Dec 4 2013
Research and Markets has announced the addition of the "Global Motion Sensor for Tablet Market 2012-2016" report to their offering.
The analysts forecast the Global Motion Sensor for Tablet market to grow at a CAGR of 51.8 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing sales of tablets. The market has also been witnessing the declining ASP of tablets. However, the emergence of phablets could pose a challenge to the growth of this market.
The key vendors dominating this market space are Analog Devices Inc., Asahi Kasei Microdevices Corp., InvenSense Inc., and STMicroelectronis N.V.
Other vendors mentioned in the report are Memsic Inc., and Samsung Electronics Co. Ltd.
Commenting on the report, an analyst from the team said: NFC technology is one of the emerging technologies that is being integrated in portable devices such as mobile handsets and tablets. In 2012, the market witnessed high adoption of devices integrated with NFC technology. Mobile device manufacturers are looking at this as a unique value add-on to their devices. Therefore, the increasing number of devices integrated with NFC is likely to lead to an increase in the penetration of NFC-based devices. NFC technology facilitates fast data transfer and an easy payment option. The market has witnessed an increasing number of tablets being integrated with NFC technology. Therefore, the increased penetration of NFC technology in tablets is expected to contribute to the growth of the Global Motion Sensor for Tablet market.
According to the report, the growth of the Global Motion Sensor for Tablet market is driven by several factors. One of the main drivers in this market is the increase in sales of tablets. Over the past few years, there has been unprecedented growth in the adoption of tablets. Some of the major reasons for this increased adoption are the increased functionality attributed to tablets and their ability to deliver computational flexibility equivalent to that of notebook PCs.
For more information visit http://www.researchandmarkets.com/research/67xvjg/global_motion.
Source: http://www.researchandmarkets.com/