Tech Trends: Camcorders Impacted by Smartphones and CamerasJune 2012 By Liz Cutting
Clearly, smartphones have taken a toll on ownership of compact digital cameras. Still, more affluent households have a significantly higher rate of ownership.
Camcorder ownership dropped similarly to compact cameras in percentage of household ownership. However, with a much lower penetration rate to start with, and with more competition than ever both from cameras and smartphones, this category is more challenged.
Camcorder manufacturers must call to action consumers who expect an easy and connected experience to share their moving memories just as easily online as gathered around the TV.—Liz Cutting, Executive Director, Senior Imaging Analyst, The NPD Group