Market Share 2023: Fujifilm 430,000 Units Sold and 6% Market Share

Nikkei has published the global sales number and market share of digital stills and video cameras sold in 2023. The numbers are based on data from CIPA and JEITA and have been reported by the Japanese website dclife.

Here are the numbers for 2023:

  1. Canon … 3.34 million units (46.5%)
  2. Sony … 2 million units (27.9%)
  3. Nikon … 810,000 units (11.3%)
  4. Fujifilm … 430,000 units (6.0%)
  5. Panasonic … 260,000 units (3.6%)
  6. OM Digital … 180,000 units (2.5%)
  7. Ricoh Imaging … 60,000 units (0.8%)

Nikkei writes that the decline in the global market share of digital cameras is slower than before, and the demand for high-performance mirrorless cameras is increasing. Nikkei says “high-performance mirrorless is strong, and the market is recovering“.

This is more in less in line with the market share given to us by Techno Research System, which is limited to mirrorless cameras, though.

  • Canon 41,2%
  • Sony 32.1%
  • Nikon 13.2%
  • Fujifilm 8%
  • Other brands 5.5%

Considering that Fujifilm has no dedicated video camera, nor DSLRs in offering, it is safe to assume that the vast majority of the 430,000 units are X and GFX camera sales. Not sure if the (almost dead) Fujifilm Finepix line is included in the list, but even if it would, it would be a negligable number.

Let’s put context to these numbers.

In 2023, Fujifilm launched 2 cameras

Moreover, in 2023 Fujifilm kept struggling to produce and ship what they had announced in previous years.

The list could go on forever, but bare with me if I stop it here to avoid to turn this article into a rant.

All I’ll say is that the number, 430K, is way below of what Fujifilm could have shipped if only they figured out a proper way to produce more gear rather than relying on creative, flawed and no-cost solution like using blockchain to improve parts procurement.

They did not increase production (except now for the X100VI). They did not hire more workers. They did not expand factories. They just accepted things as they are and so we got to absurd situation like the one of the X-E4, which was launched in January 2021. I noticed the X-E4 in stock only once in October 2021 and then it was mainly out of stock everywhere until it got discontinued in 2023 while tons of people still had one on pre-order.

The Fujifilm CEO calls this a “normal” situation, but I have not seen other brands struggle as much with deliver as Fujifilm. Sure, it’s not all Fuji’s fault, as nobody could have thought that Fujifilm’s popularity would expload like this. But the years passed, and Fujifilm failed to adjust to the new high demand.

Anyway… it is what it is.

Fujifilm sold 430,000 cameras in 2023. But it could have been easily twice as much if they’d have been able to ship their gear properly worldwide.

Lady Gaga with Fujifilm X-T3, Apple and Microsoft United by Fujifilm Love, Ben Affleck and Ana de Armas using Fujifilm and More – Famous X Shooters and Fuji in Ads

Famous X Shooters and Fujifilm in Ads

It’s been a long time that I have not done a “famous X Shooter” roundup and a roundup of Fujifilm gear used in ads.

Today I am going to catch up with it by delivering a rather big one :).

Thanks to everybody who has passed what they’ve spotted around!

Lady Gaga

Lady Gaga, a renowned American singer, recently starred in a T.V. commercial where she is seen using a Fujifilm X-T3 camera! The commercial is for Nurtec ODT, a migraine medicine. You can see the full ad on YouTube here (screenshot above)

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Fujifilm Manager CineD Interview: Talking X100VI, the Need for Strong Competitors, In Camera Editing… and Internal Memory Storage?

Fujifilm US Manager Victor Ha had an interesting interview with CineD.

