Lensvid: What Happened to the Camera Industry in 2024?

Lensvid analyzed the official CIPA shipment data and concluded:

2024 was the first year since 2017 where we have seen a year-to-year increase in the number of cameras sold/shipped globally – from 7.8 million in 2023 to 8.3 – an increase of over 6%.

And they attempted a forecast:

Looking ahead to 2025 we don’t expect big changes. If anything we believe that unless some big global changes occur this year (again), we are going to see mostly more of the same with possibly a slight increase in sales (especially with mirrorless cameras at the expense of DSLRs) and maybe even an increase in compact cameras thanks to the interest in the X100 line from Fujifilm (and possibly a new RX1 replacement) and some of the instant cameras (even basic compacts have seen a renewed interest, especially in Japan).