Press release
Smartphone Sensors Market 2020 to 2025 Global Analysis with Industry Size, Share, Business Strategies, Growth, Emerging Technologies, New Applications and Future Scope
Market HighlightsThe Global Smartphone Sensors Market is expected to register a CAGR of 5.50% during the forecast period of 2019-2025. There are various factors contributing to the growth of the global smartphone sensors market, such as the rising ownership of smartphones among the users and technological advancements. Moreover, the miniaturization of technology has led to the development of advanced sensors, which is driving the growth of the market.
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Key Players
MRFR recognizes the Key Players in the Global Smartphone Sensors Atmel Corporation (US), Intel Corporation (US), Texas Instruments (US), Infineon Technologies AG (Germany), NXP Semiconductors NV (Netherlands), Microsoft Corporation (US), Samsung Electronics Corporation (South Korea), Renesas Electronics Corporation (Japan), Analog Devices Inc.(US), Kontron AG (Germany), Advantech Co., Ltd (Taiwan), ARM Limited (UK), Fujitsu Limited (Japan), Microchip Technology Inc. (US), Xilinx, Inc. (US), and STMicroelectronics (Switzerland).
The Prominent Players keep innovating and investing in research and development to offer a cost-effective product portfolio. There have been recent mergers and acquisitions among the key players, a strategy the business entities emphasize strengthening their reach to the customers
Key Segments
The Global Smartphone Sensors Market has been segmented based on mobile Type, Application Sensor Type, and Region.
By Sensor Type, the market has been segmented as image sensors, biometric sensors, accelerometer, gyroscope, magnetometer, GPS, and others. Further, image sensors are segmented as CCD and CMOS sensors. Whereas, biometric sensors are segmented into fingerprint sensors, face recognition, and iris scanners.
By Mobile Type, the market has been segmented into standard smartphones, rugged smartphones, and others
By Application, the market has been segmented into high-end, mid-range, and low-end
By Region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
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Regional Analysis
the Global Smartphone Sensors Market is estimated to grow at a significant rate in the future. The geographical analysis of the smartphone sensors market has been done for North America, Europe, Asia-Pacific, and the rest of the world.
North America holds a prominent share in 2018 for the global smartphone sensors market. North America is one of the developed regions across the globe with various smartphone sensors manufacturing companies in the region. Additionally, the presence of various smartphone manufacturers such as Apple Inc. and Motorola, who offer smartphones across the globe, is contributing to the growth of the smartphone sensors market. Moreover, high R&D investments made by the companies for the development of new sensors is driving the market.
Europe is expected to register a significant CAGR during the forecast period. The presence of various sensors manufacturing facilities in the region is contributing to the growth of the market across the region. Similarly, the presence of ams AG, Melexis, NEXT, and Biometrics Group ASA, which provides various sensors to the smartphone manufacturers, is contributing to the growth of the market.
Asia-Pacific is the major region for the smartphone sensors market and holds a large market share in the market. The rising population and increasing ownership of smartphones by the individuals in the region are driving the growth of the market. China holds the largest share in the region, followed by India. Rising disposable income and increasing demand for high-quality camera phones by the users in the region are propelling in the growth of the market.
The market in the rest of the world is expected to exhibit a significant CAGR during the forecast period due to increasing investments made by the companies for the development of advanced technology and increasing demand for smartphones. Further, the region has been segmented into South America and the Middle East & Africa.
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