The interview is 1 hour and 20 minutes long. I strongly recommend you to watch it all. But if you are in a super hurry right now, here are the main takeaways:

X100VI Success

  • a lot of the X100VI success has to do with luck and timing
  • but also a lot of if has to do with the fact that the camera has gone through 5 generations
  • a lot of people want to make high quality images. Sometimes they are not really photographers, but artists in other areas, chefs, or a different profession or something that requires high quality imaging
  • in today’s world, no matter which you profession you are in, you do need a certain level of image quality that could exceed the phone
  • a large number of people who bought the X100VI are new to the Fujifilm brand
  • traditionally the X100 line always was also a camera that was grabbed by people who have other brands
  • customer base has expended a lot into first time buyers, first time users, first time camera owners
  • the X100VI is also a great product
  • all these things came together
  • Fujifilm has a great reputation in providing tools that are response to feedback of customers, and also balance it with what the market wants and what’s possible technologically
  • X100VI is special because it is a combination between esthetics, design, tactile feel
  • photographers (image makers) are moving towards the desire of having dedicated devices. You want to spend a certain amount of time engaging with a device where you can look through a viewfinder and there won’t be notifications popping up
  • the job of camera manufacturers is to create devices that offer the best image quality possible in different sensor sizes and from entry level to professional market
  • when asked about features like in-camera editing, Victor says the thought of it makes him sick. First, because the JPEG’s coming out of his camera are the best in the business. And there are some options in-camera like push and pull etc (admin note: via the internal RAW converter), so Fujifilm has at some degree on-device editing
  • Fujifilm wants to offer users different ways to get images off the camera, and that’s evolved in the last couple of years (Camera to Could, new XApp, etc)
  • but Fujifilm’s first mission is to provide the best image quality possible. For that you need a good lens, a sensor, processor, image science etc.
  • Fujifilm is very pleased in seeing how Camera to Cloud is being adopted and they see continuous growth and more users try the service
  • C2C is used by photographers and videographers
  • WiFi congestion interfere and create problems with Camera to Cloud
  • internal memory storage? Victor Ha says he would be reluctant to that. He was taught that it’s important to have physical backups. Also, in some cases taking a file from the card can be easier than getting it from the cloud. And taking the files through a cable when you do not have a reader is easier than pulling the card.
  • manufacturers must understand that they need to offer different ways to get files off from the camera, not just one
  • Victor is currently on a trip through Europe with his GFX100SII (+GF50mm and GF80mm) and shooting also street photography with it is very satisfying
  • he did not use GFX so much before, but during this trip he got in deep love for that camera
  • [when asked what if Hasselblad, now owned by DJI, comes out with an attractive MF camera] of course Fujifilm pays attention what other competitors are doing. Victor hopes that competitors come out with tools that challenge their tools.
  • he believes that Fujifilm’s tools will always win in the end because “we have great fans, we have great image science, great colors, great optics“
  • the industry needs to grow and make better tools. Fujifilm needs competition
  • Without a vibrant and strong industry, lots of things will go away and nobody wants that

There is more to the interview, so make sure to check it out in full.

Just a few quick comments:

As far as in camera editing goes, for me the internal RAW converter is one of the big reasons why I stick with Fujifilm (Sony for example does not offer it as far as I know). Because truth be spoken: for hard core editing nothing beats the RAW file and a proper editing software. But I am often around with busses and trains to do my day hikes, and one of the things I love is when, on my way back from a long day of shooting, I can sit in the train, go through the images and pass some time having fun editing the images with the internal RAW converter. By the time I am home, I might have already edited enough images to a point that I feel completely happy with it and I can upload them on my phone and share them… and of course without the need of edit them later on with an editing software.

In the interview they talk about having kind of Lightroom like controls directly in camera, like on the Zeiss ZX1, but personally I think that’s an overkill. I’ll just use my computer for more heavy editing. I prefer to have the simplicity and immediacy of the internal Fujifilm RAW converter to do quick adjustments.

As for the internal storage, I think that would be nice to have, if that would allow for even faster writing speeds over a CFexpress Card, but only if there would still be a memory card slot for a backup. I probably would be too scared to go on vacation with internal storage only, and maybe get my files corrupted 1 or 2 weeks into the holiday. So Victor Ha makes a great point when he talks about having a backup solution somehow.

Camera to Cloud on the other hand sounds like a great idea that faces some real life challenges when it comes to the transmission of those files. I don’t know if any of you uses it. If so, please let us know your experience with it.

Fujifilm Q1 FY2024 Financial Results: Strong Professional Digital Camera Sales Boost Revenue (+33,8%)

The Rise of Fujifilm…

Fujifilm has announced the financial results for the first quarter of the fiscal year 2024 (April 1st, 2024 to June 30, 2024).

In short we can say the professional imaging division is growing strong with revenue up +33.8% compared to last year.

