According to a new market report published by Transparency Market Research "Smart/Intelligent Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global Smart/Intelligent Sensorsmarket is expected to reach a value of USD 21.60billion by 2019, growing at a CAGR of 12.2% from 2013 to 2019. Growing demand for automobiles and growth in the intelligent transport system (ITS) has led to the increase in demand of smart/intelligent sensors. The other factors driving this market are growing demand of smartphones and tablet PCs.