IOT Sensor Market 2019: Competitive Analysis Report By IBM, Sierra Wireless, Honeywell, General Electric Manufacturing Company (GEMAC), Siemens, Sensata Technologies and others
Depending on client’s requirements, massive business, product and market related information is brought together via this report that eventually helps businesses create better strategies. This IOT Sensor market report also offers list of the chief competitors and provides the strategic insights and analysis of the key factors influencing the information technology industry. This market report inspects the market with respect to general market conditions, market improvement, market scenarios, development, cost and profit of the specified market regions, position and comparative pricing between major players. Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are also reviewed in this IOT Sensor report.
The Global 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.
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Key Players/ Competitors: Global IoT Sensor Market
Sierra Wireless, Inc., Moxa Inc., GENERAL ELECTRIC, Skyworks Solution Inc., Infineon Technologies AG, Honeywell International Inc., Texas Instruments Incorporated, Siemens Healthcare GmbH, CANON MEDICAL SYSTEMS CORPORATION, NXP Semiconductors, STMicroelectronics, IBM, Sensata Technologies, Inc, Robert Bosch GmbH, TE Connectivity and Qualcomm Technologies, Inc.
Market Key Developments:
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.
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.
Table Of Content: Global Edge AI Hardware Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Global Market Landscape
Part 04: Global Market Sizing
Part 05: Global Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Segmentation: Global IoT Sensor Market
Global IoT sensor market is segmented into three notable segments which are sensor type, technology and vertical.
On the basis of sensor type, the market is segmented into temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, inertial sensors, image sensors, touch sensors, proximity sensors, acoustic sensors, motion sensors, occupancy sensors, CO2 sensors and light sensors and radar sensors. In 2018, pressure sensor is likely to dominate market and growing at a highest CAGR in the forecast period of 2019 to 2026.
• In February 2018, Sierra Wireless, Inc. (Canada) launched a new LPWA cellular router for commercial and enterprise IoT platforms. This cellular router solution focuses on providing embedded applications which is integrated with cloud services and APIs.
On the basis of vertical, the market is segmented into consumer, commercial and industrial. In 2018, Industrial Vertical is likely to dominate market and growing at a highest CAGR in the forecast period of 2019 to 2026.
• In June 2018, Sierra Wireless, Inc. (Canada) launched a Next-Generation mangOH, it’s an open source platform that enabled the applications in industrial IoT platforms. This solution was developed to provide sensors and actuators for battery and mobile power applications.
On the basis of technology, the market is segmented into wireless & wired technology. In 2018, wired technology is likely to dominate market and growing at a highest CAGR in the forecast period of 2019 to 2026.
• In February 2018, NXP launched IoT-on-a-Chip which advances in edge computing. It has the major features like tight integration, high performance.
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Market Drivers & Restraint:
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
High data security concerns
High complex systems
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 cyber security as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Customization of the Report: Global IOT Sensor Market report can be customized to meet the client’s requirements. Please connect with us (email@example.com), we will ensure that you get a report that suits your needs.
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