The annual BCN Awards provide a reasonably good indication of what cameras and lenses proved popular in the year past, and the BCN Awards 2024 show that some familiar faces sold a lot of photography equipment last year.
Following yesterday's coverage of Map Camera's best-selling lenses of 2023 roundup, the popular Japanese camera retailer has also published a breakdown of last year's 10 most popular new and used cameras.
A Japanese camera store has updated its sales floor and strategy in response to not only greatly growing demand but also consumer buying trends. It has also noted that what buyers want is becoming increasingly polarized.
Nikon has released its financial report for the most recent quarter, showing an overall positive growth trend for interchangeable lens digital cameras.
Canon's grip on camera sales dominance continues as a new report shows Canon has nearly half of the camera market share all to itself and nearly double the share Sony commands.
As the digital camera market contracts due to the popularity of smartphones, camera companies are finding that higher profits can still be reached by selling fewer cameras that cost, on average, twice as much as they used to.
In early February, a story on Yahoo came across our news desk and caught our attention: The 16 Largest Photography Companies in the World. We've recently seen it get some traction in our industry and as such want to explain why we chose not to cover it.
In a question and answer document attached to its second quarter 2022 financial results, Canon responds to an inquiry about the future of the camera market by saying it believes it "has largely bottomed out at its current size."
If there was one word to describe 2022's camera sales trends so far, it would be "pivotal." When I say pivotal, I mean it to say that it seems as if a switch has been flipped and the market has turned on its head.
The year 2020 saw digital camera shipments nosedive to a new low of 8.9 million units, down from 121 million units in 2010. It was believed it couldn't get any worse and, indeed, shipments stabilized in 2021. So why do sales appear to be in free-fall again?
The news of falling camera shipments is like the dripping of a faucet. It comes with a regular, steady, beat, and just when you think it has stopped... plink, there it goes again! So perhaps it's no surprise that CIPA -- the trade body for manufacturers -- has a downbeat forecast for 2022, but strangely seems to have missed the good news!
BCN+R, a large retailer and holder of one of the largest databases of electronic sales in Japan, has published the top ten cameras sold in 2021. Notably absent from the list are Nikon and Panasonic.
With an implosion of shipments caused by COVID in 2020, the expectation was that 2021 would see a rebound... until COVID hit again. So how have camera manufacturers fared in what has become another traumatic business year?
Canon and Sony made up a vast majority of the camera sales in 2020, which saw a 40% dip in market size globally during what was an incredibly rough year for the industry and the market is only predicted to shrink further.
Instagram gives its users a sense of trust with people behind huge, popular accounts. One such photographer did not deliver on what he had promised and left his audience burned, with cash out of pocket, unfulfilled print sales, and in legal limbo.
BCN+R, one of the largest databases of electronics sales in Japan, has published a trends report from 2020. While the whole industry struggled, it reveals Nikon specifically is in a rough market position.
A new article published by Business Journal in Japan revisits Nikon's current status in the country and cites a new report that found Nikon has fallen to fifth place in mirrorless cameras in the country with just 7.5% market share.
Doom-and-gloom stories of the state of the camera market have been pretty common over the past year due to COVID-19. But what if the data used to determine the health of the industry was flawed?
As you might expect, the used market is several years behind the new market when it comes to trends. DSLRs had ruled the secondhand market but for the first time, KEH reports their sales have finally dipped below mirrorless.
Canon is preparing for a time when the digital camera market will only ship 10 million units annually, about 8.2% of the number shipped in 2010. With that in mind, the company is slimming down its production, sales, and product lineups going forward.
Nikon's worrisome financial situation has cascaded as a result of the deflated camera market caused by the fallout from COVID-19, and in an effort to recover from what is expected to be its worst financial year ever, Nikon plans to focus its efforts on mirrorless.
While Sony likes to mention to the media that it is the #1 interchangeable lens mirrorless (ILM) brand globally, its statistics often refer specifically to full-frame. Across all ILM cameras, Canon and Olympus have been Japan's top ILM brands over the last decade, but Sony has regained top position.
Yodobashi Camera has published its top ten cameras sold in December of 2020 and the Canon EOS R5 it at the top of the list. While we're still waiting for BCN+R and CIPA to reveal December sales numbers, this is the second major retailer to report the popularity of the R5 in December.
The success of Canon's R5 and R6 mirrorless cameras have exceeded the company's expectations and it has revised its 2020 fiscal year earnings over initial projections. The company logged net income of more than a quarter of a billion dollars in excess of its original estimations.
MapCamera, one of Japan's leading camera retailers, has published its top 10 sales for new and used digital cameras in December of 2020. The top slot for new cameras was claimed by Canon for its R5, while Nikon's Z7 II entered the ranking at number two. The Fujifilm X-S10 was third.
While monitoring the camera market over the past year has been like riding a volatile roller coaster, now that 2020 is behind us it can be properly evaluated as a whole. BCN+R, a major Japanese camera retailer, has released its data from the whole of 2020 and it is unsurprisingly pretty bleak.
CIPA has published its global camera shipment and value numbers for November 2020 and the recovery seen in October appears to be stabilizing. Though volume has decreased year over year, the value of shipments is nearly in line.
It's been a rough year for camera sales, but CIPA's latest report on October's global camera shipments is showing that the worst might be behind us. While the September report showed a nice upwards sales trend, October has shown a near-full recovery of the market.
October sales ranking from the six leading dealers in Japan has been released by Phileweb showing the Sony a7S III outsold both the Canon EOS R5 and R6 last month, but Canon still beat out Nikon in the DSLR category.
In what is perhaps the best good news for the camera world in 2020, BCN Ranking out of Japan found that October was remarkably strong for mirrorless camera sales, outperforming the previous year's level for the first time in 14 months.