Smartphone Sensors Market: Global Industry Analysis
The market for smartphone sensors was estimated to be worth USD 83.5 billion in 2023. From 2024 to 2030, the market is projected to develop at a compound annual growth rate (CAGR) of 21%, reaching roughly USD 309.7 billion.
Smartphone Sensors Market Overview:
Smartphone Sensors are electronic components that bring intelligence and awareness to Smartphones. Smartphone device consists of various types of sensors installed on a user's phone to collect data for different user purposes. Smartphone sensors are used to sense temperature, pressure, fingerprints, and much more. Sensors help to collect and process different kinds of information or data from various installed applications. Smartphones are one of the key products that employ several types of sensors. From the camera, display, and touch-up to distance and proximity measures, sensors have a wide range of usage for smartphones. As such, the growing adoption of smartphones is significantly propelling Smartphone Sensors market growth.
