The PowerShot N2 features a unique compact body design that includes an all-round shutter release ring encircling the camera's lens. Pressing anywhere around the perimeter of the ring releases the shutter while turning the ring controls zooming. The innovative feature, combined with the N2’s diminutive dimensions of 80.9 mm (w) x 62.0 mm (h) x 32.3 mm (d), facilitate single-handed operation and enable the N2 to easily fit in a bag or pocket for easy carrying.

The N2's 180° tilting LCD screen makes the camera ideal for taking self-portraits as well as low-angle and high-angle shooting. Additionally, the Self Portrait mode, which is automatically activated when the LCD screen is raised to 180°, enhances self-portraits by applying a brightening and smoothing effect, and creating a soft background blur.

When shooting in the Creative Shot mode, in addition to capturing the original composition, the camera automatically produces and saves five additional variations that apply filter variations based on the scene, subject and exposure to create a set of impressive artistic images. Users can also color filters grouped into Retro, Monochrome, Special and Natural categories to match personal preferences. The PowerShot N2's Creative Shot mode has been expanded to include a fun movie function that produces short film montages using up to four shorter video clips.

The PowerShot N2 also offers users the convenience of built-in Wi-Fi and NFC (Near Field Communication) technology to support the wireless transmission of image and movie data.