Towards the trillion sensors market

Abstract

Purpose – This article aims to provide an insight into recent deliberations on the possibility of a global sensor market reaching one trillion units per annum within the next decade. Design/methodology/approach – Following an introduction, which includes details of the TSensors Summit, this article discusses existing high volume sensor applications with multi-billion unit growth prospects. It then considers certain new and emerging applications, including the Internet of Things. This is followed by technological considerations and a brief discussion. Findings – The possibility of a global sensor market reaching one trillion units per annum within the next decade is the topic of serious debate. Several applications representing multi-billion levels have been identified and the ongoing TSensors Summit activities seek to identify further high volume, high growth uses and the factors that will stimulate them. While MEMS will play a central role, other, often new sensor technologies will be vital to achieving the trillion unit level. Originality/value – This article provides a timely review of recent deliberations surrounding the feasibility of achieving a global, trillion sensor market.