.
Drivers, restraints, and opportunities-
Rise in trend toward the Internet of Things, growth in demand for smart sensors in the automobile sector and for the development of smart cities have boosted the growth of the global smart sensor market. On the other hand, incorporating smart sensors in devices reduces the life of the devices, which restrains the market growth. Nevertheless, rise in adoption of wearable devices and innovative applications in the biomedical sector are anticipated to create innumerable opportunities in the near future.
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COVID-19 Scenarios:
The global lockdown has resulted in the shutdown of production and supply chain operations in the smart sensor industry.