People Are Buying More Cameras, Prices Are Falling

Camera shipments are rising but prices are falling; good for the consumers, bad for the manufacturers. No, wait. Cameras are selling more because they’re more affordable now; good for the consumer, good too for the manufacturer.

That appears to be the gist of a report by InfoTrends, which said that the average digital camera price is projected to slip from $298 in 2006 to $191 in 2011 in North America.

InfoTrends said in the compact camera segment, average prices are projected to drop from $262 in 2006 to $163 in 2011. Digital SLR (single-lens reflex) cameras, which offer higher performance and interchangeable lenses but are bulkier and costlier, are projected to drop from $966 to $507 over the same period.

“There are a lot more affordable models,” the report said.

[Via: CNET]