CIPA confirms: Camera shipments had worse ever start in 2020

Cipa confirmed the worse camera shipment data since the digital revolution. Never did companies sell so few camera in th months of January (with never I mean since the peak from 2012). Mirrorless sales dropped y 11% (in terms of units) and by 19% (in terms of value).

And with the additional China production halt and economy slowdown I expect 2020 to be far worse than I could have imagined.

Things might go so bad some companies will definitely drop out of the market?