openPR Logo
Press release

Global IoT Sensors Market Size, Competitive Analysis, Share, Forecast- 2019-2025

12-30-2020 09:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Research

Global IoT Sensors Market

Global IoT Sensors Market

The global IoT (Internet of Things) sensors market is estimated to grow at a CAGR of more than 25.0% during the forecast period. Rising smart city projects are offering an opportunity for the growth of the market. A significant number of smart city projects reported in the US, China, and Germany. According to the German Asia-Pacific Business Association, the Chinese government is focusing on the development of smart cities and nearly 500 pilot projects have already been running in the country. The smart city ambitions of China have been primarily led by giant private-sector players that are contributing to making smart cities across the country; these companies also provide technologically advance and innovative capabilities to bolster the infrastructural improvement in the country.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/iot-sensor-market-size

Huawei Technologies Co., Ltd., Alibaba Group Holding Ltd., and Tencent Holdings, Inc. has been leading in the smart city projects across the country. With smart city projects, the Chinese cities are paving the way for cashless payments, AI-directed traffic, and smart parking. In July 2017, City Brain project was started using by Hangzhou. The project is developed by Alibaba, which involves the use of sensors and camera systems across the city for the collection of data on road conditions in real-time. This supports AI-directed traffic, which thereafter traffic signals at 128 intersections.

Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/iot-sensor-market-size

As a result, it enables city officials to make better decisions quickly. It analyzes real-time traffic flow to regulate traffic signals at more than 100 intersections. It is primarily based on cloud computing, big data, and AI to build a smart city and handle urban governance issues. This rising number of smart city projects is attributing to the demand for IoT sensors for several applications, including environmental monitoring, motion sensing and security, and physical monitoring. Smart cities use IoT devices, including connected sensors, meters, and lights to gather and analyze data. Later, the city utilizes this data for the improvement of infrastructure, services, public utilities, and among others.

IoT sensors can be potentially used for several purposes in smart cities, which include the management of water, garbage, transport, and radiation. The government is encouraging the use of IoT sensors in smart city projects to monitor the conditions in real-time. For instance, Copenhagen (Denmark) has commenced utilizing sensors for monitoring bike traffic of the smart city in real-time. It offers important data on improving routes of bikes in the city. In addition, Copenhagen is conducting efforts to modernizing traffic signals and make the transportation system more intelligent and controlled in real-time. This aims to reduce the incidence of accidents in the city. More smart city projects are expected to be commenced in the near future, which in turn, will drive the global IoT sensors market.

Global IoT Sensor Market- Segmentation

By Type

Pressure Sensor
Temperature Sensor
Optical Sensors
Chemical Sensor
Image Sensor
Motion Sensors
Others
By Technology

Wired
Wireless
By Application

Consumer
Commercial
Industrial
Global IoT Sensor Market– Segment by Region

North America

US
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
Japan
India
Rest of Asia-Pacific
Rest of the World

Latin America
The Middle East and Africa
Company Profiles

ABB Ltd.
Analog Devices, Inc.
Arm Ltd.
Cypress Semiconductor Corp.
Digi International Inc.
Ericsson AB
Fujitsu Ltd.
Honeywell International Inc.
IBM Corp.
Infineon Technologies AG
KONUX GmbH
Libelium Comunicaciones Distribuidas S.L
NXP Semiconductors N.V.
Omron Corp.
Pepperl+Fuchs AG
Robert Bosch GmbH
Samsung Electronics Co., Ltd.
Schneider Electric SE
Sensirion AG
STMicroelectronics N.V.
TDK Corp.
TE Connectivity Ltd.
Texas Instruments Inc.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/iot-sensor-market-size

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global IoT Sensors Market Size, Competitive Analysis, Share, Forecast- 2019-2025 here

