Nikon 1 V3 vs Olympus E-M5 III

The Nikon 1 V3 and the Olympus OM-D E-M5 Mark III are two digital cameras that were revealed to the public, respectively, in March 2014 and October 2019. Both the V3 and the E-M5 III are mirrorless interchangeable lens cameras that are based on an one-inch (V3) and a Four Thirds (E-M5 III) sensor. The Nikon has a resolution of 18.2 megapixels, whereas the Olympus provides 20.2 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Nikon 1 V3		Olympus E-M5 III
Mirrorless system camera		Mirrorless system camera
Nikon 1 mount lenses		Micro Four Thirds lenses
18.2 MP – 1" sensor		20.2 MP – Four Thirds sensor
1080/60p Video		4K/30p Video
ISO 160-12,800		ISO 200-25,600
Viewfinder optional		Electronic viewfinder (2360k dots)
3.0" LCD – 1037k dots		3.0" LCD – 1040k dots
Tilting touchscreen		Swivel touchscreen
60 shutter flaps per second		10 shutter flaps per second
Lens stabilization only		In-body stabilization
not weather sealed		Weathersealed body
310 shots per battery charge		310 shots per battery charge
111 x 65 x 33 mm, 381 g		125 x 85 x 50 mm, 414 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V3 and the Olympus OM-D E-M5 Mark III? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The side-by-side display below illustrates the physical size and weight of the Nikon 1 V3 and the Olympus E-M5 III. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth measures are rounded to the nearest millimeter.

The E-M5 III can be obtained in two different colors (black, silver), while the V3 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-M5 III is considerably larger (47 percent) than the Nikon 1 V3. Moreover, the E-M5 III is markedly heavier (9 percent) than the V3. It is noteworthy in this context that the E-M5 III is splash and dust-proof, while the V3 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

The power pack in the E-M5 III can be charged via the USB port, which can be very convenient when travelling.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
2.		Olympus E-M5 III	125 mm	85 mm	50 mm	414 g	310	Y	Oct 2019	1,199	ebay.com
3.		Canon G5 X	112 mm	76 mm	44 mm	353 g	210	n	Oct 2015	799	ebay.com
4.		Canon G7 X	103 mm	60 mm	40 mm	304 g	210	n	Sep 2014	699	ebay.com
5.		Canon G7 X Mark II	106 mm	61 mm	42 mm	319 g	265	n	Feb 2016	699	ebay.com
6.		Canon G9 X	98 mm	58 mm	31 mm	209 g	220	n	Oct 2015	529	ebay.com
7.		Fujifilm X-T10	118 mm	83 mm	41 mm	381 g	350	n	May 2015	799	ebay.com
8.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
9.		Nikon 1 J5	98 mm	60 mm	32 mm	231 g	250	n	Apr 2015	399	ebay.com
10.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
11.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
12.		Nikon D5500	124 mm	97 mm	70 mm	470 g	820	n	Jan 2015	899	ebay.com
13.		Olympus E-M1	130 mm	94 mm	63 mm	497 g	350	Y	Sep 2013	1,399	ebay.com
14.		Olympus E-M5	122 mm	89 mm	43 mm	425 g	360	Y	Feb 2012	1,299	ebay.com
15.		Olympus E-M5 II	124 mm	85 mm	45 mm	469 g	310	Y	Feb 2015	1,099	ebay.com
16.		Olympus PEN-F	125 mm	72 mm	37 mm	427 g	330	n	Jan 2016	1,199	ebay.com
17.		Panasonic GX8	133 mm	78 mm	63 mm	487 g	330	Y	Jul 2015	1,199	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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Any camera decision will naturally be influenced heavily by the price. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The V3 was launched at a markedly lower price (by 33 percent) than the E-M5 III, which puts it into a different market segment. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors are more costly to manufacture and tend to lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Nikon 1 V3 features an one-inch sensor and the Olympus E-M5 III a Four Thirds sensor. The sensor area in the E-M5 III is 94 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 2.0. The sensor in the V3 has a native 3:2 aspect ratio, while the one in the E-M5 III offers a 4:3 aspect.

With 20.2MP, the E-M5 III offers a higher resolution than the V3 (18.2MP), but the E-M5 III nevertheless has larger individual pixels (pixel pitch of 3.34μm versus 2.52μm for the V3) due to its larger sensor. Moreover, the E-M5 III is a much more recent model (by 5 years and 7 months) than the V3, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that neither of the two cameras has an anti-alias filter installed, so they are able to capture all the detail the sensor resolves.

Unlike the V3, the E-M5 III has the capacity to capture high quality composite images (80MP) by combining multiple shots after shifting its sensor by miniscule distances. This multi-shot, pixel-shift mode is most suitable for photography of stationary objects (landscapes, studio scenes).

