openPR Logo
Press release

IoT Sensors Market 2021 Trends, Growth Opportunities, Industry Revenue and Business Analysis by Forecast – 2027

12-04-2021 01:28 PM CET | IT, New Media & Software

Press release from: Market Insights Reports

The IoT Sensors Market research report discusses the key drivers influencing global growth, opportunities, current challenges and the risks faced by key players and the market as a whole IoT Sensors Market competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.

IoT Sensors Market is envisaged to record an expansion at the CAGR of 18.4% over the forecast period, 2021 – 2027

Request for Free Sample Here:

https://www.marketintelligencedata.com/reports/376058/global-iot-sensors-market-growth-2021-2026/inquiry?mode=ich_nk

Market Overview

 The new emerging applications and business models, coupled with the falling device costs, have been significantly driving the adoption of IoT. Consequently, many connected devices - connected cars, machines, meters, wearables, and consumer electronics. According to the Ericsson study, of the 28 billion total devices connected by 2021, close to 16 billion will be IoT devices. This robust growth is expected to be driven by the increased focus on deploying a connected ecosystem and the standardization of 3GPP cellular IoT technologies. Industry 4.0 initiatives across regions like Europe, China, etc., are the major drivers of the IoT deployments, and therefore, the IoT sensors. According to 60% of the manufacturing companies are already engaged in IoT projects, and more than 30% are at an early deployment stage. Moreover, the decreasing cost of IoT sensors is one of the prominent factors that would fuel the technology's adoption over the forecast period.

The major players covered in the IoT Sensors Market:

Bosch, Honeywell, NXP, Infineon, Analog Devices, Panasonic, InvenSense, TI, Silicon Laboratories, ABB, STMicroelectronics, TE Connectivity, Huagong Tech, Sensirion, Zhonghang Electronic Measuring Instruments, Vishay, Hanwei Electronics, Semtech, Omron

IoT Sensors Breakdown Data by Type

Pressure Sensor

Environmental Sensor

Optical Sensor

Chemical Sensor

Motion Sensor

Others

IoT Sensors Breakdown Data by Application

Smart City
Connected Industry
Connected Building
Connected Car
Smart Energy
Connected Health
Smart Agriculture
Others

Report link:

https://www.marketintelligencedata.com/reports/376058/global-iot-sensors-market-growth-2021-2026?mode=ich_nk

North America to Account for a Significant Market Share

North America is one of the largest markets due to several established vendors in the region and the earliest adoption of IoT technology in various industries. Most of the companies in this region are increasingly adopting IoT to keep track of their offering's performance, thus, avoiding costly breakdowns or inefficient routine maintenance shutdowns. The usage of IoT in the region is also significantly driving the studied market. For instance, according to a study by Stanford University and Avast, North American homes have the highest density of IoT devices in any region in the world. Notably, 66% of homes in the region have at least one IoT device. Additionally, 25% of North American homes boast more than two devices. Further, devices like IoT-enabled medical wearable temperature sensors that transmit data remotely to a central monitoring system are already implemented. Medical staff is alerted based on trends and thresholds, identifying the patient and room, and can respond accordingly.

Regions and Countries Level Analysis

Regional analysis is another highly comprehensive part of the research and analysis study of the IoT Sensors Market presented in the report. For the historical and forecast period 2016 to 2027, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

The report offers an in-depth assessment of the growth and other aspects of the IoT Sensors Market in important countries (regions), including North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa) and ROW.

Buy Report Here:

https://www.marketintelligencedata.com/report/purchase/376058?mode=su?mode=ich_nk

Table of Contents:

Global IoT Sensors Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global IoT Sensors Market Forecast

Impact of Covid-19:

The COVID-19 pandemic had a minor impact on the IoT Sensors Market's growth. The emergence of COVID-19 has caused a substantial setback to export-oriented economies in the region, owing to the temporary shutdown of manufacturing enterprises. For example, Germany's automotive industry has been seriously harmed because the majority of the country's automobile commerce is with China and Italy. Aside from concerns with exports and imports, the growth of Germany's manufacturing industry has been limited by the closure of production sites and a slowdown in operations to combat COVID-19's spread.

Customization:

The Global IoT Sensors Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

About Us:

Market intelligence data is a global leader in the research business, providing customers with contextual and data-driven research. The company assists customers in developing business plans and achieving long-term success in their particular markets. Consulting services, Market Intelligence Data research studies, and bespoke research reports are all offered by the industry.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

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 IoT Sensors Market 2021 Trends, Growth Opportunities, Industry Revenue and Business Analysis by Forecast – 2027 here

News-ID: 2485087 • Views: 451

More Releases from Market Insights Reports

Competitive Scenario of Ceramide Market Growth, Size, Demand, Forecast with Dept …
The Global Ceramide Market Report Forecast 2022 - 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Ceramide market and offers a clear assessment of the projected market fluctuations during the forecast period. The
Ozone Analyzer Market 2022 Analysis by Top Manufacturers – Teledyne API, Therm …
The Global Ozone Analyzer Market Report Forecast 2022 - 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Ozone Analyzer market and offers a clear assessment of the projected market fluctuations during the forecast
Io-Link Master Market Precise Outlook 2022 - Siemens, Omron, WAGO, ifm Electroni …
The Global Io-Link Master Market Report Forecast 2022 - 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Io-Link Master market and offers a clear assessment of the projected market fluctuations during the forecast
Smart Cash Detectors Market Competitive Research And Global Outlook 2022 To 2028
The Global Smart Cash Detectors Market Report Forecast 2022 - 2028 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). Further, the report also takes into account the impact of the novel COVID-19 pandemic on the Smart Cash Detectors market and offers a clear assessment of the projected market fluctuations during

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