The report “Smart sensor market by Product (Image, Touch, motion, temperature, pressure, positions), Industry Trends, Estimation & Forecast, 2016-2024”, says the global smart sensor market was valued at $20.75 billion (€17.29 billion) in 2016, and is projected to reach $81.99 billion (€68.31 billion) by 2024, growing at a CAGR (compound annual growth rate) of 18.9% from 2017 to 2024.
According to a new research report from the IoT analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 1.1 million in Q4-2016.
The connected object market today shows a real complementarity between the OTT and Telco players in terms of their current positionings, aligned with their core business. In the longer term, however, IDATE anticipates a fiercer competition, around the platforms and services which are set to be the next source of revenue.
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