Always in terms of revenue, the professional imaging division (+33,8%) grew even stronger than the Instax division (+17.8%). Now the revenue difference between Instax and professional photography gear is of 18.5 billions of Yen (74.6 for Instax and 56.1 for X, GFX and Fujinon lenses) compared to the gap of 21.2 in 2023.

No wonder that the Fujifilm CEO called their photography business their new goldmine.

With all these great numbers, Fujifilm increased their imaging division financial forecast for 2024:

  • + 6.3% revenue (from 480 to 510 billions of Yen).
  • +12% operating income (from 100 to 112 billions of Yen).

Despite…

So all good and keep going like this, Fujifilm?

Well, not really. We will always find something to moan about. ;)

And particularly, it’s a pity to see that these wonderful data coming in despite Fujifilm having had much more trouble to ship their gear than any other brand.

I can only imagine how the numbers would have skyrocketed, if only Fujifilm would have been capable of matching the terrific demand there is for their cameras and lenses.

Dear Fujifilm:

you have to understand that meeting your sales targets is not enough. What you have to meet is the true demand for Fujifilm gear.

That’s why I can’t find huge joy in the numbers you’ve shared today: I keep thinking at the figures you could have achieved, if only you’d have been able to produce more gear with proper hard work and solid investments instead of trying out some creative solutions that brought no results.

The Report

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Latest and Greatest vs. Oldie but Goldie: this Fujifilm Roundup Has it All

Mixed Zone

I guess it is a bit normal that we are drawn to the latest and greatest, the newest and most shiny stuff.

But truth is: there is PLENTY of wonderful gear out there that has its age, but still delivers wonderfully.

And look guys, I know what I talk about, because I did just photograph a family day trip on the mountains with my X-E3 today ;).

So I thought about making a roundup of a different kind: include all the latest and greatest stuff (the 5th generation cameras and the newest lenses), but also the older gear we hardly ever talk about now (4th gen. cameras or older and older lenses).

I hope there will be something among it that you’ll appreciate as much as I did.

Latest & Greatest

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Capture One Adds Reala Ace Support

Capture One has announced that REALA ACE support has been added in Capture One 16.4.4 for the following Fujifilm cameras: GFX100II, GFX100SII, X100VI, X-H2, X-H2s, X-S20, X-T5, X-T50.

You can download the latest Capture One 16.4.4 here and view the release notes here.

Of course I have the perpetual license, so no Reala Ace for me.

At the end I’ll have to give up on the idea to stick with perpetual licenses. I will start to rent my editing software. But I am not sure it will still be Capture One.

New Fujifilm Tether App Launched and X RAW Studio Updated

It’s Update Day

Fujifilm just released major firmware updates for several cameras and also for a lens.

But that’s not all.

There are updates also for Fujifilm X RAW Studio and also a brand new software has been launched, the Fujifilm Tether App.

So let’s look at what happened.

Fujifilm X RAW Studio

Fujifilm has released an update for the Fujifilm X RAW Studio software.

Fujifilm X RAW Studio Ver.1.24.0 – download here
The software update Ver.1.24.0 incorporates the following issues:

  1. “REALA ACE” RAW development is now supported.
  2. A software bug is fixed that the “COLOR TEMPERATURE” of “WHITE BALANCE” set in “Profile” is not reflected to the preview and recorded image correctly with macOS 14.

Fujifilm Tether App

We told you something new would happen also on the software front, and here it is: the brand new “Fujifilm Tether App”.

”FUJIFILM TETHER APP” provides functions to utilize digital cameras (GFX/X series) by connecting them to a computer. Even if your camera does not support the tethered shooting function, you can use the function to save/load camera settings.

You can read all the details below and download it here.

Compatibility Chart

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The New “Kit” Lens is Now in Stock: Fujinon XF16-50mmF2.8-4.8

The Fujinon XF 16-50mm f/2.8-4.8 is so far in stock almost everywhere such as BHphoto here, Amazon here, Adorama here and Nuzira here.

Fujifilm’s new “kit” lens comes with higher end features like weather sealing and internal zoom. And it’s definitely sharp enough to resolve all 40MP.

So it Begins: Fujifilm’s Latest Gear Starts Shipping (Hopefully Smoothly)

I have received notification (thanks) that the latest and greatest Fujifilm gear started shipping.

