TechNavio recognizes the following companies as the key players in the Global Camera Module in Mobile Device Market: Aptina Imaging Corp., Omnivision Technologies Inc., Samsung Electronics Co. Ltd., Sony Semiconductor Corp., STMicroelectronics N.V., and Toshiba Corp.
Commenting on the report, an analyst from TechNavio’s team said: “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.”
According to the report, there are several factors driving the growth of the Global Camera Module in Mobile Device market. One of the main reasons is the increasing adoption of smartphones and tablets. With the continual decline in smartphone prices and improving camera quality, the demand for mobile camera modules is growing.
Further, the report states that one of the main challenges hindering the growth of this market is the high cost of production which the manufacturers incur due to the high cost of the raw materials.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-camera-module-mobile-device-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Camera Module in Mobile Device Market 2014-2018
