I believe the next move for camera and smartphone manufacturers will be to include instantaneous HDR image and video capture into their devices.

Now that 'Law of Diminishing Returns' has kicked in and they cannot boast any more practical improvement in performance by packing more pixels into their cameras, they will start to differentiate in other dimensions of imaging for their products.

We have already discussed the move by HTC for better low light performance.

Currently HDR capabilities of these devices is limited to algorithmic combination of sequential captures but this approach has many limitations (Eg. Blurring of moving objects).

But other approaches such as multi-frame capture from the same sensor and parallel capture on two or more sensors from the same optical path do exist. These technologies are both mature and have plenty of room for improvement setting the stage for another spec. race and I am already excited!

Pretty soon our pictures will look even more amazing!