Deathwatch: Digital cameras!
Digital cameras were once the most amazing thing that ever happened to anyone who wanted to take photographs of their genitals without the shame of getting them developed by a mucky bugger in a darkroom.
However, the industry that was once worth £843 million is on the slide, thanks to smartphones.
Around three million consumers now reckon they are incredibly unlikely to ever replace their camera when it breaks because they can now rely on their phones. Likewise, camcorder sales have dropped.
Mintel Technology Analyst Samuel Gee said: "Although smartphone cameras do not typically match the quality of output of dedicated devices, the technology is consistently improving, as the quality of camera image output becomes too high for consumers to reliably distinguish between competitors."
"Dedicated device manufacturers investing in digital services and including social connectivity and image-editing features in upcoming devices will remain a more enticing proposition in the face of gently growing opposition."
"As newer technology continues to improve the specifications of top-end equipment, measurements like megapixel density or the top level of optical zoom possible will become meaningless to consumers best served by less expensive, middle-of-the-field devices."
For now, hipsters with SLRs are keeping camera sales afloat... which obviously means the camera industry is doomed.