This week LensVid posted what is becoming their annual breakdown of what happened in the year of camera sales. Along with predictions for the coming year and a very handy infographic and video.
Along with the information of what actually transpired in 2015, they also review their predictions for last year, and they did pretty well.
Their predictions for 2016?
- 2016 will be a better year for the photography market. With that said, we still expect the total number of cameras sold in 2016 to be below 30 million – or around 15% decrease compared to 2015.
- On the other hand, we expect more DSLR sales in 2016 – with a one digit increase, and more or less the same increase in mirrorless cameras.
- We are predicting that compact cameras will drop below 20 million and may even get close to 15 million (compared to 22 million in 2015).
- Finally, Looking a bit ahead in the next 2 years DSLRs and mirrorless cameras will have a bigger market share than compact cameras, which we are predicting – will become a niche market before the end of this decade.