IoT Sensors Market Forecasting Research Report with Major Aspects Like – Top Players Analog Devices, ARM Holdings PLC, Broadcom, Honeywell International, Infineon Technologies AG, NXP Semiconductors N.V

The global IoT sensors market accounted to US$ 9.46 Bn in 2018 and is expected to grow at a CAGR of 23.9% during the forecast period 2019 – 2027, to account to US$ 65.79 Bn by 2027.

Latest market study on "IoT Sensors Market to 2027 by Type (Temperature Sensor, Light Sensor, Pressure Sensor, Chemical Sensor, Motion Sensor, and Others); Connectivity Type (Wired and Wireless); and Application (Consumer Electronics, Building Automation, Healthcare, Automotive, Industrial, Retail, and Others) - Global Analysis and Forecast", IoT sensors market is estimated to reach US$ 65.79 Bn by 2027 from US$ 9.46 Bn in 2018. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

This market research report provides a big picture on “IoT Sensors Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “IoT Sensors Market hike in terms of revenue.

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The major companies offering IoT sensors to different industries include Analog Devices, Inc., ARM Holdings PLC, Broadcom, Inc., Honeywell International, Inc., Infineon Technologies AG, NXP Semiconductors N.V., Omron Corporation, Robert Bosch Gmbh, STMicroelectronics N.V., and Texas Instruments Incorporated among others.

What the report features:-
• Global analysis of IoT Sensors Market from 2019 – 2027 illustrating the progression of the market.
• Forecast and analysis of IoT Sensors Market by Dosage, Route of Administration and Application from 2019 – 2027
• Forecast and analysis of IoT Sensors Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

IoT Sensors Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the IoT Sensors Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.

The advent of IoT has enabled each device to be connected over the internet and the rising adoptions globally would result in more than billions of devices connected over the internet. Also, validating to the above mentioned point is the fact that the data traffic rate on a global level, has grown at an annual rate of more than 65% over the last five years. Also, between 2018 and 2023, the data traffic is anticipated to grow at a compound annual growth rate of close to 40 percent. This exponential growth in data traffic over the internet is out rightly attributed to the growing penetration of smartphones and other consumer electronic devices that can be connected over the internet as a result of the growing popularity of IoT. It is estimated that each individual will have close to a dozen number of devices that would be connected over the internet by 2020. Huge populations of India and China are further proliferating the growing penetration of smart phones and other consumer electronic devices. Additionally, the Government initiatives towards digitalization of economies in these countries is leading to exponential growth of data traffic over the internet in these countries and also on a global scale for other developing economies.

The report also provides the market size and estimates a forecast from the year 2019 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors affecting the IoT Sensors Market.

The report segments the global IoT sensors market as follows:

Global IoT Sensors Market - By Type

Temperature sensor
Light Sensor
Pressure Sensor
Chemical Sensor
Motion Sensor
Others

Global IoT Sensors Market - By Connectivity Type

Wired
Wireless

Global IoT Sensors Market - By Application

Consumer Electronics
Building Automation
Healthcare
Automotive
Industrial
Retail
Others

Global IoT Sensors Market - By Geography

North America
U.S.
Canada
Mexico

Europe
France
Germany
Russia
UK
Rest of Europe

Asia Pacific (APAC)
South Korea
China
India
Australia
Japan
Rest of Asia-Pacific

Middle East & Africa (MEA)
South Africa
Saudi Arabia
UAE
Rest of MEA

South America (SAM)
Brazil
Argentina
Rest of SAM

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