Lucintel Forecasts Smart Sensor Market to Reach $41.5 Billion by 2028
According to the recent study the smart sensor market is projected to reach an estimated $41.5 billion by 2028 from $23.1 billion in 2023, at a CAGR of 12.5% from 2023 to 2028. Growth in this market is primarily driven by increasing use of these sensors in vehicles to deliver enhanced safety and comfort, rising demand for sensor based wearable devices, and growing government support for...
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