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DALLAS, TX / ACCESSWIRE / February 16, 2021 / According to new report added in Report Banana offerings, there are significant money making opportunities available in the wearable sensors market. Companies planning to enter this market need to prepare and differentiate to maximize their return on investment.
In terms of opportunities, the wearable sensors market is expected to grow from $ 189.4 million in 2015 to USD 1,654.0 million by 2022; it is expected to grow at a CAGR of 30.14% during the forecast period. Market for wristwear application expected to hold the largest size of the market during the forecast period.
The growth of wearable sensors market is driven by the increasing advancement toward smaller, smarter, and cheaper sensors, miniaturization trend in sensors, and mounting benefits of wearable devices in the healthcare sector.