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According to the report, the global machine sensor market generated $16.5 billion in 2022, and is projected to reach $35.8 billion by 2032, registering a CAGR of 8.2% from 2023 to 2032.
John Rydning, research vice president at IDC, projects that sensor and machine data volumes will soar over the next five years, achieving a greater than 40% compound annual growth rate through 2027.
The Big Data Analytics, Artificial Intelligence and Machine Learning research cluster tackles important problems and develops real-life applications, harnessing technologies to extract insights and ...
What Nokia terms as Operational Technology (OT) environments generate huge quantities of data from machine sensors, positioning systems, and worker-worn devices, however the increasing complexity of ...
Sensors, Vision and Machine Safety While sensors and vision systems are well recognized as core automation technologies tied to data generation and as drivers of production quality and consistency, ...
Vibration sensors monitor the performance of motors, pumps, and other rotating assets such as fans, compressors and gearboxes to catch maintenance issues before they cause machine failure resulting in ...