There are three things that make the RX100 series one of the best underwater camera. First, their 1-inch sensor size is larger than most other compact cameras besids the G7X II, giving better image quality and better low-light performance due to a larger pixel size. Second, the auto-focus speed is faster than traditional compact cameras. Last, but not least, is its advanced video features, including 4K video. 

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Most models have a single lens, with an ultra-wide angle of view, so you can experiment with mounting and get a big view of the world in frame. Some dual-lens cameras, like the recently announced GoPro Max, capture a 360-degree view of the world. VR playback isn't as popular as it was at the peak of the fad, but editing tools make it possible to convert 360-degree footage into a 16:9 playback format in creative ways.

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Panasonic is the latest manufacturer to release their line of mirrorless full frame cameras. They released the Panasonic S-series in March of 2019 and swept the photo world of its feet with these impressive new mirrorless cameras. The Panasonic S1 is the S-series camera designed for video, as it incorporates fewer, larger pixels that yield impressive low-light capabilities. The Panasonic S1 incorporates a 24MP, full frame sensor with a new Leica-L lens mount. The S-series cameras bested all other full-frame mirrorless lines in many categories. The Panasonic S1 (and S1R) is the first full frame mirrorless camera to shoot 4K at 60fps -- a feature that full frame mirrorless shooters have been waiting for for years. Not only that but with the latest firmware update, the Panasonic S1 can record 4:2:2 10-bit footage internally, making it an absolute workhorse for color science and post-processing workflow.
The FT30 isn't the newest waterproof digital camera here, and doesn't quite offer any best-in-class specs, but what it does offer is commensurate with its very reasonable asking price. It’s also pleasingly slim enough to fit in a snug jeans pocket or similar, although this does come at the cost of a secure grip; you might want to invest in a wrist strap to ensure the FT30 doesn’t get away from you. Provided you keep hold of it, the FT30 is a solid and versatile waterproof camera that should prove well-suited to recording your aquatic adventures – in stills form, anyway. The lower video resolution of 720p means that if you’re a video aficionado, you’re probably better off with one of the other waterproof digital cameras on this list. 
The Canon G7X III is a tiny camera with a large 1-inch, 20 MP sensor, a direct competitor to the Sony RX100 series cameras. It is an excellent, fast-focusing camera with great image quality and has dedicated macro focus. The camera also boasts 4K video, slow motion video, a bigger image buffer, a new stacked sensor, a better image processor, and quicker burst shooting over the G7X II.

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The Blackmagic Pocket Cinema Camera is one of the most exciting cameras on the market right now for video. It provides the average videographer with high-end recording options that were previously inaccessible with a small budget. For underwater video, the Blackmagic Pocket Cinema Camera with the Nauticam BMPCCII Underwater Housing is arguably the most enticing video system on the market right now.

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What is the best camera for underwater photography? As you may know from reading the Underwater Photography Guide, it is important to select a compact camera that offers full manual controls, the ability to shoot in RAW, HD video, and the ability to accept wide-angle and macro wet lenses. We need to look at not only the camera features, but the quality of available underwater housings.

Most models have a single lens, with an ultra-wide angle of view, so you can experiment with mounting and get a big view of the world in frame. Some dual-lens cameras, like the recently announced GoPro Max, capture a 360-degree view of the world. VR playback isn't as popular as it was at the peak of the fad, but editing tools make it possible to convert 360-degree footage into a 16:9 playback format in creative ways.

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Another highly sought-after, and relatively exclusive, feature within the video camera realm is the ability to record in RAW or ProRes. These are uncompressed formats that maximize the information gathered by the sensor and provide you with extended flexibility when it comes to color grading and post-processing. As mentioned, this feature is quite an exclusive one and only available in a select few cameras on the market with good processors (again, excluding high-end cinema systems). Some select cameras can record in ProRes Raw with an Atomos Ninja V external recorder. Nauticam offers a housing for the Ninja V for use with your underwater system.

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