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The global IoT sensors market is expected to reach a value of USD 107.74 Billion by 2031, growing at a CAGR of 28.60% during the forecast period. IoT sensors have a wide range of applications in industries such as home automation, healthcare, and industrial monitoring, providing benefits such as improved efficiency and reduced costs. Top companies in the market, such as Bosch Sensortec, are focused on innovation, integration, and miniaturization of sensors for IoT applications.
