Strategy Analytics: Sony to Lead CIS Fast Growing Smartphone Market in H1 2021

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BOSTON–(COMMERCIAL THREAD) –The global smartphone image sensor market in the first half of 2021 recorded a total revenue of $ 7 billion, according to the Strategy Analytics Handset Component Technologies service report, “Smartphone image sensor market share in Q2 2021: Sony captures 41% market share

This Strategy Analytics research report Finds that the smartphone image sensor market managed to record revenue growth of over 10% year-on-year in the first half of 2021. Sony Semiconductor took the top spot in the smartphone image sensor market with a 42% revenue share, followed by Samsung LSI System and OmniVision Technologies in the first half of 2021. The report estimates that the top three suppliers have taken nearly 80% of the global smartphone image sensor market revenue in the first half of 2021.

Jeffrey Mathews, Senior Analyst at Strategy Analytics Says, “Image sensor vendors have seen an acceleration from smartphone manufacturers, who have actively adopted high-resolution CIS and low-pixel CIS products for multi-camera applications, in order to secure inventory and to respond to pent-up demand. Sony, Samsung and OmniVision delivered key high-resolution CIS products to major smartphone OEMs in the first half of 2021. ”

Stephen entwistle, Vice President of Strategic Technology Practice at Strategy Analytics commented, “The introduction of new high resolution and wide format CIS products from major vendors is expected to increase revenue opportunities in the market. However, we note that fluctuations in the supply of various high and low pixel CIS products continue to challenge the growth prospects of the smartphone image sensor market. ”

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Source: Strategy Analytics, Inc.

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