We live in the digital age of photography. Since 1979, the total market value of camera sales more than doubled. More than that, In 2005, the traditional cameras disappeared from the market. At around the same time the iPhone was launched. The market value peaked in 2007 then decreased and is stable since then.
What I find fascinating though is the constant value for camera with interchangeable lenses. The following tweet from Steven Sinofsky provides a few explanations why.
We now live in the digital age of photography. There is no turning back for sure. Now, what comes next? Kudos to those who can read the future.