The global cloud monitoring market in 2020 is estimated for more than US$ 1,376.7 Mn and expected to reach a value of US$ 5,662.7 Mn by 2028 with a significant CAGR of 19.4%.
According to the Market Statsville Group (MSG), the global active sensor market size is expected to grow from USD 18,277.5 million in 2021 to USD 40,346.1 million by 2030, at a CAGR of 9.2% from 2022 to 2030.