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[New] Through 2028, Gartner expects a steady increase in the embedding of sensor, storage, compute and advanced AI capabilities in edge devices.
Global Fingerprint Sensor Market is expected to rise from its initial estimated value of USD 3.58 billion in 2018 to an estimated value of USD 11.73 billion by 2026 registering a CAGR of 15.98% in the forecast period of 2019-2026.
The Global Fingerprint Sensor Market is expected to exceed more than US$20 Billion by 2024 at a CAGR of 17.5% in the given forecast period.
Business strategies of optical fingerprint sensor market growing advancements and innovative growth forecasted to high growth status 2029.
Digitalization will be one of the major factors driving a 15.2% increase in global passenger traffic and a 19% increase in global freight traffic by 2025.
The Global Fingerprint Sensor Market was valued at USD1.75 Billion in 2018 and is projected to reach USD5.49 Billion by 2026, growing at a CAGR of 15.4% from 2019 to 2026.
Middle East and Africa IoT sensor market is projected to register a CAGR of 34.3% in the forecast period of 2019 to 2026.
The Global Automotive Sensor Market is expected to exceed more than US$5 Billion by 2024 at a CAGR of 23% in the given forecast period.
The Global IoT Sensor Market is expected to exceed more than US$68 Billion by 2024 at a CAGR of 40% in the given forecast period.
The Global Wearable Sensor Market is expected to exceed more than US$2600 Million by 2024 at a CAGR of 29% in the given forecast period.
The global 3D sensor market was valued at USD1.68 billion in 2017, and is expected to reach a market value of USD6.47 billion by 2023, registering a CAGR of 25.23% during the forecast period of 2018-2023.
Global Fingerprint Sensor Marketis expected to rise from its initial estimated value of USD3.58 billion in 2019 to an estimated value of USD11.73 billion by 2026 registering a CAGR of 15.98% in the forecast period of 2019-2026.
Developing technologies such as Air-Elastic water consumption tracking, reminders sensors, a touch sensor to know when it was opened or used, which will bring new opportunities in the market in coming years.
The Europe IoT Sensor market accounted for US$ 2,304.5 Mn in 2018 and is expected to grow at a CAGR of 24.9% over the forecast period 2018-2027, to account for US$ 17,158.7 Mn in 2027.
Japanese Ministry of Defense officials confirmed plans to study a space-based early missile warning system by testing an experimental infrared sensor in 2020.
The global beacon market will expand considerably in the coming years and a significant amount of growth can be entirely attributed to the integration of IoT.
The many benefits provided by sensors is fueling a projected 13.2% compound annual growth rate for the sensor market through 2023, with estimates of one trillion sensors being deployed across the globe by 2020.
This year in the world of smartphone fingerprint sensors, Qualcomm's ultrasonic in-display fingerprint reader, the 3D Sonic Sensor, is expected to get widespread adoption.
Largely due to global distribution and growing internet availability, the demand for connected devices will increase while the cost of sensors, sensor technologies, and high-speed internet decreases.
The Scottish Government has a unique opportunity to deliver innovative drug policy that would transform Scotland from the drug-death capital of Europe.
The beacon technology market in the retail sector is expected to grow 50% by the year 2024.
Products built with MEMS technology are forecast to account for 73% of the $9.3 billion semiconductor sensor market in 2018 and around 47% of the projected 24.1 billion total sensor units to be shipped globally this year.

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Last updated: 08 December 2019