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Sensors Move Towards Predictive and Control Space
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Sensors are experiencing large-scale deployment in diverse end-user applications across all vertical markets. Sensors are used in multiple ways, such as standalone, integrated, combined, embedded, and, more recently, as wearable and ingestible. Sensors enable monitoring, tracking, and control through IoT connectivity in real time. Sensor technologies are becoming robust, highly sensitive, and highly accurate. Sensors are becoming intelligent and prognostic; therefore, ensuring safety. Sensors continue to be in the growth stage of life cycle and are estimated to grow at increasing annual revenue growth rate year after year.
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