Chart: How the smartphone sales have affected the camera industry

Have the smartphones killed the cameras? Based on the Statistics Data Facts graph, the response would seem to be yes.

Using records from CIPA and Statista, the chart shows the precipitous decrease in camera revenues after 2009 and how smartphone revenues increased in the same era. As smartphone camera technology has improved over the last few years, their comfort and compactness have made them a more appealing option to a compact camera. While the best phone cameras are still behind the DSLR cameras in image quality, the difference for the casual user is negligible, and the fact that people always have their phones with them makes it even worse