The Nikon 1 V3 has a native sensitivity range from ISO 160 to ISO 12800. The corresponding ISO settings for the Olympus OM-D E-M5 Mark III are ISO 200 to ISO 25600, with the possibility to increase the ISO range to 64-25600.

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Consistent information on actual sensor performance is available from DXO Mark for many cameras. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
2.		Olympus E-M5 III	Four Thirds	20.2	5184	3888	4K/30p	23.3	13.1	1324	76
3.		Canon G5 X	1-inch	20.0	5472	3648	1080/60p	21.4	12.3	471	62
4.		Canon G7 X	1-inch	20.0	5472	3648	1080/60p	23.0	12.7	556	71
5.		Canon G7 X Mark II	1-inch	20.0	5472	3648	1080/60p	21.8	11.9	260	62
6.		Canon G9 X	1-inch	20.0	5472	3648	1080/60p	21.5	12.3	495	63
7.		Fujifilm X-T10	APS-C	16.0	4896	3264	1080/60p	23.7	12.9	1546	79
8.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
9.		Nikon 1 J5	1-inch	20.7	5568	3712	4K/15p	21.1	12.0	479	65
10.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
11.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
12.		Nikon D5500	APS-C	24.0	6000	4000	1080/60p	24.1	14.0	1438	84
13.		Olympus E-M1	Four Thirds	15.9	4608	3456	1080/30p	23.0	12.7	757	73
14.		Olympus E-M5	Four Thirds	15.9	4608	3456	1080/60i	22.8	12.3	826	71
15.		Olympus E-M5 II	Four Thirds	15.9	4608	3456	1080/60p	23.0	12.5	842	73
16.		Olympus PEN-F	Four Thirds	20.2	5184	3888	1080/60p	23.1	12.4	894	74
17.		Panasonic GX8	Four Thirds	20.2	5184	3888	4K/30p	23.5	12.6	806	75
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but also of capturing video footage. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, but the E-M5 III provides a better video resolution than the V3. It can shoot movie footage at 4K/30p, while the Nikon is limited to 1080/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the E-M5 III has an electronic viewfinder (2360k dots), which can be very helpful when shooting in bright sunlight. In contrast, the V3 relies on live view and the rear LCD for framing. That said, the V3 can be equipped with an optional viewfinder – the DF-N1000. The table below summarizes some of the other core capabilities of the Nikon 1 V3 and Olympus E-M5 III in connection with corresponding information for a sample of similar cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
2.		Olympus E-M5 III	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
3.		Canon G5 X	2360	n	3.0 / 1040	swivel	Y	1/2000s	5.9/s	Y	Y
4.		Canon G7 X	none	n	3.0 / 1040	tilting	Y	1/2000s	6.5/s	Y	Y
5.		Canon G7 X Mark II	none	n	3.0 / 1040	tilting	Y	1/2000s	8.0/s	Y	Y
6.		Canon G9 X	none	n	3.0 / 1040	fixed	Y	1/2000s	6.0/s	Y	Y
7.		Fujifilm X-T10	2360	n	3.0 / 920	tilting	n	1/4000s	8.0/s	Y	n
8.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
9.		Nikon 1 J5	none	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
10.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
11.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
12.		Nikon D5500	optical	n	3.2 / 1037	swivel	Y	1/4000s	5.0/s	Y	n
13.		Olympus E-M1	2360	n	3.0 / 1037	tilting	Y	1/8000s	10.0/s	n	Y
14.		Olympus E-M5	1440	n	3.0 / 610	tilting	Y	1/4000s	9.0/s	n	Y
15.		Olympus E-M5 II	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
16.		Olympus PEN-F	2360	n	3.0 / 1037	swivel	Y	1/8000s	10.0/s	n	Y
17.		Panasonic GX8	2360	n	3.0 / 1040	swivel	Y	1/8000s	10.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The V3 has one, while the E-M5 III does not. While the built-in flash of the V3 is not very powerful, it can at times be useful as a fill-in light.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, both cameras under consideration feature an electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Nikon 1 V3 and the Olympus E-M5 III both have an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

The V3 writes its imaging data to micro SDXC cards, while the E-M5 III uses SDXC cards. The E-M5 III supports UHS-II cards (Ultra High Speed data transfer of up to 312 MB/s), while the V3 can use UHS-I cards (up to 104 MB/s).

