NY Times, and no doubt other media sources, report that their profits have plummeted, partly due to the growing popularity of smartphones for everyone who isn't in the water or on the slopes.  Here's their press release.  At least Black Friday sales were excellent.  Gonna be lots of wet & snowy little cameras.

Smartphones have pretty much wrecked the conventional camera industry.  I'm sure Canon and Nikon will continue selling gear for sports photography and other pro niches (surfing, landscape, architecture, fashion, whatever), but it seems their stock prices aren't doing well, and are based on the value of businesses other than photography.  Olympus would probably be better off dropping its camera business.  I think Samsung, which was selling good cameras, already did.  

My S7 doesn't touch my Canon for printing. Looks great on FB. Plus, camera phones not ergonomic. Mayby I'll sell my gear and get one those $200 fits any phone camera super duper only lens you'll ever need thing's. I think most folks just view digital photos, not many print anymore. If they print, the difference is obvious.

  Trying to think of something new

It is hard selling prints but many people are printing images from cameras, I printed 12" X 60" that was shocking good quality

John Sluder Photography
http://www.johnsluderphotography.com
http://www.sluder.net
https://www.facebook.com/JohnSluderPhotography

I'm amazed that my little 16 megapixel camera can produce decent 13 x 19 inch prints.  

I've assumed that phone cameras are destroying the markets for everything but high-end dslr cameras.  But maybe video screens have eroded even that market.   This is at a time when, if cameras were more popular, there would be lots of innovations.  The best present-day cameras are capable of amazing image stabilization and big images.