ICinsights camera market predictions: Camera shipments reduced to half by end 2017.

ICinsights (found via MirrorlressRumors) posted an analysis of what could happen with the camera market till end 2017. The overall camera turnover will shrink to a half by end of 2017 compared with the peak reached in 2011.  But the good news for the camera companies is that the System Camera Market is expected to growth. And that’s where companies usually have higher profit margins. As we know from previous Panasonic/Olympus financial reports both companies will focus more on that high-end camera market.

Interesting: If you look at the non conventional camera market the future looks bright. Medical cameras (where Olympus leads the market), Surveillance cameras, car cameras, tablets and smartphone cameras sales are expected to growth further.