As has been expected, February CIPA figures show that camera shipments were treading water in terms of the number of units sold, but the revenue from those units has been increasing as the market shifts both to mirrorless and into more high-end cameras.

The cheap DSLR market is precisely the one winding down, which held the lowest revenues per unit, and the lowest profit margins. In february there were about 15 mirrorless cameras sold for every 14 DSLRs.