Technavio Says Rise in Sales of Smartphones and Tablets Will Enrich the Global Consumer Motion Sensor Market Through 2019
July 27, 2015 | By Business Wire News
LONDON
Technavio has published a new report on the global consumer motion sensor market,which is expected to grow at a CAGR of almost 15% from 2015-2019.
About the Report
The latest Technavio report highlights the upsurge in the sales of smartphones and tablets, which is contributing significantly to the growth in the global consumer motion sensor market. Motion sensors were first introduced in smartphones by Apple for auto screen rotation, and today all smartphones have motion sensors.
“Motion sensors allow end-users to operate various applications and it is estimated that users will be able to operate smartphones through gestures in the future. Presently, Apple and Samsung are the major buyers of motion sensors,” says Faisal Ghaus, Vice President of Technavio.
The new report by Technavio also underlines the combo sensor, which is the combination of an accelerometer, gyroscope, and magnetometer.
“The combo sensor offers functionality of all three types of sensor with equal efficiency in less space than that required for the three separate sensors,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global consumer motion sensor market from 2015-2019. To calculate the market size, the report considers revenue generated from the sales of motion sensors integrated in consumer electronics such as cellphones, tablets, ultrabooks, and wearables.
Key Information Covered in the Report:
- Key Vendors:
- Asahi Kasei Microdevices Corp. (AKM)
- Bosch Sensortec GmbH
- InvenSense Inc.
- STMicroelectronics NV
- Market Growth Drivers:
- Rise in Smartphone and Tablet Sales
- For a full detailed list, view our report.
- Market Challenges:
- Packaging in MEMS
- For a full detailed list, view our report.
- Market Trends:
- Emerging Market for Combo Motion Sensors
- For a full detailed list, view our report.
Technavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on the sensor market:
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150727005459/en/
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
media@technavio.com
www.technavio.com
