This represents a compound annual growth rate over the period of about 14 percent. Over the same period unit shipments will increase from 5.8 billion units to more than 17.5 billion units demonstrating a strong reduction in average selling price.
STMicroelectronics remained the market leader in MEMS for mobile phones and tablets in 2013, according to Yole, but Knowles, Bosch Sensortec and InvenSense all grew in 2013. Knowles had lost market share in MEMS microphones in 2012 due to competition from Analog Devices, AAC Technologies and Goertek but was able to regain market share in 2013 by way of design for two microphones in the iPhone 5C and the iPhone 5S.
The first-mentioned top four in the market command more than 50 percent market share between them and are trying to enlarge their MEMS portfolios so that they can make bundled sales to customers. ST and Bosch provide a broad range of inertial sensors, microphones and pressure sensors. InvenSense has broadened its portfolio by acquiring Analog Devices' MEMS microphone product line and signed a collaboration agreement with Sonion A/S in Roskilde, Denmark, a leading developer and supplier of hearing aids.
Over the forecast period it is expected that sensor fusion will drive the development of integrated sensors, and dedicated sensor hub ICs, as well as opening up novel applications uses of context awareness.
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