Canon still king, but just barely

by Patrick on April 7, 2008

Don’t give up Olympus!

The IDC has released their 2007 report on camera sales, and it has some pretty interesting results. Canon still holds the lead with 43% of the DSLR market, but once again Nikon has made some inroads on that lead, this year gaining 7% from 2005 for a total of 40%. From Cnet:

Canon sold 3.18 million single-lens reflex cameras in 2007 compared with Nikon’s 2.98 million, according to a study released Tuesday by market researcher IDC. That represents a 42.7 percent and 40 percent share, respectively, of the 2007 SLR market. It’s a much narrower margin for Canon than in 2006, when it had 46.7 percent of the market, compared with Nikon’s 33 percent.

Sony clocked in at 6%, with Olympus also at 6%, although slightly less than Sony.

Even better news for DSLR fans in general. DSLR sales are growing faster than compacts, presumably because the compact market is so saturated with product, but also because DSLR’s are becoming more and more affordable.

Imaging Resource has more here and Cnet has some coverage of the IDC report here.

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