Press release
IoT Sensors Market to Exhibit Impressive Growth during 2018 – 2025| With: Texas Instruments, Honeywell, Siemens, SmartThings, Digital International, Trimble Inc., Monnit Corporation, Robert Bosch GmbH, NXP Semiconductors, Libelium, Broadcom Inc., Analog
IoT Sensors Market
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IoT Sensors Market was valued at USD 5,050.0 million in 2017 and is expected to reach USD 22,150.0 million in 2025, growing at a healthy CAGR of 32.9% for the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Key Competitors:
The key players operating in the global IoT sensors market are –
• Robert Bosch GmbH
• NXP Semiconductors N.V.
• Infineon Technologies AG
• Libelium
• Broadcom Inc.
• Analog Devices, Inc.,
• TE Connectivity Ltd.,
• TDK Corporation,
• Omron Corporation,
• Sensata Technologies, Inc.,
• Texas Instruments Inc.,
• Honeywell International Inc.,
• Siemens AG,
• General Electric Company,
• SmartThings Inc.,
• Murata Manufacturing Co., Ltd.,
• Sensirion AG,
• Digital International Inc.,
• STMicroelectronics N.V.,
• Trimble Inc.,
• Monnit Corporation,
• and many more.
On May 2017, Siemens AG acquired Enlighted Inc., a provider of smart IoT (Internet of Things) systems in buildings. This acquisition expanded Siemens’ smart IoT products and derived its digitalisation in multi-sensor-based IoT platform.
Competitive Analysis:
The global IoT sensors market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In 2018, EkkoSense (UK) launched wireless thermal sensor based on Internet-of-Things (IoT) technology. This sensor provides ultra-low cost sensor that helps in deploying real-time thermal management of data centres.
Market Drivers:
• Increased use of IoT sensor devices due to the technological advancements
• Growth in internet penetration rate
• High demand for connected and wearables devices
• Introduction of Ipv6 creating larger address space
• Adoption of real-time computing for IoT applications
Market Restraint:
• High data security concerns
• High complex systems
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Customization Options:
• All segmentation provided above in this report is represented at country level and can be customized according to needs.
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization).
Table Of Contents:
• Market Introduction
• Executive Summary
• Industry Overview
• Market Development
• Production/Services
• Global, By Component
• Demand
• Sales Revenue
• Cost
• Gross Margin
• Application / End-User Segment
• Delivery
• Industry Type
• Geography
• Overview
• Market Overview
• Market Segmentation
• Premium Insights
• Regional Market
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
• Company Landscape
• Company Profiles
• Related Reports
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Segmentation: Global IoT Sensors Market
By Type
• Accelerometers
• Temperature Sensors
• Gyroscopes
• Magnetometer
• Pressure Sensors
• Light Sensors & Others
By Network Technology
• Wired
• Wireless
By Application
• Consumer Electronics
• Building Automation
• Healthcare
• Automotive
• Industrial
• Retail & Others
By Geography
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global IoT sensors market
• Analyze and forecast the IoT sensors market on the basis of services, end-user, and services
• Trends of key regional and country-level markets for processes, derivative and application
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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