Originally posted by ruggiex
Using that logic you may as well say P&S isn't shrinking because there has been so many millions of them sold over the years and they are still out there. So any additional new purchase is just adding to the existing user base therefore that segment is actually growing. Without actual growth or at least reasons for users to update their devices, there's no sustainability for camera makers.
Smartphone cameras can replace P&S because their sensors are not so different. In fact, smartphone sensors are getting better; it is the optics that are lacking. Smartphones are basically decent light P&Ss with phenomenal connectivity.
The P&S market will continue to survive in a rugged form, a cheap form for those who don't really like using their phone, and a bridge camera, the latter of which will sensor size up a lot and challenge many DSLRs.
Smartphones do not cannibalize higher-end, dedicated camera sales. Compact Kia cars do not take away from BMWs. BMW responds by making Minis.
---------- Post added 08-08-14 at 04:07 PM ----------
Originally posted by RonHendriks1966
For dslr that is not the case yet and the number of working camera's is still increasing. On the other hand I know a good deal of people who have a dslr somewhere in their house never using it again.
That type of wishful thinking has ALWAYS been part of the camera market.
And windsurfers. And gold clubs. And fishing rods. And weight sets. And ultralight planes. And rock tumblers. And telescopes. And so on.....
---------- Post added 08-08-14 at 04:08 PM ----------
Originally posted by monochrome
entax did not make this mistake. They overbuilt Q and K-01, certainly, but that was a demand rejection, not a supply error.
The multi-colour, custom order system has been Pentax's primary consumer-grade channel response. They make a certain # of all-black shelf queens, are pretty dialed in on the K-3s, and the rest is built to order.