News-ID: 2218927 • Views: 225

More Releases from Orian Research

Adaptive Optics Market Size, Competitive Analysis, Share, Forecast- 2019-2025
The global adaptive optics market is projected to grow at a significant CAGR of 39.7% during the forecast period owing to the increasing application of adaptive optics in retinal imaging and ophthalmology to reduce the optical aberrations. The integration of adaptive optics converts an ophthalmoscope into a microscope, allowing visualization of and optical access to individual retinal cells in living human eyes. To learn more about this report request a
Supply Chain Analytics Market Size, Competitive Analysis, Share, Forecast- 2019- …
The Global Supply Chain Analytics Market is estimated to grow at a significant CAGR during the forecast period 2019- 2025. The impact of e-commerce on retailers and manufacturers is driving a revolution in many sectors and business organization. This has led to the introduction of supply chain analytics solution, which offers mathematics, statistics, predictive modeling and machine-learning techniques to find meaningful patterns and knowledge regarding order, shipment and transactional data.
Laparoscopic Instruments Market Size, Competitive Analysis, Share, Forecast- 201 …
The laparoscopic or minimally invasive surgery uses a special surgical instrument known as laparoscope to look inside the body and carry out certain procedures. The laparoscopic instruments market is projected to witness a steady growth rate during the forecast period 2018-2023. The rise in preference of minimal invasive method over invasive surgeries, the high prevalence of lifestyle-oriented diseases, high global expenditure on the laparoscopic market, increasing healthcare market in emerging
Fertility Drug Market Size, Competitive Analysis, Share, Forecast- 2018-2023
Infertility is one of the major issue now a day due to change in life style & cultural shift. There are various fertility drugs available in market for infertility related problems. Fertility drugs enhance the reproductive ability by improving quality of egg or sperms by increasing the levels of certain hormones in human body. The major factors that are responsible for the growth of fertility drug market are Change in

All 5 Releases


More Releases for IoT

Global IoT Gateway Market
Global IoT Gateway Market – Industry Analysis and Forecast (2018-2026) – by Node, Connectivity Technology, Component, Application, and Region. Global IoT Gateway Market was valued US$ 11.5 Bn in 2017 and is expected to reach US$ 85 Bn by 2026, at a CAGR of 28.41 % during the forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated
Global IoT Software Market
Global IoT Software Market is segmented into type, application, and geography. On the basis of type, a market is segmented into Real-time Streaming, Analytics Software, Security Solution Software, Data Management Software, Remote Monitoring System Software, and Network Bandwidth Management Software Global IoT Software Market was valued US$ 1.5 Bn in 2017 and expected to reach US$ 7.9 Bn in 2016, at CAGR 23.8% during forecast period. Browse Complete Premium Research
Global IOT Sensors Market
Global IOT Sensors Market – Industry Analysis and Forecast (2016-2024) Global IOT Sensors Market was valued at more than US$ 4 Bn in 2016 and is expected to cross US$ 45 Bn by 2024, at CAGR of more than 40%. The increase in IoT sensors market growth is driven by the certain key factors such as development of cheaper, smarter, and advanced sensors, rising market demand for smart devices and
IoT Data Management Market
The demand for IoT data management has increased due to widespread adoption of end-to-end data management platforms to capitalize IoT data more efficiently. Moreover, modernization of data warehouse architecture, rising need for data security and data traffic management, and rising implementation of IoT device security for data encryption are some of the other factors driving demand in this market. The global IoT data management market can be categorized based on type
Telecom IoT
Publisher’s market research analysts predict the global telecom IoT market to grow steadily during the forecast period and post an impressive CAGR of more than 42% by 2020. This industry research report identifies the growing adoption of intelligent transportation systems (ITS) to be one of the major factors that will have a positive impact on the growth of this market in the coming years. In addition to enabling operators to
IoT Processor Market
In this connected world, internet of things (IoT) is fueling every aspect of human lives. The data that is generated every day from these connected devices is humongous. Proper functioning of these connected devices requires real time exchange of data and information amongst them so that they can solve human problems. In another word IoT means more data, more sensors, agile responses, end-to-end connectivity and smarter user interfaces. All these