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Global Smartphone Sensors Market Growth, Size, Share, Industry Report and Forecast 2021-2027

05-04-2021 12:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Global Smartphone Sensors Market Growth, Size, Share, Industry

The global smartphone sensors market is growing at a significant CAGR of 6.2% during the forecast period (2021-2027). Smartphone sensors are the electronic element that enables smartphones to work intelligently. Smartphones and devices have various types of sensors such as gyroscope, light sensor, proximity sensor, and biometric sensor such as fingerprint sensor, face recognition, iris scan, and magnetometer among others. Sensing technology is getting advanced over the years and every sector has various requirements of smartphone sensor that is driving the growth of the market. Rising smartphone users across the globe are one of the major reasons for the growth of the smartphone sensors market. Further, smartphone sensors are getting advanced according to the users that are pushing the market upwards.

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The rising demand for IoT-based technology, rising demand for sensors in the development of smart cities is surging the growth of the smartphone sensors market. The higher competition among the smartphone manufacturers to gain higher market share is motivating them to increase their R&D expenditure on the advancement of sensors in smartphones to make them compact and efficient. Additionally, the key smartphone manufactures are constantly making attempts to improve the overall user experience to topple each other.

Camera, biometrics, battery performance, display, gaming, and hardware performance are the key area of concern for smartphone manufacturers. Every upgrade in the smartphone is targeted at improving the above-mentioned features. High-end and high-quality sensors play a key role in achieving this goal. Sensor manufacturers are also getting into partnerships with major smartphone manufacturers to gain financial leverage and improve R&D capabilities. However, data privacy concerns and data security are the key factors that may restrain the growth of this market during the forecast period.

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Global Smartphone Sensors Market Segmentation

By Type

• Biometric Sensors
• Image Sensors
• Accelerometer
• Gyroscope
• Magnetometer
• GPS (Global Positioning System)
• Ambient Light Sensor

By Application

• High-End
• Mid-Range
• Low-End

Regional Analysis

North America
• United States
• Canada
• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe
• India
• China
• Japan
• Rest oF APAC
Rest of The World

Company Profiles
• Broadcom Ltd.
• Epson Europe Electronics GmbH
• Epticore Microelectronics (Shanghai) co., Ltd.
• Everlight Europe GmbH
• Heptagon Technologies Inc.
• Maxim Integrated Products Inc.
• Meggitt Sensing Systems, Inc.
• Melexis Microelectronic Integrated Systems N.V.
• Murata Electronics Oy
• Next Biometrics Group ASA
• Omron Inc.
• Panasonic Corp.
• Samsung Group
• Sharp Corp.
• Silicon Sensing Systems Ltd.
• Sitronix Technology Corp.
• Sony Corp.
• STMicroelectronics International N.V.
• Vishay Inter Technology, Inc.

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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