MEMS for Mobile Devices Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The MEMS for mobile devices market (henceforth referred to as the market studied) was valued at USD 5.48 billion in 2021. It is projected to be worth USD 9.55 billion by 2027, registering a CAGR of 9.31% between 2022 and 2027 (henceforth referred to as the forecast period).
Key HighlightsThe MEMS market is riddled with large-scale vendors that are capable of both backward and forward integration and command significant revenue generation capabilities. The intensity of competitive rivalry in the market is moderately high and is expected to increase in the coming years.
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