Soaring Demand for Technologically Advanced Smartphones and Tablet PCs to Drive Global Camera Module Market to Exhibit 19.7%CAGR Through 2019

Albany, NY -- (ReleaseWire) -- 05/26/2015 -- As per a recent research report published by Transparency Market Research (TMR), the global camera module market is forecasted to be valued at US$43.06 billion by 2019. TMR a market intelligence company based in the U.S. states that the global camera module market which was valued at US$12.00 billion in 2012 is likely to exhibit a remarkable CAGR of 19.7% between 2013 and 2019. The research report "Global Camera Module Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019" is available for sale on the company website.As stated by the TMR research report, increasing penetration of smartphones and tablet PCs and growing demand for technologically advanced versions of the devices is primarily driving the global camera module market.