Financial news service Bloomberg is using Japanese market data to show the extent to which Canon and Nikon are facing competition from mirrorless cameras. The report focuses on the success of mirrorless cameras in Japan, eating into the previously dominant market positions of Nikon and Canon. It goes on to quote business analysts as saying 'in the long run, Canon and Nikon will have to enter the market.' (via Rob Galbraith DPI)

Click here to read the Bloomberg report