London, 29 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Smartphone Camera Lens Market 2014-2018.
Consumers are increasingly considering the quality of their smartphone lens when purchasing a new phone, thanks to an increased demand for high-resolution images. In response, the Global Smartphone Camera Lens Market is expected to witness high growth during the forecast period, with a CAGR of 21.6 percent from 2013-2018.
About the Report
The latest report by TechNavio emphasizes the rise in smartphone sales as a major market growth driver. The multiple uses of smartphone cameras, their features, applications and the high computational flexibility of these devices has led to an unprecedented growth across the world in the adoption of smartphones with a camera lens. The report also focuses on vendors who are providing high screen resolution in their devices so as to enhance their value proposition.
“Screen resolution is one of the major factors for comparison during the purchase of smartphones. Consumers are looking for high screen resolution to make videos and to take pictures with enhanced pixel range and quality. Hence, vendors are investing more to increase the screen resolution, camera and the inbuilt parts in handsets,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Rise in Smartphone Sales
- For a full detailed list, view our report.
Market Challenges:
- Dependency on End-product
- For a full detailed list, view our report.
Market Trends:
- High Screen Resolution
- For a full detailed list, view our report.
Key Vendors:
- Disotech Co. Ltd.
- Genius Electronic Optical Co. Ltd.
- Kantatsu Co. Ltd.
- Largan Precision Co. Ltd.
Other Prominent Vendors:
- Fujinon
- Sunny Optical Technology
- Kolen
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
