From PetaPixel: Nikkei reports major manufacturers of point & shoot cameras have all but stopped making them, as smartphones have taken over the space for portable small cameras.
The story, which says P&S cameras are "basically dead," notes that Canon, Nikon, Fuji, Sony and Panasonic have all admitted that there will be no more compact cameras from them as smartphone makers develop better imaging technology, and consumers run from point & shoots. The market for the small cameras has dropped 97% since 2008, with just 3M units sold worldwide in 2021.
The most recent compact cameras from those manufacturers were released 2-3 years ago.
The story, which says P&S cameras are "basically dead," notes that Canon, Nikon, Fuji, Sony and Panasonic have all admitted that there will be no more compact cameras from them as smartphone makers develop better imaging technology, and consumers run from point & shoots. The market for the small cameras has dropped 97% since 2008, with just 3M units sold worldwide in 2021.
The most recent compact cameras from those manufacturers were released 2-3 years ago.