Way of the Twinkie?

Share it with your friends Like

Thanks! Share it with your friends!

Close

TechInAsia posted a great article about the dwindling market for Point and Shoot Digital Cameras.  What is it that’s sending these once popular devices the way of the Twinkie?…  Why, it’s your SmartPhone, of course.

TechInAsia Reports:

Much has been said about the effects of the mobile revolution on console gaming. The past few years have not been kind to Japanese game console makers especially, as casual players get their gaming fix with mobile titles like Angry Birds and Plants vs Zombies. But smartphones are having an impact in other industries beyond gaming. Now that their cameras are much improved, point-and-shoot cameras are starting to see serious effects.

The Sydney Morning Herald cites numbers from Japan’s Camera and Imaging Products Association that say global shipments of digital cameras from Japanese companies are down 42 percent in September compared to the same time the year

(Image courtesy of TechInAsia)

before. While some of this is due to a high yen and widespread boycotts of Japanese products in China, the effects that smartphones have had on the industry shouldn’t be underestimated.

But as smartphones up their camera capabilities, camera companies will try to make smarter point-and-shoot models, with features like wi-fi connectivity, cloud storage, and social sharing becoming more common on cameras.

Samsung’s recent Galaxy Camera is a good example of this. But the Korean maker is in a good position to experiment with smart features given its dominance in the smartphone business so far. Other traditional camera makers likely won’t be as quick (although it’s good to see Nikon trying).

But given that many high-end smartphones are beginning to rival the photo quality of many compact camera, it a hard for manufactures to expect consumers to buy both. Just like many casual gamers have made a choice to move away from consoles, smartphones are only going to become a more attractive choice for casual photographers.  (Read Article on TechInAsia – Video courtesy of The New York Times)

Our Take:  Look for technological advances and huge upswing of Wi-Fi capable cameras to take hold, but not so much in the point and shoot market as in the next few steps up – Namely fixed lens compact cameras (like the Sony RX100 or Panasonic LX7, which are not Wi-Fi capable yet) and in interchangeable lens mirrorless cameras like the Sony NEX 5R and NEX 6, the Olympus PEN Lite E-PL5 and PEN Mini E-PM2 (which have an eye-fi card included) and the Panasonic GH3, which already have Wi-Fi capabilities.  Frankly, advances in cell phone cameras will allow them to keep pace with, or even surpass, point and shoot digital cameras, but they won’t be in the same league with the fixed lens and interchangeable lens compact system cameras, which will appeal to a broad new market as prices come down.

If you’re looking for the next step up from your cell phone cam, take a look at our recommendations below.

Check out some of our favorite fixed lens compacts here

Here are some great interchangeable lenses compact system cameras

Comments

Comments are disabled for this post.