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C&M: Global industry for sensors market for smartphones to be driven by increasing demand for smartphones

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Global Sensors Market for Smartphones 2014-2018 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-18 08:57:00
The Global Sensors market for Smartphones is to grow at a CAGR of 12.4 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for smartphones. The Global Sensors market for Smartphones has also been witnessing rapid technological advancement. However, the technological limitation of sensors could pose a challenge to the growth of this market.

OEMs in the Global Sensor market for smartphones are constantly adding new features to their products, resulting in the launch of new, innovative products in the market. The performance of sensors in smartphones is constantly increasing with these advancements. These advancements also provide substantial cost-, energy-, and space-saving opportunities to end-users. With the advancements in technologies, sensors in smartphones are performing more efficiently, consuming less power, and are becoming more energy-efficient than before. Therefore, rapid technological advancements are expected to continue propelling the growth of the Global Sensor market for Smartphones.

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