Thom Hogan on the projected sales CIPA interchangeable lens cameras:

“It really doesn’t matter how you interpret things, though. This just isn’t a strong picture we’re looking at here. Best case is that we see further decline in interchangeable lens cameras. That’s best case. And that’s from the most optimistic players in the room.

Still, CIPA’s press release just has me scratching my head: “It is highly expected that there will be a so-called step-up demand among users who first discover the joy of photography with low-end digital cameras and smartphones. That is, these users will gradually seek higher resolution and higher functionality that allows them to take photographic scenes that will never be possible with low-end products and so they purchase higher-end digital cameras to improve their photographic experience. In summary, shipments of digital cameras with an interchangeable lens are projected to show steady growth compared to that of digital cameras with a built-in lens.””

Source: The World According to CIPA