The organizers of the largest exhibition of photographic equipment, Photokina, announced that the event was closed. This happened
Organizers say the total closure is not directly caused by the pandemic. It only accelerated existing trends. The fact is that the photo market has already been declining at a rapid pace for some time.
It is noted that the decline in the market for goods forimage processing is long-lasting. Experts attribute this to the pressure of smartphones with cameras. After all, the vast majority of people are satisfied with what their mobile device can offer them.
It should be noted that Photokina back in 2017announced a staff reduction. Now organizers say the event is on hold until further notice. That is, there is little hope for the resumption of the exhibition.