C&M: Global market for camera modules driven by increasing adoption of smartphones and tablets
Global Camera Module in Mobile Device Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 15:07:02
The Global Camera Module in Mobile Device market is to grow at a CAGR of 13.20 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing adoption of smartphones and tablets. The Global Camera Module in Mobile Device market has also been witnessing rapid advancement in technology. However, the high cost of production could pose a challenge to the growth of this market.
Mergers and acquisitions, strategic alliances, and partnerships are elements of corporate strategy that can help an enterprise to sustain growth. They are carried out to increase market share, gain new domain knowledge, enter new markets, lower operational costs, enhance industry know-how, improve profitability, and get access to new clients. Merger and acquisition activities enable companies to further diversify their product portfolio by introducing new products for various industry verticals. They also increase the market reach of products, thereby increasing companies´ top line revenues.
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