Smart Sensor Market Industry Analysis, Emerging Trends And Forecast 2030

Smart Sensor Market size was valued at USD 57.74 Billion in 2023 and the total Smart Sensor revenue is expected to grow at 16% through 2024 to 2030, reaching nearly USD 163.19 Billion. Smart Sensor Market Overview: A smart sensor takes input from the physical environment and uses built-in compute resources to perform predefined functions after it detects a specific input and then processes data before passing it on. It can perform data conversion, digital processing, and can communicate to external devices and or to the cloud.