| become a critical industry, with a CAGR of 7.59% for the period of 2023 to 2028. In the ReportLiinker analysis of the sensor industry, the growth trends could very well be staggering. Most sensor manufacturers are not focused on compatibility with the Internet of Things (IoT) markets. The IoT platform is fast growing into a prerequisite for facilitating remote monitoring and control. IoT devices are predicted to make up 50% of all networked devices by 2023. This is driving the sensor market substantially. This connection to IoT devices has opened massive opportunities with the major sectors, including industrial, medical consumer electronics, automotive, and others. | 