I heard, from a Korean educational radio, “Pay attention ‘camera’ is pronounced with two syllables.” I guess it means that the word was pronounced as not /ˈkӕmərə / but /ˈkӕ-m-rə /. Do you not count as a syllable, in this case /m/, when there’s no vowel sound?
In this example, /m/ is the coda of the syllable /kӕm/.
Syllabic [m̩] rarely occurs outside of the suffix -ism or a few other words (such as chasm or blossom). In this case, we can rule it out because /m/ does not follow a consonant made at the same point of articulation, or indeed a consonant at all; since it can't be syllabic [m̩], we're left with the options of onset or coda; since the vowel following /m/ is elided, it cannot be the onset of /mə/; therefore the only option left is the coda of /kӕm/.
The loss of the unstressed syllable in camera is called syncope.