Smart Sensors Market worth $136.3 billion by 2029


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CHICAGO, March 18, 2024 /PRNewswire/ — The global Smart Sensors market was valued at USD 61.9 billion in 2024 and is projected to reach USD 136.3 billion by 2029; it is expected to grow at a CAGR of 17.1% from 2024 to 2029 according to a new report by MarketsandMarkets™. Increasing use of smart sensors to meet Industry 4.0 requirements, surging demand for IOT-based devices and consumer electronics and increasing demand for wireless technology to monitor and control security devices are some of the key drivers driving the growth of smart sensors market. Download PDF Brochure: Browse in-depth TOC...