In the screenshot above you can see the shipping notification for the Fujinon XF16-50mmF2.8-4.8.

All the gear listed below will be available in store starting tomorrow, June 17.

Latest Firmware Introduces Autofocus Bug to Fujifilm X-T5, X-H2 and X-H2S – Annoying but Easily Fixable

Autofocus Bug

In the past few weeks videos showing the bad tracking AF of Fujifilm cameras surfaced all over the web. And sometimes they come with catchy and clickbaity headlines that might grab attention, but in my opinion do not accurately represent what is going on.

So let’s talk about it in FujiRumors style: boring dry and sober ;).

The reported issues are:

  • when you are in continuous autofocus (not single autofocus) and you have set the camera to face/eye detection, the camera will track the closest thing it finds within the face detection frame and not the eye
  • when you do AF tracking, you get a low hit rate

The headlines that followed were like “Fujifilm AF is a joke” and “this suck” and what not.

But I believe that’s a way too general statement and does not represent the truth. Here is why.

The AF Truth

I have tested it on my X-T5. And yes. The issues are there.

But from here to say “Fuji AF sucks” is just maybe not the most accurate way to describe the issue.

Because the thing is: the issues appeared after the last firmware updates!

So a better headline would be “latest firmware introduces autofocus bugs“.

And also: the issue does not affect all cameras. Probably only X-H2, X-H2S and X-T5.

I have tried to duplicate the issues my X-T5 has with the latest firmware also on my X-E3 and GFX100S, but the X-E3/GFX100S have not the issue at all, and also the Fujifilm X-S20 has not this problem.

So the true realistic headline should be:

“latest firmware updates introduce autofocus bugs to a limited number of Fujifilm cameras“.

But who’d click something with a headline like that, right? ;)

Easy to Fix

All this means just one thing: if Fujifilm is aware of it (and they should be aware of it at least now that we talk about it on FujiRumors), then there should be an easy and quick firmware fix.

An emergency solution could be to offer the previous firmware for download, get the new one right, and once fixed, offer the new firmware for download again.

Thanks for Reporting, but

Don’t get me wrong: if there is an issue, it is great that people on YouTube report about it.

But maybe, in future, try to resist the temptation of clickbait and give a more sober and complete view on the issue.

Because these videos will stay online forever. And once Fujifilm addresses the issue, those older videos that don’t clarify the AF was working much better before and that the problem is limited to the latest firmware will remain online, misleading viewers into thinking that Fuji AF is always bad and there is nothing to do about it.

Also: please do not call out other guys and say they are paid shills if in their past reviews they said the tracking works just fine. They made those statements before the latest firmware update.

Final Word of Fujifilm AF Truth

Final word: besides the bug we have now I also want to say clearly that I believe that, when at its best (hence, not with broken firmware), the Fujifilm AF is not yet on par with the best in class (Sony and Canon).

So I am not saying all is perfect. Fujifilm has to keep working hard to go that little extra step and make its AF just as good if not better than what we get on Sony and Canon cameras.

But from here to say that Fujifilm lags behind 10+ year old cameras in terms of autofocus might be great for views, but it is not true. Bugs can happen, sadly. It happened this time apparently. And I hope Fujifilm is working on a fixing it as soon as possible.

But also in this case: every day the fix is not released, is a day too much. Hurry up Fujifilm!

FujiRumors Independence

And to the guys telling me I ignore such reports because I am paid by Fujifilm: well, here I am, reporting about it.

And not only I report about it, but also tested it on my own cameras and try to give you a more complete report about on which additional cameras might be affected and which ones not.

Look guys: in all these years of blogging about Fujifilm I have received zero money from Fujifilm, zero freebies, zero discounts, zero invitations to events, zero gear rented, zero nothing.

I am 100% free to say what I want and Fujifilm has no power over this blog.

And since I pay full price for my precious gear, I want it to work perfectly. And if there is a potential flaw, I have no problems to report about it, because I want Fujifilm to fix it and my expensive gear to work at its best possible performance.

I am not a Fujifilm employee. I am just like you, a guy shooting with Fujifilm cameras. And I want my X-T5 autofocus to work better than my GFX100S and X-E3, because that is what it is supposed to do.

Videos

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