Earlier they were two very different gadgets Traditional Cameras and Cell Phones. The new breed has just mixed up everything in a single instrument. Will mobile cell phone industry be crushing the traditional camera industry? There is a huge debate on the lines of what will happen. Nowadays we have a mobile with the capability of clicking 48 MP pictures, which is much higher than the entry DSLRs. So, what will be the outcome will the industry see buyouts and merges between the two.
Sony merged all its business into one single division earlier in March 2019. Now, only Sony and Samsung are two known companies which are in the business of mobiles and traditional cameras. Do they have an edge over Nikon and Canon? On the business front, there is a famous saying that “Innovation and Marketing are the only two functions rest all is cost by Peter Drucker”.
We have already seen the downfall of Kodak due to lack of innovation. Another way of putting things is shrinking of market share due to
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