Strategy Analytics has published the results of a study on the global market for image sensors for smartphone cameras. The industry is fueled by the demand for high-resolution sensors and camera systems with multiple modules.
Image source: Samsung
According to estimates, the market volume in 2021 reached US$15.1 billion in monetary terms, which is about 3% more than the result for 2020. Moreover, the growth in the last quarter of last year was more than 10%.
Sony is the largest provider of image sensors for cameras in mobile devices. Last year this company occupied almost half of the world market – 45% in monetary terms.
Image source: Strategy Analytics
In second place is Samsung with a share of around 26%. Rounding out the top 3 is OmniVision, which controls 11% of the industry. This means that the top 3 providers occupy 82-83% of the market. All other players together control only 17% of the industry in monetary terms.
Analysts predict that large format and high resolution sensors will be the key market drivers for the foreseeable future.
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