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Global Virtual Sensors Market Expected to Reach $8 2 Billion by 2030, with Algorithmica Technologies, Aspen Technology, and Honeywell Leading the Growth

Global Virtual Sensors Market Expected to Reach $8 2 Billion by 2030, with Algorithmica Technologies, Aspen Technology, and Honeywell Leading the Growth
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Virtual Sensors Market Quantitative Market Analysis, Current and Future Trends

Virtual Sensors Market Quantitative Market Analysis, Current and Future Trends According to Stratistics MRC, the Virtual Sensors market is accounted for $176.53 million in 2017 and is expected to reach $1,758.51 million by 2026 growing at a CAGR of 29.1%. BriefingWire.com, 4/08/2021 - According to Stratistics MRC, the Virtual Sensors market is accounted for $176.53 million in 2017 and is expected to reach $1,758.51 million by 2026 growing at a CAGR of 29.1%. The rising factors are offering agility, easy to deploy, predictive maintenance, the potential reduction in the time, growing implementation of the IoT cloud platforms. However, concerns regarding data security owing to the use of cloud, lack of awareness are the factors that may hamper the growth of the global virtual sensors market.

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