Digital Camera Sales

For the past couple of years, the digital camera market was on a downward slope in both sales and revenue generated. This could mainly be attributed to the rising use of smartphones and consequent drop in sales of compact cameras, but also partially to a saturation of the market in general. We reported multiple times on this topic, and in 2014 we've seen a partial rise in sales and revenue for the first time in years.

The most recent good news came from Olympus, and now it's Fujifilm and Sony who report that in the past fiscal year, both sales and earnings generated by their imaging businesses have risen. Again, it's pretty evident what this can be attributed to, namely both companies' orientation away from compact cameras and towards premium models, especially interchangeable-lens cameras.