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Samsung Galaxy S24 leads Camera Lens market rebound
The smartphone camera lens market is predicted to rebound this year, thanks to AI-powered modules. TrendForce forecasts a 3.8% growth in 2024 camera lens market spurred by AI-driven smartphone trends to reach approximately 4.22 billion units.
The report says the Samsung Galaxy S24 series – powered by Galaxy AI – will capture a larger market share. The Galaxy maker also has ambitious goals for its first Generative AI Flagship lineup. The higher the S24 series sales, the higher the camera lens market rebound will climb.
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Samsung’s Galaxy S24 series is packed with the innovative ProVisual Engine algorithm. It promises to revolutionize photo quality by individually optimizing objects within images. It also enhances clarity and significantly stabilizes images by reducing noise and shaking.
TrendForce believes that the industry is expected to see an increase in the adoption of periscopic lens modules. This is due to Apple’s adoption of the Tetraprism (telephoto) lens in its iPhone 15 Pro Max. The company also plans to bring this advanced hardware upgrade to the iPhone 16 Pro.
Source – TrendForce