The growing global sensor market is predicted to reach $57.77 billion by 2022, growing by more than $39 billion since 2015. 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. In a world of increasingly connected devices, it is important that businesses are able to tap into data about their customers so they have an edge over competitors.
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. In a world of increasingly connected devices, it is important that businesses are able to tap into data about their customers so they have an edge over competitors.