CIPA's 2022 outlook suggests both camera and lens shipments will slightly decline

CIPA has published its annual outlook, wherein it shares its outlook on the shipment of cameras, lenses and other photo-related products for the 2022 year. CIPA starts off by sharing the data for 2021, which showed total digital camera shipments, which include both compact cameras and interchangeable lens cameras, were down 5.9% year-over-year (YoY) in terms of units shipped. Isolate interchangeable lens cameras, however, and we actually get a .8% increase YoY in units shipped. While positive, i...