Point and Shoot Cameras are Basically Dead

Almost every major camera manufacturer has either openly discontinued its point-and-shoot line of cameras or has not produced a new one in many years, according to a new report. In short, smartphones have all but totally replaced compact cameras.

The compact camera market, colloquially known as point-and-shoot cameras, has been experiencing a massive collapse in worldwide shipments over the last decade and a half. Since 2008, when worldwide shipments reached 110.7 million cameras, the market has significantly shrunk and fallen to 3.01 million units as of 2021 — a 97% drop.

“Although we are shifting to higher-end models, we have strong support for lower-end models, and will continue to develop and produce them as long as there is demand,” Canon tellsCanon denies that it isn’t planning to make new compact cameras, but it hasn’t released a new one since 2019. Sony’s response echoes Canon’s and the company says that it is not discontinuing new product development in the compact camera space, althoughnotes the company hasn’t made a new “Cyber-Shot” camera — its compact camera line — since 2019.reports that Nikon has stopped developing cameras that would fall under its “Coolpix” line, the company’s branding for compact point-and-shoot style cameras.

Ricoh, which owns the Pentax brand, and OM Digital aren’t mentioned in the story, but Ricoh seems unfazed by the market contraction and has notably released two point-and-shoot cameras in the last year:

they're actually having a resurgence on social media. more and more young ppl are buying used point and shoots and comparing the quality to iphones

This will just push up the second hand market for Digital point and shoots! We are ready for this along with the DSLR demise? Opportunity knocks!

We hate smartphones for photography 😅

I still shoot with my Sony RX100 when I don't want to take my dSLR. Something about the pure quality that comes out of dedicated cameras that trumps smartphones even now.

Smartphones will never win. The Ricoh GR3 is just one example.

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