Both Nikon P340 and Canon S110 have 1/1.7-inch sized 12.0 MP resolution sensors so sensor size and resolution is not a differentiator between these two cameras.
Below you can see the P340 and S110 sensor size comparison.
Sensor Size and Resolution Comparison image of Nikon P340 and Canon S110 Cameras
Nikon P340 and Canon S110 have the same sensor sizes so they will provide same level of control over the depth of field when used with same focal length and aperture.
DxOMark Sensor Scores
Both Nikon P340 and Canon S110 sensors have been tested by DxoMark. DxoMark scores camera sensors for color depth (DXO Portrait), dynamic range (DXO Landscape) and low-light sensitivity (DXO Sports), and also gives them an overall score. Of the two cameras that we are comparing, P340 has scored 54, 6 points higher than S110.
Model
Overall
Color Depth
Dynamic Range
Low-light ISO
Nikon P340
54
20.7 bits
11.9 Evs
273 ISO
Canon S110
48
20.6 bits
11.2 Evs
168 ISO
Sensor size sets the circle of confusion, so it drives how much depth of field each
of these bodies gives you at a given aperture. You can calculate it exactly for the
Nikon P340
or the
Canon S110 ,
including hyperfocal distance.