Global Smartphones Sensors Market to See a CAGR of almost 2% during 2019-2023
July 1, 2019 | PRNewswireEstimated reading time: 1 minute
The adoption of sensors in premium range smartphones is increasing significantly, owing to the extensive integration of technologies such as 3D sensing, NFC, fingerprint scanning, air gesture, and facial recognition. These functionalities require the integration of a higher number of sensors in smartphones. Thus, the integration of more sensors in smartphones will lead to the growth of the global smartphones sensors market at a CAGR of almost 2% during 2019-2023.
Emergence of Sensor Fusion Technology
Sensor fusion is formed by combining the sensory inputs derived from distinct sources that offer more accurate results compared with single standalone sensors. Sensor fusion technology can facilitate interoperability and easily combine data from various sensors. This has encouraged smartphone OEMs to deploy the technology for AR applications. Thus, the emergence of sensor fusion technology will have a positive impact on the global smartphones sensors market during the forecast period.
Competitive Landscape
With the presence of a few major players, the global sensors market for smartphones is concentrated. Our robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smartphone sensors manufacturers, that include ALPS ALPINE CO. LTD., ams AG, Robert Bosch GmbH, SAMSUNG ELECTRONICS CO. LTD., STMicroelectronics NV.
Also, the smartphones sensors market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Suggested Items
Absolute EMS Champions Collaboration Between Humans and Robots in Modern Manufacturing
04/19/2024 | Absolute EMS, Inc.Absolute EMS, Inc., an award-winning EMS provider of turnkey contract manufacturing services, offers a perfect factory environment that seamlessly blends robotic automation with human expertise.
Microsoft, Google Join as Sponsors for First-Ever AI Expo for National Competitiveness
04/19/2024 | SCSPThe Special Competitive Studies Project (SCSP), a non-partisan, non-profit project dedicated to strengthening America’s long-term competitiveness in artificial intelligence (AI), announced today two additional sponsors of the AI Expo for National Competitiveness.
IDTechEx Explores the Role of 3D Cu-Cu Hybrid Bonding in Powering Future HPC and AI Products
04/18/2024 | PRNewswireSemiconductor packaging has evolved from traditional 1D PCB levels to cutting-edge 3D hybrid bonding at the wafer level, achieving interconnecting pitches as small as single micrometers and over 1000 GB/s bandwidth. Key parameters, including Power, Performance, Area, and Cost, are crucial considerations
Intel Brings AI-Platform Innovation to Life at the Olympic Games
04/18/2024 | BUSINESS WIREIntel announced its plans for the Olympic and Paralympic Games Paris 2024. Bringing AI Everywhere, Intel will implement artificial intelligence technology powered by Intel processors on the world’s biggest stage.
Adura Solutions Exhibits at Del Mar 2024
04/18/2024 | Adura SolutionsSumit Tomar, CEO of Adura Solutions, has announced that his company will be exhibiting at this year's Del Mar Electronics and Manufacturing Show to be held at the Del Mar Fairgrounds, San Diego, California, April 24-25.