TrendForce Forecasts 3D Sensing Market Explosion

TrendForce anticipates that from 2017 onward, the market for 3D sensing solutions in mobile devices will witness leaping growth. The total value of the global market for 3D sensing modules used in mobile devices is estimated to reach $1.5b in 2017 and is forecast to grow at a massive CAGR of 209% to around $14b in 2020.

“Based on an analysis model that includes iPhone-driven demand, the global market for 3D sensing modules used in mobile devices is projected to register a spectacular annual growth rate of 703% in the total value for 2017,” said TrendForce analyst Jason Tsai. iPhone with 3D sensing would generate significant interests in the related hardware from Samsung, Huawei and other smartphone brands. “As 3D sensing apps mature, smartphone makers will also accelerate the incorporation of related hardware into their mainstream offerings. TrendForce therefore expects another demand surge in the mobile 3D sensing market in 2019.”

Tsai added that the 3D sensing feature on smartphones is currently used mainly for tasks that involve facial recognition of the user, such as unlocking the device and mobile payment.