TechNavio Shares its Report on Global Camera Module in Mobile Device Market

LONDON - Nov. 27, 2013 - PRLog -- According to the latest research findings by the independent London-based global research firm TechNavio, the APAC region consumes more than 75 percent of the Global Camera Module in Mobile Device Market. This is for the forecast period 2014-2018.

As per research analysis, the APAC region is the leading market for the Global Camera Module in Mobile Device Market due to the growth stemming from countries like China, South Korea and Japan, with China accounting for 55 percent in terms of consumption. The APAC region's contribution is likely to increase during the forecast period because of the increasing demand for smartphones.

The Americas region closely follows this, with the US being the highest contributor with a 90 percent share in terms of consumption. Following this is the EMEA region accounting for a share of 5 percent of the total consumption in the Global Camera Module in Mobile Device market. The low share is due the presence of only a handful of manufacturers of smartphones in this region.

Speaking on this occasion, one of the senior analysts and co-author of this report said, “Increasing demand for easy-to-carry and easy-to-use devices and the availability of mobile devices with a high-resolution camera will be leading to an increase in smartphone shipments to 1,283 million units by 2016. Expanding WLAN coverage in public environments for supporting the uploading of pictures in social media for sharing with friends and families using messaging apps such as WhatsApp, BlackBerry messenger, WeChat, Snapchat and so on will be also adding to the growth of the Global Camera Module in Mobile Device Market. What needs to be seen is how vendors will be catering to this increasing market demand by reducing the high cost of production to provide affordable solutions for the end customers.”

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.

If you are interested in more information on this topic and our upcoming research on the Global Camera Module in Mobile Device Market 2014-2018 (http://www.technavio.com/report/global-camera-module-mobi...), please send an e-mail to media@technavio.com.


About TechNavio

TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global Camera Module in Mobile Device Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

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