Global Smart Pallet Sensors Market is Expected to Exhibit a CAGR of 4.2% During the Forecast Period (2019-2027)

Among region, Asia Pacific region is expected to exhibit highest growth rate over the forecast period, owing to increased output from the healthcare and retail industry. For instance, according to US-China Business Council, in 2016, the Chinese healthcare sector accounted for 6% share of country's GDP and is expected to rise up to 10% in the near future.