The worldwide marketplace for digital camera sensors for smartphones reached $ 15 billion in 2020, a rise of 13% over 2019. This information exists in a report of specialists from the analytical firm Technique Analytics.
Analysts have named the biggest provider of digital camera sensors for smartphones. On the finish of the yr, it continues to be Sony, which owns 46% of the market in financial phrases. Then we now have Samsung System LSI and OmniVision Applied sciences. So, in whole, the highest three corporations occupy virtually 85% of the market. The diagram under provides an thought of the market distribution:
The pandemic did little to dent the caùera sensor market development as CIS distributors noticed robust demand from smartphone OEMs who aggressively adopted high-resolution sensors and better sensor depend throughout smartphone tiers in 2020. Samsung, OmniVision and SK Hynix continued to take share from Sony; as the seller misplaced key enterprise owing to sanctions on Huawei. We anticipate Sony’s market dominance will likely be more and more threatened by the rising competitors within the smartphone digital camera sensor market.
Technique Analytics: Xiaomi Will Grow to be Third Largest Smartphone Vendor Globally in 2021
In line with the newest analysis from Technique Analytics; the worldwide smartphone shipments will rebound +6.5% YoY to succeed in 1.38 billion items in 2021. The expansion is pushed largely by the improved financial state of affairs because the COVID-19 pandemic weakens; a rising inventory of getting older smartphones and the operator/vendor push for migration to 5G.
Abhilash Kumar, Smartphone Analyst at Technique Analytics, stated, “For 2021, we consider Xiaomi will emerge because the third largest world smartphone vendor surpassing Huawei. Additionally, Xiaomi has been performing nicely within the India and Russia markets, and has additionally been very aggressive in Central & Japanese Europe and Western Europe.”
Commenting on the regional outlook of the Chinese language distributors, Linda Sui, Senior Director at Technique Analytics: “2021 goes to be the yr of Chinese language smartphone distributors. As well as, in Asia Pacific, vivo, Xiaomi and OPPO will grow to be prime three gamers pushed by aggressive advertising; increasing channel footprints and aggressive pricing.”
The report additionally notes that in Africa & Center East, Transsion will move Samsung as the biggest vendor with Samsung falling to second place. Additionally, Xiaomi will surge into third place forward of Apple. As well as, within the Western European markets, Xiaomi will solidify its grip on third place after Apple and Samsung.
