The public and industrial sector have witnessed a sudden dip in prices of digital imaging solutions in the current market. Some believe the decline of production and demand from the public caused the introduction of lower priced components of the camera itself such as the image sensors.
The introduction of CMOS (Complementary Metal-Oxide Semiconductor) image sensors has shaken the film and camera industry because of its lower cost of production and better performance when used compared to its predecessor CCD (Charge-Coupled Device) sensors which are in older cameras.
Infographic from OmniVision.