The global CMOS image sensor market will grow significantly in 2024

According to data from Yole Group and China Commercial Industry Research Institute, the global CMOS image sensor market size is expected to reach US$27.327 billion in 2024, a significant year-on-year growth. This is mainly due to the rapid development of smartphones, automotive electronics, security monitoring and other industries, as well as the rise of emerging application fields such as autonomous driving, augmented reality (AR)/virtual reality (VR), and artificial intelligence (AI).