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Global CIS market revenue fell for the first time in a decade in 2022

The global CMOS image sensor (CIS) market revenue fell for the first time in a decade to reach $19 billion in 2022, a decline of 7% YoY, according to Counterpoint Research’s data. Sluggish demand from the mobile phone, surveillance and PC and tablet segments led to this weaker-than-expected market

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji
Global CIS market revenue fell for the first time in a decade in 2022
Photo by Rudra Chakraborty / Unsplash

The global CMOS image sensor (CIS) market revenue fell for the first time in a decade to reach $19 billion in 2022, a decline of 7% YoY, according to Counterpoint Research’s data.

Sluggish demand from the mobile phone, surveillance and PC and tablet segments led to this weaker-than-expected market performance. The CIS market revenue in the smartphone segment was down 10% YoY to $13.2 billion. Market share also fell below 70%.

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CIS revenue in both the PC/tablet and surveillance segments also fell YoY as demand for PCs and tablets and surveillance equipment took a dive from the highs of the pandemic era.

The automotive, digital camera and industrial segments’ revenues however increased in the year driven by the growing adoption of autonomous driving; increase in the average selling price (ASP) of cameras; and strong demand for smart factories and industrial automation, respectively.

Global CIS Market Revenue by End User (2022 vs 2021)

Source: Counterpoint

In the outlook for the year, the global CIS industry is expected to slowly recover and see a low-single-digit YoY growth driven by strong demand from automotive and industrial markets and a modest recovery of the mobile phone market. But there are still uncertainties over geopolitical conflicts, global inflation and the macroeconomic environment.

Emmanuel Oyedeji profile image
by Emmanuel Oyedeji

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