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According to a recent report by MarketsandMarkets, the global camera module market is expected to grow at a CAGR of 11.2% from 2020 to 2025. The increasing demand for high-quality imaging solutions in smartphones, tablets, and other devices is driving this growth. The report also highlights the rising adoption of dual-camera setups in smartphones as a significant factor contributing to the market's expansion.
Newsworthy points:
Global camera module market projected to grow at a CAGR of 11.2% from 2020 to 2025
High demand for imaging solutions in smartphones, tablets, and other devices driving growth
Adoption of dual-camera setups in smartphones a significant contributor to market expansion
