Lucintel’s latest market report analyzed that sensor hub provides attractive opportunities in the consumer electronics, automotive, industrial, military, healthcare, and telecommunication industries. The sensor hub market is expected to grow at a CAGR of 18% to 20%. In this market, discrete sensor processor is the largest segment by processor type, whereas consumer electronics is largest by end use industry.
Download Brochure of this report by clicking on https://www.lucintel.com/sensor-hub-market.aspx Based on processor type, the sensor hub market is segmented into application sensors processor, discrete sensor processor, sensor integrated microcontroller, and others. The discrete sensor processor segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to increasing adoption in the consumer electronics sector for various applications such as wearable device and smartphones.
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The Sensor Hub Market is marked by the presence of several big and small players. Some of the prominent players offering sensor hub include Microchip Technology, Inc., NXP Semiconductors N.V., STMicroelectronics N.V., Robert Bosch, and Intel Corp.
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