2025 is both anticipated and dreaded in equal measure by the MFT community. While Panasonic did launch some new MFT cameras in 2024, such as the well-received GH7, there’s a lot of trepidation about what the coming year might bring for the system. For example, the announcements of the updates to the G97/G99M2 and G100D models felt very minor affairs.
But the complete lack of any new lens announcements, along with a conspicuous absence of rumors about new glass for 2025, has triggered a wave of pessimism amongst industry observers. This is in contrast to some earlier years where new lens rumors would almost always be surfacing.
A Bleak 2025 for MFT?
The general feeling, especially among those deeply involved in the camera technology, is that Panasonic’s MFT offerings will be pretty bleak in 2025. Not to let emotion get in the way, but the trends are such that the best-case scenario could be the release of new models in the compact GM/GF line. Although Panasonic has clearly stated that they are not leaving the compact mirrorless market, this could be the only thing to watch out for next year.
Many shooters that prefer more compact, light cameras see this potentially upcoming release of the GM/GF as the silver lining, insinuating there may be life in the series yet. Safe to say that is definitely not what most enthusiast MFT users are really waiting to hear, though.
Lens Nowhere on the Horizon?
To add to the concern, there’s virtually no indication of any new lenses coming from Panasonic for the MFT system in 2025. The complete lack of rumors regarding new lenses is particularly noteworthy and would seem to indicate that Panasonic may believe their current lineup of MFT lenses is adequate. Is this a reasonable decision that will keep the users happy, or is it hubris that will ultimately cost them in terms of market share? Of course, it is always possible that Panasonic has something up their sleeve.
Why the Pessimism?
The pessimism is rooted in a few realities:
- Market Dynamics: The overall camera market is very competitive and MFT is not the biggest. Full frame and APS-C systems often get the lion’s share of development resources.
- Profitability: MFT, while offering unique size advantages, may not be yielding the profit margins that entice manufacturers to continue major development investment.
- Focus: While developing full-frame cameras and systems using AI and other more advanced technologies, Panasonic has made major forays into other segments. Are these alternative technologies merely a distraction from the older m4/3 technology?
Hope in darkness
While the current information and industry trends paint a grim picture, it’s not beyond reason to expect a few surprises. Maybe Panasonic is changing its strategy and will surprise us.
The truth is: We can’t predict the future. What we can do, however, is base our analysis on current events, and based on this analysis, the future for Panasonic’s MFT system seems to be at a crossroads. If you’re invested in MFT or considering it, it’s crucial to be aware of the market forces at play. While we must be realistic, that does not mean we cannot be hopeful.
What It Means for You
- If you have current MFT equipment, the lack of new releases could mean slower depreciation of used equipment on the market.
- If you are considering MFT investment, 2025 may be the best time to get used equipment at very decent prices.
- If you are waiting for new releases, it might be a good idea to manage your expectations, or to consider whether another system is a better fit.
Conclusion
Looking ahead to 2025, the future of Panasonic’s Micro Four Thirds system is anything but sure. With any luck, there may still be some significant development left in the compact camera segment, but with no lens rumors to speak of and the relatively minor refreshes to current models in 2024, MFT shooters have some cause for alarm. Let’s hope the fears are unfounded. The proof will ultimately be in the products-or lack there of-that Panasonic finally ships.