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Nikon 1 V3 and Olympus OM-D E-M5 Mark III and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
2.		Olympus E-M5 III	Y	stereo / mono	Y	-	micro	2.0	Y	-	Y
3.		Canon G5 X	Y	stereo / mono	-	-	mini	2.0	Y	Y	-
4.		Canon G7 X	-	stereo / mono	-	-	micro	2.0	Y	Y	-
5.		Canon G7 X Mark II	-	stereo / mono	-	-	micro	2.0	Y	Y	-
6.		Canon G9 X	-	stereo / mono	-	-	micro	2.0	Y	Y	-
7.		Fujifilm X-T10	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
8.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
9.		Nikon 1 J5	-	stereo / mono	-	-	micro	2.0	Y	Y	-
10.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
11.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
12.		Nikon D5500	Y	stereo / mono	Y	-	mini	2.0	Y	-	-
13.		Olympus E-M1	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
14.		Olympus E-M5	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Olympus E-M5 II	Y	stereo / mono	Y	-	micro	2.0	Y	-	-
16.		Olympus PEN-F	Y	stereo / mono	-	-	micro	2.0	Y	-	-
17.		Panasonic GX8	Y	stereo / mono	Y	-	micro	2.0	Y	Y	-

It is notable that the E-M5 III has a hotshoe, which makes it possible to easily attach optional accessories, such as an external flash gun. The V3 does not feature such an accessory-socket.

Both the V3 and the E-M5 III have been discontinued, but can regularly be found used on ebay. The E-M5 III was replaced by the OM System OM-5, while the V3 does not have a direct successor. Further information on the features and operation of the V3 and E-M5 III can be found, respectively, in the Nikon 1 V3 Manual (free pdf) or the online Olympus E-M5 III Manual.

Review summary

So what is the bottom line? Which of the two cameras – the Nikon 1 V3 or the Olympus E-M5 III – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Advantages of the Nikon 1 V3:

• Faster burst: Shoots at higher frequency (60 vs 10 flaps/sec) to capture the decisive moment.
• More compact: Is smaller (111x65mm vs 125x85mm) and thus needs less room in the bag.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• More affordable: Was introduced into a lower priced category (33 percent cheaper at launch).
• More heavily discounted: Has been available for much longer (launched in March 2014).

Reasons to prefer the Olympus OM-D E-M5 Mark III:

• High quality composites: Can combine several shots after pixel-shifting its sensor.
• Better image quality: Is equipped with a larger and more technologically advanced sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Better video: Provides higher definition movie capture (4K/30p vs 1080/60p).
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• Easier travel charging: Can be conveniently charged via its USB port.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• Faster buffer clearing: Supports a more advanced SD data transfer standard (UHS-II vs UHS-I).
• More modern: Reflects 5 years and 7 months of technical progress since the V3 launch.

If the number of relative strengths (bullet points above) is taken as a guide, the E-M5 III is the clear winner of the contest (17 : 5 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Nikon 1 V3 and the Olympus E-M5 III place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera listing whether the two cameras rank among the cream of the crop.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the V3 and the E-M5 III in practical situations. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is where reviews by experts come in. The adjacent summary-table relays the overall verdicts of several of the most popular camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
2.		Olympus E-M5 III	5/5	+	5/5	82/100	4.5/5	4.5/5	Oct 2019	1,199	ebay.com
3.		Canon G5 X	5/5	+ +	..	78/100	4.5/5	4.5/5	Oct 2015	799	ebay.com
4.		Canon G7 X	4/5	+ +	..	77/100	4.5/5	4.5/5	Sep 2014	699	ebay.com
5.		Canon G7 X Mark II	4.5/5	+ +	..	81/100	4.5/5	4.5/5	Feb 2016	699	ebay.com
6.		Canon G9 X	3.5/5	+ +	..	..	4.5/5	4.5/5	Oct 2015	529	ebay.com
7.		Fujifilm X-T10	4.5/5	+ +	..	80/100	5/5	5/5	May 2015	799	ebay.com
8.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
9.		Nikon 1 J5	..	..	..	..	4.5/5	4.5/5	Apr 2015	399	ebay.com
10.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
11.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
12.		Nikon D5500	5/5	+	..	79/100	4.5/5	4.5/5	Jan 2015	899	ebay.com
13.		Olympus E-M1	5/5	+ +	..	84/100	4.5/5	4.5/5	Sep 2013	1,399	ebay.com
14.		Olympus E-M5	4/5	+ +	..	80/100	4.5/5	5/5	Feb 2012	1,299	ebay.com
15.		Olympus E-M5 II	5/5	+ +	4.5/5	81/100	5/5	5/5	Feb 2015	1,099	ebay.com
16.		Olympus PEN-F	..	..	4/5	82/100	4.5/5	5/5	Jan 2016	1,199	ebay.com
17.		Panasonic GX8	5/5	+	..	82/100	4.5/5	4.5/5	Jul 2015	1,199	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. A score, therefore, has to be seen in close connection to the price and market introduction time of the camera, and comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

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