Is digital camera market shrinking?

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nikpharm Contributing Member • Posts: 598
Is digital camera market shrinking?
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It seems the digital camera market is still shrinking after being down 80% compared to 2012.

Canon Cut Production At Chinese Factory, Considers Full Shutdown

Canon being the largest player in the digital camera market has started feeling the crunch while other smaller shareholders will sooner or later feel the effects of the diminishing sales.

Will all this hinder the innovation in digital imaging anyway and further delay the release of new technology, not to forget the supply chain issues.

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Regards
MK

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