Tech Trends January/February 2023

Tech Trends January/February 2023

1062
DIR-Tech-Trends-Graphic-2017

Promotions & Full-Frame ILCs Help Drive U.S. Holiday Camera Sales

Port Washington, NY—For Tech Trends January/February 2023, we look at holiday camera sales. Detachable-lens camera sales revenue grew 9 percent during the 2022 holiday season. Revenue was driven by both the mirrorless and DSLR camera segments, according to the NPD Group’s Weekly Retail Tracking Service.

Tech Trends January/February 2023

Mirrorless interchangeable-lens camera sales revenue grew 11 per this past holiday selling season. This growth was fueled by a stronger promotional environment, with average sales prices (ASPs) down 11 percent after two years of 20+ percent growth. Further, this was spurred by a strong interest in full-frame cameras. They accounted for 64 percent of mirrorless camera sales.

Detachable-Lens Cameras: Yearly Revenue Growth by Segment; Holiday 5 Week

Tech-Trends-1-2023-Promo-Full-Frame
Source: The NPD Group/Weekly Retail Tracking Service
Time Period = Nov.20–Dec. 24, 2022, vs Same Period Prior Year

In addition, digital SLR sales revenue increased 5 percent over holiday 2021 figures. NPD also attributed this to steeper promotions.

However, ASPs were 14 percent lower than a year ago. This drove a 21 percent unit increase as some of the category’s top brands are exiting the market.Ben Arnold, Executive Director, Industry Analyst, the NPD Group

NO COMMENTS

LEAVE A REPLY