Digital camera market forecast till 2023: units shipped down, revenue up

A reader sent me this graph from Credence Research that shows the global digital camera market revenue vs. units shipped forecast (2014-2023):

The graph confirms what I already reported a few months ago: there is a trend of rising prices of photo gear and unfortunately what we have seen so far is just the beginning.

Remember the price of new Olympus OM-D E-M1 Mark II camera? The Panasonic GH5 is also rumored to be around $2,000.

After Sony and Pentax, I recently reported that Nikon and Sigma are also rumored to have price increases in Europe next year.

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