Asia Pacific Smartphone Camera Module Market Size

Statistics for the 2023 & 2024 Asia Pacific Smartphone Camera Module market size, created by Mordor Intelligence™ Industry Reports. Asia Pacific Smartphone Camera Module size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Asia Pacific Smartphone Camera Module Industry

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 asia pacific smartphone camera module market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.00 %
Market Concentration Medium

Major Players

asia pacific smartphone camera module market size

*Disclaimer: Major Players sorted in no particular order

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APAC Smartphone Camera Module Market Analysis

The Asia-Pacific Smartphone Camera Module Market is expected to register a CAGR of over 7%, during the period from 2021 to 2026. The market for module cameras in smartphones is still growing, owing to the continuous innovations and technological upgradations, which range from reduction in the size of camera modules, the introduction of front-facing cameras and dual rear cameras, to the latest implementation of the 3D sensing camera module that would enable smartphones to become multi-sensor optronic interfaces.

  • The smartphone camera modules have disrupted the digital still camera (DSC) market. The performance and complexity of camera modules have increased considerably, which explains the decline in compact camera sales. Dual and 3D sensing cameras are new ways to implement existing compact (or CMOS) camera module (CCM) technology and sustain growth by having more cameras per system.
  • One factor driving the Asia-Pacific smartphone camera module market is the growing number of cameras per smartphone (in units). To improve the functionality and quality of images produced by smartphones and rising trends of front cameras, OEMs are shifting from single rear cameras to dual, triple, and quad-camera designs, resulting in increasing adoption of an average number of camera modules per smartphone.
  • For instance, according to the statistics by photonicsViews, the introduction of dual-front and back cameras would increase the number of cameras per smartphone that is expected to be 2.7 cameras per phone on average by 2022.
  • Smartphone cameras are expected to offer high image quality even in indoor and nighttime, high-resolution photography and video, optical image stabilization, zoom ability, and high-speed autofocus. Moreover, Sensor size is a crucial determinant of image quality in traditional cameras, and the same is true in smartphones. With the current trends, smartphone companies are now aggressively developing specific image sensors with unique features. 
  • A shift in consumer spending behavior due to the COVID-19 pandemic, coupled with the smartphone market nearing a point of saturation, witnessed the slowdown of smartphone sales in 2020.

Asia Pacific Smartphone Camera Module Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)