The Smart Sensor Market is a rapidly growing industry that is revolutionizing various sectors through real-time data collection, analysis, and decision-making. These advanced sensors are equipped with embedded intelligence and connectivity features, allowing them to gather information, process data, and communicate with other devices or systems autonomously. Major players in the market include Analog Devices, Infineon Technologies, STMicroelectronics, TE Connectivity, and Microchip Technology. The market is expected to reach a value of USD 216.72 billion by 2032, growing at a CAGR of 16.87% during the forecast period of 2024-2032.
