Technology News & Trends

  Charting a solid 7.2% CAGR (Compound Annual Growth Rate) over the forecast period of 2018 to 2026, the global 3D Sensor Market is set to see an improvement in market worth. As per a Transparency Market Research, the value by the end of the forecast period would be USD 2556.6 million. The market owes the growth to massive advancements in technology in industries like IT and Telecommunication, and Electronics. For instance, the 3D sensor that has been upgraded has transformed the wat delivery of services happened. Another significant factor driving growth in the global  3D Sensor market  is that it is used in electronics to improve performance. And, thus, it is widely used in gaming devices, cameras, smartphones, and laptops. And, since it improves user experience, it is also used in gaming for augmented reality and virtual reality. Thus, as demand for smartphones and other such consumer electronics increases, the global 3D Sensor Market will see an upward growth trajecto...

According to a new market report pertaining to the 3D sensor market , published by Transparency Market Research, the global 3D sensor market is expected to reach US$ 2,556.6 Mn by 2026, expanding at a CAGR of 7.2% from 2018 to 2026. According to the report, the global 3D sensor market will continue to be influenced by a range of macroeconomic and industry-specific factors. Asia Pacific will continue to be at the forefront of global demand, with the market in the region growing at a CAGR of 7.9% through 2026. Most 3D sensors enhance performance of consumer electronic devices including smartphones, laptops, cameras, and gaming devices, apart from many other automotive, and healthcare applications. The additional features provided by 3D sensors such as depth sensing, augmented reality in gaming devices, and some other significant features improves performance of these devices and offers better user experience. This has led to the growth in integration of 3D sensors in electronic dev...