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I've been through this so many times at corporations as perhaps some of you have. You know what happens in a declining market. Anyone can manage in a growing or steady market. But few in management really know how to hold the helm when everything is falling apart around them. Often, they end up getting desperate and make the stupidest decisions when they need to be really sharp and composed. Instead they panic and take drastic action, poor decisions. I remember one manager who told us all in one of our desperate meetings to figure out what to do next as we were collapsing. He was in a bad spot and thought he might lose his job. He said "If I go down, I'm taking you all with me.". That's the sort of stupidity and panic that is likely happening throughout the camera divisions.
Let's see if stupidity and panic or real leadership carries them through this decline.
BTW, the big deal with the smartphones isn't even how much improvement they have undergone or will undergo but at what point the smartphone performance will cross into the "Irrelevant Alley" (TM). In other words, at what performance point do the smartphone camera modules become so good, any advantage enjoyed by the ILC's become irrelevant for the vast majority of the potential customer base? I say, the new 5x and 10x optical zooms and pixel shifting sensors deliver that Irrelevant Alley grade as soon as they begin to ship (likely this summer).
That's one of the reasons the Big Four has shifted toward the full frame and 8K but, for your casual user, that's like having a 500 hp sedan - nice if you can afford it but not a necessity.
I doubt camera prices will go up ... but it's a good bet that the old names in the industry will be taken over much like the old TV brands, where JVC are owned by Shenzhen; Magnavox, Emerson, Sanyo and Sylvania by Funai; Toshiba and Sharp by HiSense; Westinghouse by Tongfang, etc. It would make sense for the Chinese smartphone giants to take over the Big Four at some point just to share the overhead.... After the dust settles dedicated camera prices will likely rise due to the loss of the market scale discount.
The next two-three years are shaping up as a major battle royal. The new Huawei Pro 30 has a 40 MP sensor (probably Sony, probably via a pixel shift, but they ain't talking trade secrets yet), which technically places it above any MFT and APS-C camera on the resolution factor.* Plus, it has a selfie cam. And you can talk into it and post on Facebook and Instagram. This destroys the MFT/APS-C/P&S portions of the market, with the exception of those needing the telephotos for BiF and action. And 40 MPX itself is in the Irrelevant Alley already. And if the MFT/APS-C goes to dogs, the number of total units sold will plummet because Full Frame won't be able to support all these factories by itself. And then the layoffs will become common place.I'm already going through a version of this, we were mainly shooting with professional cameras, (RED, C200, C300 MKII) and with the advent of the Fujifilm XT-3, the mirrorless poorer form factor crossed into Irrelevant Alley...
That's the straw they drew in the negotiations. DFD ain't good enough but they can't change it ... until they're allowed to do so. But S1 sets up everything else.After the latest FW update, it appears Sony has the best AI AF (not that it’s technically hard to do at this point- has been easy for years, just held back / crippled).
S1 doesn’t have usable AF let alone AI AF...
Going mirrorless was the riskiest move of all time for Canon and Nikon because it undermines their sales in the DSLR territory, with buyers wondering about the OEM's commitment to their EF and F-mounts. And, by the time this shakes out, the entire industry can be going the way of the dodo.Sony outselling Canon and Nikon combined: https://petapixel.com/2019/05/03/the-sony-a7-iii-is-outselling-canon-and-nikon-combined-in-japan/ ...
S1 doesn’t have usable AF let alone AI AF
Huh ?
The S1 AF recognizes eyes, faces, human heads, human bodies, cats, dogs, birds, etc...
Check Lok Cheung's three month review of the S1, at about the 2:20 mark where the Panasonic S1 is able to recognise a human head from behind and focuses correctly, but the Sony camera has no clue and doesn't recognize the human head right in front of it.
Sony outselling Canon and Nikon combined: https://petapixel.com/2019/05/03/the-sony-a7-iii-is-outselling-canon-and-nikon-combined-in-japan/
And that's with the heavily crippled A7 III!
No reason to release the A7S III for some time: looks like it will be Fuji X-T3 for those wanting the best bang for buck for a while for video (sales doing well for Fuji- not clear how they compare to Sony in Japan / globally).
Note that the referenced article is for Japan if that matters. If you look at any U.S. news footage where pro journalists are in frame, Canon dslr easily rules this roost. If you go to Fred Miranda's photo site, there is a lot of buzz about Sony and other mirrorless, but if you dig into the pro wedding postings, Canon dslr easily rules. There might be a lot of reasons for this including pro mirrorless is still new and the installed base of Canon products hasn't reached retirement yet. But IMHO, for photography, there isn't much motivation for upgrading beyond gearlust. How much better camera do you need than a 5D4 or 1Dxxx? Some folks just hate Canon since they have always held to strong pricing and stifled features to protect different parts of their product line. At the same time they have revolutionized the markets with multiple products including the 5D2, 5D3, C100, C300. Sure some disgruntled folks will wander off and shoot with a Sony mirrorless of Fuji something, and they might be terrific cams, but this will be a small and isolated part of the pro world.
According to the Bureau of Labor and Statistics (BLS), there are about 50,000 professional part/full time photographers in the US. That's the size of a pro market.
PS. I looked it up a few days ago out of curiosity.
Digital Camera Market Insights
- The number of active social media users is rapidly increasing, due to its cutting-edge features that allow users to stay connected and updated with their family and friends. People use these social platforms to post their pictures, showcase interests, and talents with people with similar interests. The increased usage of social media sites will influence the demand for consumer electronics such as smartphones and digital cameras.
- DSLR cameras will fuel market growth for interchangeable-lens cameras. While professionals and photography enthusiasts mostly buy interchangeable-lens cameras, their popularity among regular consumers is expected to redouble due to their growing interest in photography and increasing disposable income, which makes high-end cameras more affordable.
- A smart camera is a type of digital camera that has advanced connectivity features. Smart cameras can transfer photos wirelessly using Wi-Fi, NFC, and Bluetooth, have the capability of interacting with smartphone and PC applications, and can directly share and upload pictures and videos on various social media platforms and photo-sharing portals. These features will increase the demand of smart cameras, subsequently driving the market growth.
How many professional photographers are there in the US?
The Bureau estimates that there were 54,830 people employed as professional photographers in the US in 2013. This doesn't include self-employed photographers, which would likely add greatly to that figure (there were an estimated ~140,000 photography jobs in 2012).Jan 4, 2015