Canon is considering to withdraw from the low-priced compact digital camera market

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Canon is considering to withdraw from the low-priced compact digital camera market (cameras priced under $200) and concentrate on DSLR models in the future. The company is citing plummeted compact cameras sales as a result of fast growing smartphone market.

At the same time Nikon sees smartphones as an opportunity:

Nikon now sees smartphones as an opportunity, not as a threat - they are now making cameras to be "always connected" to mobile devices (Wi-Fi) for picture sharing, etc. Few weeks ago Nikon was also seeing future growth in more advanced compact cameras.

Via Digicame-info, Nikkan

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  • togwood

    Hey Canon, I have got an idea. Stop putting slower and slower lenses on your compacts and stop giving them too many megapixels. If compacts had better image quality than phones people will start to buy them again.

    • ashwins

      I don’t think so, togwood. The main point is to be able to share photos instantly in social media, like Facebook. And in that smartphones are superior. And since the smartphone cameras are getting better and better, then that’s it…

      • Eric Calabros

        Most people dont care about noise! at 2048×2048 resolution even iso 3200 looks clean

        • Jon Ingram

          True

    • ohnocanon

      huh? Togwood….you ..huh? What?? Canon still thinks it is 2008. Freakingly old sensors still being placed in 2014 cameras.

    • Paul

      I agree, if the cameras had better output then yes, people would use them over the cell phone alternative. The problem is in that <$200 category, I think they can barely manufacturer a camera that is slightly better than the cell phones cameras. Also, they have to be more than "slightly" better to overcome the inconvenience 'cost' of carrying two items around – phone and compact. So I think this is just an 'unsustainable' segment for the manufacturer unless they become part of the cell phone in some way, ala Nikon's stated strategy.

  • Sky

    Definitely a good idea. Go for it Canon!

  • John Cardwell

    Finally, a sensible decision from Canon. Just amazing it took them so long to make it. Let’s hope that their focussing on high performance cameras brings some investment in sensor technology.

    • Sky

      “Just amazing it took them so long to make it.” – it still took them less time then everyone else. Cause you see – pretty much every single company on the market is still making low-price-tiny-sensor compacts. That includes Sony which is currently considered market leader in innovation.

      • Mr.Black

        Excluding Pentax. They stopped producing those kind of cameras a few years ago. Their cheapest model is entry level underwater compact camera WG-10 which is obviously .not threatened by cell phone cameras.

  • moparern

    Other camera manufacturers will follow suit. It just depends on how fast they wake up.

  • http://genotypewritings.blogspot.com/ genotypewriter

    Hope this means bigger and better sensors across all cameras. Hope they will go beyond 35mm at some point too.

  • joe_l

    In my humble opinion, the holy grail for digital photography today is to very significantly improve dynamic range, way beyond where we are now. Fuji´s two-sizes pixels, and HDR tricks are good attempts, but we are not there yet. That will require new and possibly revolutionary technologies.

    • Anto de Chav

      Don’t Red have 20stops in their dragon sensor ?If Red can do it then Sony and Canon should be able to do it too..

  • Memento da Silva

    too late.

  • saywhatuwill

    My Powershot SD950 had been one of the best cameras I’d ever used. There was no vignetting in the corners so I was able to stitch photos together for panoramas and there were no dark areas. It was versatile and best of all it had an optical viewfinder. Unfortunately for me some big blobs started showing up when the camera was zoomed all the way to telephoto and I had no way of cleaning it out. I guess I can send it in to get fixed, but there were some hot pixels forming too, so I had to let it out to pasture. I think Canon makes the best P/S out there and this is coming from a person that used Nikons exclusively until the Canon came about.

  • burnitwithacid

    They’re missing the boat. Partner with Apple, provide the camera subsystem. Even if they only make a $2-3 profit per iphone they’d make more then the profits on their entire current compact camera lineup. Apple needs all the help they can get, and Canon is a big name people recognize. Samsung would never do it, but HTC would be another option.

  • burnitwithacid

    They’re missing the boat. Partner with Apple, provide the camera subsystem. Even if they only make a $2-3 profit per iphone they’d make more then the profits on their entire current compact camera lineup. Apple needs all the help they can get, and Canon is a big name people recognize. Samsung would never do it, but HTC would be another option.

  • outkasted

    Hopefully Nikon will follow suit. Coolpix ain’t so cool anymore except for the underwater joint.

  • ohnocanon

    The reason that compact cameras are not doing well is…every camera phone..cept Apple,,they are stuck at 8mp…lol …MP count is 13mp to what? 40MP…Why carry around a phone that can shoot pictures..along with a compact camera…makes no sense.

  • zoomer25

    interesting. when are people going to realise that a 8 megapixel smart phone is not the same as a 16 megapixel digital camera. the sensor in a phone is smaller than your finger nail. yes quality maybe good outside in daylight. try doing indoors even with flash. also put a smart phone in one hand and a camera in the other,look at how much light is going into the lens. big difference hey….i work in a photo lab,the amount of customers in the last year who are pulling out their digital camera again to get better quality photos is amazing. they want photos onto canvas you can get that with a digital camera,not a smart phone.

  • Bobbi

    I am looking for a good digital SLR camera. Under $500.00. Which do you think will be the best? Thank you.

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