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Smartphones and mobiles contain an array of sensors that provides innovative features and functionalities to boost the overall performance of the device. On average, a premium smartphone is integrated with around 15 advanced sensors. Some of the key sensors include proximity sensors, ambient light sensors, fingerprint, face/eye/iris recognition sensors, compass, gyroscope sensors, barometer, thermometer, motion and accelerometer sensors, touch and optical sensors and others.
Further, key manufacturers in this market are focused on developing wireless sensors by incorporating core technologies such as cloud computing and others to store the information received from sensors. Moreover, growing market of smartphones market is expected to drive the growth of the sensors market during the forecast period. According to sources, the total number of smartphone users across the globe is estimated around 2.50 Billion units, in 2018.
Key Market Driver -
Key Market Driver – • Rising adoption of cloud computing solutions and Artificial Intelligence (AI) technology • Increasing demand for security and surveillance systems in smartphones
Key Market Restraint -
Key Market Restraint – • Increasing trade of fake sensors in smartphones
Artificial Intelligence (AI) is playing a significant role in driving the growth of sensors for smartphones and mobiles market. Key players in this market are focused on collaborating with other players to develop and integrate sensors based on AI technology in smartphones. For instance, In January 2018, PMD Technologies AG partnered with Sunny Opotech, and developed 3D camera sensing solutions enabled with AI-based time-of-flight sensing technology (TOF) for smartphones devices.
Further, increasing demand for security and surveillance systems in smartphones, is also driving the growth of the market during the forecast period. However, there are few rising restrainsts such as increasing trade of fake sensors in smartphones applications such as to generate fake fingerprints, face recognition and others, that might affect the growth of the market during the forecast period.
Some of the key players in global sensors for smartphones and mobiles market are STMicroelectronics, Murata Manufacturing Co., Ltd., Panasonic Corporation, Qualcomm Incorporated, Silicon Laboratories, Inc., Bosch Sensortec, Senodia Technologies, Fujitsu Limited, Alps Electric., Murata Manufacturing Co., Ltd. and others.
North America is anticipated to lead the market during the forecast period. This growth in this region is mainly due to the presence of key players such as Qualcomm Incorporated and Silicon Laboratories, Inc in developed country such as U.S. Further, key players in this market are focused on developing and launching advanced sensors equipped with technologies including 3D camera and HMI (Human-machine interaction) in their smartphone devices. For instance, in September 2018, Apple Inc. launched its latest smartphones iPhone XR and iPhone XS Max. These smartphones are equipped with advanced sensors enabled with 3D camera and intelligent HMI (Human-machine interaction) sensing technology used for depth mapping and gesture control.
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Furthermore, Asia Pacific’s market is also expected to grow with a decent CAGR during the forecast period. This growth is mainly due to rising electronic manufacturing industries in developed countries such as South Korea, India Japan and China. Also, Key companies are focused on expanding their product portfolio through investing on strategic collaboration with several smartphones manufacturers.
By Sensor Type
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