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Combo Sensors Driving Growth in the Global Consumer Motion Sensors Market: TechNavio
Consumer motion sensors are devices integrated in consumer electronics such as cellphones, tablets, gaming consoles, laptops, and cameras. In consumer electronics, motion sensors are used in many applications, and are especially important for the provision of location-based services.
Key Market Drivers
· Rise in Smartphone and Tablet Sales
· Purchase of Wearable Electronics
· Demand for Motion Interface
Key Market Trends
· Emerging Market for Combo Motion Sensors
· Demand for Fitness Monitoring Devices
· Emerging Motion Sensor Applications for Interactive Smart TV
“The growing popularity of combo motion sensors among end-users is one of the major emerging trends in the market,” says Faisal Ghaus, Vice President of TechNavio.
“Combo sensors combine the functions of different motion sensors in one chip without compromising the performance of the device. This reduces the space needed on circuit boards, which is important to consumer electronics device manufacturers.”
To define the market circumstances 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 the order of importance.
If you are interested in more information on this topic and our upcoming research on
Global Consumer Motion Sensors Market 2014-2018 (http://www.technavio.com/
TechNavio is a leading global technology research and advisory company. Founded ichix in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.
We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. 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 constantly changing technology market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. 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.
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TechNavio Media Relations