According to a recent report by Yole Development, the CMOS image sensor market is expected to grow at a 10.4% rate, compounded annually, through 2023, reaching $18.8 billion.
The 160 page report covers key market segments, mergers, and acquisitions. Rapid growth is credited to orders in automotive, drones, robots, and virtual reality applications. 3D cameras and dual sensor cameras will have a major impact as well.
New functions are pushing change in CMOS image sensors, boosting the market toward $18.8B in 2021 at 10.4% CAGR BEYOND $10B: THE CMOS IMAGE SENSOR INDUSTRY KEEPS GROWING AT HIGH PACE, INCREASING RANGE OF PRODUCT Driven by renewed mobile and automotive applications, the CMOS image sensor (CIS) industry is […]
