Global MEMS Market 2011-2015
TechNavio's analysts forecast the Global MEMS market to grow at a CAGR of 12.4 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for MEMS in consumer electronics. The increasing sale of smartphones is also contributing to the growth of the Global MEMS market. However, the lack of product differentiation poses a challenge to the growth of this market.
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