Global CIS Market Revenue to Reach $21.9 Billion in 2022
Beijing, Hong Kong, New Delhi, London, Seoul, Buenos Aires, San Diego - FEBRUARY 23, 2022
- The global CIS market’s revenue is expected to reach $21.9 billion in 2022, posting a YoY increase of 7%.
- Mobile phones are expected to contribute 71.4% of the total CIS market revenue.
- The top three vendors are expected to capture a 77% revenue share.
Source: Counterpoint Research
Note: Figures may not add up to 100% due to rounding
Looking from the vendor perspective, Sony is expected to capture a 39.1% revenue share in 2022, followed by Samsung (24.9%) and OmniVision (12.9%).
Sony has been actively expanding and diversifying its CIS customer base as the largest supplier of image and ToF sensors, both consisting of large-sized pixels, pushing the trend of raising mobile photography to a pro-level DSLR quality. Sony’s CIS revenue is expected to increase 3% YoY in 2022.
Meanwhile, the gap between Sony and Samsung is expected to narrow further as the latter will benefit from its first-mover advantage in providing cost-competitive super-high-resolution image sensors for mid-to-high smartphones and aggressive production capacity expansion.
OmniVision is also expected to see a big jump in CIS revenue in 2022, benefitting from a diversified product portfolio, breakthroughs in super-high-resolution sensors for smartphones and increasing demand from the automobile, surveillance and industrial segments.
Source: Counterpoint Research
Note: Figures may not add up to 100% due to rounding
Although macroeconomic uncertainties, such as the resurgence of COVID-19 disrupting camera production, still pose a threat to the global CIS industry, the camera performance upgrade and CIS content enrichment in the smartphone, automotive and other applications is laying a solid foundation for the CIS industry to achieve multi-year growth ahead. We will continue to keep a close eye on the megatrend.
The comprehensive and in-depth ‘CIS Sensor Report’ is now available for purchase. Feel free to reach out to us at [email protected] for questions regarding our latest research and insights.
Background
Counterpoint Technology Market Research is a global research firm specializing in products in the TMT (technology, media and telecom) industry. It services major technology and financial firms with a mix of monthly reports, customized projects and detailed analyses of the mobile and technology markets. Its key analysts are seasoned experts in the high-tech industry.
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Counterpoint Research is a global industry and market research firm providing market data, intelligence, thought leadership and consulting across the technology ecosystem. We advise a diverse range of global clients spanning the supply chain – from chipmakers, component suppliers, manufacturers and software and application developers to service providers, channel players and investors. Our veteran team of analysts serve these clients through our offices located across the key innovation hubs, manufacturing clusters and commercial centers globally. Our analysts consistently engage with C-suite through to strategy, market intelligence, supply chain, R&D, product management, marketing, sales and others across the organization. Counterpoint’s key coverage areas: AI, Automotive, Cloud, Connectivity, Consumer Electronics, Displays, eSIM, IoT, Location Platforms, Macroeconomics, Manufacturing, Networks & Infra, Semiconductors, Smartphones and Wearables.