Yes, but they will face a dominant Sony and a talented and agressive Nikon, plus tens of millions of superbly performing smart phones that will make their cheap offering a lot less relevant.
I’d be surprised if they had more than 30% market share in 3 years.
Cheers,
Bernard
But that doesn't change the landscape. They all suffer the smartphone problem, so for marketshare purposes it can be ignored.
Nikon may be talented, but have an extremely long trackrecord for not turning that into more marketshare.
Which leaves Sony and Panasonic, both of which might be able to eat away some marketshare on the basis of video demands. In most other respects, it is not going to replace Canon's professional market and services.
Now, admittedly,
that particular marketshare may already be distributed as per your assessment of 30%. It has already been mentioned in this and other threads that we don't really know undiluted numbers...