Double-Digit YoY Growth in Shipments
The global smartphone Image sensor market in H1 2021 clocked a total revenue of $7 billion, according to the Strategy Analytics Handset Component Technologies service report, “Smartphone Image Sensor Market Share Q2 2021: Sony Captures 41 Percent Share”
This Strategy Analytics research report finds that the smartphone image sensor market managed to record a revenue growth of more than 10 percent year-over-year in H1 2021. Sony Semiconductor took the top spot in the smartphone image sensor market with 42 percent revenue share followed by Samsung System LSI and OmniVision Technologies in H1 2021. The report estimates that the top three vendors took almost 80 percent revenue share in the global smartphone image sensor market in H1 2021.
Jeffrey Mathews, Senior Analyst at Strategy Analytics says, “The image sensor vendors witnessed an accelerated momentum from smartphone OEMs, who actively adopted high-resolution CIS and low-pixel CIS products for multicamera applications, to secure inventory and cater to pent-up demand. Sony, Samsung and OmniVision supplied key high-resolution CIS products to leading smartphone OEMs in H1 2021.”
Stephen Entwistle , Vice President of the Strategic Technologies Practice at Strategy Analytics commented, “The introduction of new high-resolution and large format CIS products from the major vendors are expected to boost the revenue opportunities in the market. However, we note that the supply fluctuations of various high-pixel and low pixel CIS products continue to challenge the growth prospects of the smartphone image sensor market.”