Twenty years ago, sending someone a photo meant digging out the camera, processing the film, having the prints developed and popping a copy in the post. Ten years ago it was a matter of downloading your pics to computer and attaching it to an email. Today, however, we can take and share photos by phone in a matter of moments with no need for a traditional camera, let alone film, prints or the assistance of the Royal Mail; technology has thoroughly disrupted the photography market.
But it is far from alone. Any market, particularly if it is dominated by established players with a traditional approach, can find itself turned upside down by the arrival of new technology, according to George Tovstiga, professor of strategy and innovation management at Henley Business School.
Read more in The Times