Smartphones wiped out 97% of the compact camera market
Camera manufacturers are institutionally incapable of writing good software.I have experience with Sony, and their firmware barely changed in the last decade. Their Wi-Fi and Bluetooth mostly doesn't work. Touch screens are from a bygone era: laggy, imprecise, and without multi-touch. They don't have resolution good enough to check if the photos came out sharp. Their phone apps are a clunky afterthought.Smartphones are running circles around them with computational photography. "HDR" mode on Sony cameras is slow and primitive. I'm not a pro photographer, so I can't justify spending time manually tweaking every RAW file when smartphones do it well 99% of the time.