IoT Sensors Market Growth, Analysis and Forecast 2019-2027 Key Players: Analog Devices, ARM Holdings, Broadcom, Honeywell International

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.

The IoT Sensors Market by connectivity type is further segmented into wired and wireless. Both connections have its benefits and limitations which distinguish two from each other. Wired connection is more reliable, secure, and they are less likely to get affected by local factors such as floors, walls, cabinets, or interruption from any electronic devices. Whereas, wireless connections are highly scalable and cost-effective technologies due to the presence of a considerable number of manufacturers in the IoT sensors market.

Worldwide IoT Sensors Market Analysis to 2025 is a specialized and in-depth study of the IoT Sensors industry with a focus on the global market trend. The report aims to provide an overview of global IoT Sensors market with detailed market segmentation by product/application and geography. The global IoT Sensors market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the IoT Sensors players and offers key trends and opportunities in the market.

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Companies Mentioned:

• 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.

The report focuses on an in-depth segmentation of the IoT Sensors market based on type, services, and end-user. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By geography, Asia Pacific is accountable to hold the largest share in the IoT Sensors market in 2017, whereas Middle East & Africa is projected to grow at the highest CAGR during the forecast period.

The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting IoT Sensors market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.

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Key Benefits of Buying this Research Study:

1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global IoT Sensors Market
2. Highlights key business priorities in order to assist companies to realign their business strategies
3. The key findings and recommendations highlight crucial progressive industry trends in the IoT Sensors Market, thereby allowing players across the value chain to develop effective long term strategies
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
5. Scrutinize in-depth global IoT Sensors Market trends and outlook coupled with the factors driving the market, as well as those hindering it
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

The report segments the global IoT Sensors market are as follows:

By Type
• Temperature sensor
• Light Sensor
• Pressure Sensor
• Chemical Sensor
• Motion Sensor
• Others

By Connectivity Type
• Wired
• Wireless

By Application
• Consumer Electronics
• Building Automation
• Healthcare
• Automotive
• Industrial
• Retail
• Others

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This release was published on openPR.