The global market for sensors for the transportation and warehousing industries are set to grow by 30 per cent, according to a report by Persistence Market Research.
Surpassing the market value of $16 billion in 2018, the global sales of internet of things sensors is poised for a whopping 24 per cent annual growth during the course of next decade.
Industry’s shift from legacy systems to advanced IoT enabled systems for utmost reliability and accuracy of data is creating potential growth opportunities for the IoT sensors market. [Read more…] about Market for transportation and warehousing sensors forecast to grow to $16 billion