New Technavio Report Sheds Light on the Growing Impact of Technological Advancements in the Global Smartphone Image Sensor Market
London, 26 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Smartphone Image Sensor Market 2014-2018, which is expected to post a CAGR of 12.5 percent during the forecast period of 2013-2018.
An image sensor is a device that converts an optical image into an electronic signal. It is used primarily in camera modules, digital cameras, smartphones, and other imaging devices.
"The Global Smartphone Image Sensors market is growing rapidly with the increasing adoption of complementary metal-oxide-semiconductor sensors by various smartphone manufacturers," says Faisal Ghaus, Vice President of TechNavio.
"Vendors prefer using CMOS technology as the use of charge couple devices technology in a camera will increase the price of the smartphone."
Key Market Drivers
- Rise in Smartphone Sales
- Changing Consumer Preferences
- Technological Advancements
Key Market Trends
- High Screen Resolution
- Increased Use of Cameras in Smartphones
- Improving Economic Conditions
Key Market Vendors
- Aptina Imaging Corp.
- OmniVision Technologies Inc.
- Samsung Electronics Co. Ltd.
- Sony Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.