The rise in Big Data has led to the sharp increase in sensor-enabled offerings from manufacturers, with industries now using sensors to track data, safety measures and other metrics for business. The global sensor market has been forecast to reach $ 39bn by 2015 , $ 57.77bn higher than in 2022 . Sensors can streamline business operations, with Big Data tags potentially revolutionising inventory management and sensors in automobiles allowing vehicle-to-vehicle transmissions. Sensors are improving safety by detecting issues in real time, and reducing inefficiency as a result.
The rise in Big Data has led to the sharp increase in sensor-enabled offerings from manufacturers, with industries now using sensors to track data, safety measures and other metrics for business. The global sensor market has been forecast to reach $57.77bn by 2022, $39bn higher than in 2015. Sensors can streamline business operations, with RFID tags potentially revolutionising inventory management and sensors in automobiles allowing vehicle-to-vehicle transmissions. Sensors are improving safety by detecting issues in real time, and reducing inefficiency as a result.