Global Smartphone Sensors Market Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2018-2023
The global smartphone sensors market is expected to grow at a significantly high growth rate for the forecast period of 2018-2023. There are a number of sensors in smartphone such as gyroscope, light sensor, proximity sensor, biometric sensor such as fingerprint sensor, face recognition, iris scan and magnetometer. The global smartphone sensor is growing at a very fast pace owing to demand for high end and mid-range smart phones. The competition between the smartphone manufacturers to gain higher market share is also a major motivator. Companies are constantly making an attempt 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 smartphone is targeted on improving the above listed features. High end and high-quality sensors play a key role in achieving this goal. Sensor manufacturers are also getting into partnership with major smartphone manufacturers to gain financial leverage and improve R&D capabilities.