Smart Sensors Market Size Is Expected To Reach USD 169.80 Billion By 2030
San Francisco, 18 December 2024: The Report Smart Sensors Market Size, Share & Trends Analysis Report By End Use (Industrial, Commercial), By Technology, By Component (Analog To Digital Converter, Digital To Analog Converter), By Type, By Region, And Segment Forecasts, 2024 - 2030 The global smart sensors market size to reach USD 169.80 billion by 2030 and is expected to grow at a CAGR of 19.0% from 2024 to 2030. The proliferation of connected devices, which rely heavily on smart sensors for data collection and transmission is driving the demand for smart sensors. Additionally, advancements in miniaturization and sensor technology have made it possible to integrate smart sensors into a wide array of products, which is further driving the market expansion. Moreover, the rising emphasis on energy efficiency and environmental monitoring is boosting the adoption of smart sensors, which is expected to fuel the market growth in the coming years. F...