IoT Sensors Market to Reach US$34.75 bn by 2023, Driven by Transformative Potential of IoT

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Internet of Things (IoT) is a network that is embedded with sensors, electronics, network connectivity, and software enabling physical objects to gather and exchange data. As IoT rises into dominance, sensors are playing a pivotal role for measuring the physical quality of objects and enumerating it into a value, which can be read by another device or user. IoT devices are equipped with sensors which are capable of registering changes in pressure, temperature, motion, light, and sound. In the physical world, more and more objects can now communicate with each other through embedded IoT sensors, actuators, and tags. The global IoT sensors market has been segmented on the basis of types, application and geography. In addition, an exhaustive cross sectional analysis of the global IoT sensors market across four broad regions has been covered under the scope of the study.

A surge in demand for IoT sensors in the automotive industry and the booming Industrial Internet of Things (IIoT) market are strongly driving the growth of the IoT sensors market. Furthermore, increase in demand for consumer electronics and growing demand for smart devices is boosting the market growth. Smart devices account for a considerable portion of consumer electronics. Thus, increasing global sales of consumer electronics is fueling growth of the IoT sensors market. While smartphones and related products are already used to a large extent, smart electricity, gas and water meters are expected to witness rising demand over the next few years. The conjoint effect of all these trends and drivers is thus set to bolster the growth of the global IoT sensors market during the forecast period.

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Stringent government regulations and policies across the globe are encouraging the development of “smart cities” and this is offering a potential growth opportunity to the global IoT sensors market. IoT sensors would be used in smart cities in smart meters, smart grids, intelligent traffic management systems, and smart parking among others. Further, technological advancements in the medical industry are set to offer a substantial opportunity for the growth of the IoT sensors market. The deployment of healthcare devices using IoT sensors could transform the healthcare industry by focusing on better patient care, lowering costs, and increasing efficiency. The IoT sensors market has huge opportunity and scope in the emerging markets of Asia Pacific and Rest of the world (RoW). Emergence of new players in the developing markets such as China, Japan, India, Australia, Russia, and Brazil coupled with the adoption of better and advanced technologies has led to the increase in competitiveness in the market.

The competitive profiling of the key players in the global IoT sensors market across four broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of IoT sensors. The market attractive analysis of the major application areas has been provided in the report, in order to offer a deep insight of global IoT sensors market.

A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Market dynamics are the distinctive factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2015 to 2023, along with offering an inclusive study of the IoT sensors market.

Some of the major players in the IoT sensors market are: Infineon Technologies (Germany), STMicroelectronics N.V. (Switzerland), IBM (U.S.), Robert Bosch GmbH (Germany), Honeywell International Inc. (U.S.), Ericsson (Sweden), InvenSense Inc. (U.S.), Libelium (Spain), ARM Holdings Plc. (U.K.) and Digi International Inc. (U.S.) among others.

The global IoT Sensors market has been segmented into:

Global Sensors Market, by Types
- Accelerometers
- Gyroscopes
- Magnetometers
- Pressure Sensors
- Temperature Sensors
- Light Sensors
- Others

Global IoT Sensors Market, by End-Use Industry:

- Consumer Electronics
- Healthcare
- Automotive
- Industrial
- Building Automation
- Retail
- Others

Global IoT Sensors Market, by Geography: The market is broadly segmented on the basis of geography into:

- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Rest of the World
- Latin America
- Middle East
- Africa

Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Key Take Away
1.4 Research Methodology

Chapter 2 Executive Summary
2.2 Global IoT Sensors Market Snapshot

Chapter 3 Market Overview
3.1 Introduction
3.2 Key Trend Analysis
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1Growing demand for IoT sensors in the automotive industry
3.3.1.2Increase in demand for consumer electronics and appliances and growing demand for smart devices
3.3.1.3Increasing deployment of IoT sensors in IIoT
3.3.2 Market Restraints
3.3.2.1Security issues with wireless sensor networks
3.3.3 Market Opportunities
3.4 IoT Sensors: Market attractiveness analysis
3.4.1 Recommendations
3.5 Competitive Landscape

Chapter 4 Global IoT Sensors Market Analysis, by Type
4.1 Overview
4.2 Accelerometers Market , Revenue Forecast (USD million), 2014 – 2023
4.3 Gyroscopes Market , Revenue Forecast (USD million), 2014 – 2023
4.4 Magnetometers Sensor Market , Revenue Forecast (USD million), 2014 – 2023
4.5 Temperature Sensor Market, Revenue Forecast(USD million), 2014 – 2023
4.5 Pressure Sensor Market, Revenue Forecast(USD million), 2014 – 2023
4.5 Light Sensor Market, Revenue Forecast(USD million), 2014 – 2023
4.6 Others Market , Revenue Forecast (USD million), 2014 – 2023

Chapter 5 Global IoT Sensors Market: By Application
5.1 Overview
5.1.1 By applications: Revenue Share, 2014 Vs 2023
5.2 Consumer electronics, Revenue Forecast (USD million), 2014 – 2023
5.3 Healthcare, Revenue Forecast (USD million), 2014 – 2023
5.4 Automotive, Revenue Forecast (USD million), 2014 – 2023
5.5 Industrial, Revenue Forecast, 2014 – 2023, (USD million)
5.6 Building automation, Revenue Forecast (USD million), 2014 – 2023
5.7 Retail, Revenue Forecast (USD million), 2014 - 2023
5.8 Others Application, Revenue Forecast (USD million), 2014 – 2023

Chapter 6 Global IoT Sensors Market –By Region
6.1 Global IoT Sensors Market: Regional overview
6.1.1 By Region: Revenue share, 2014 – 2023
6.2 North America IoT Sensors market, 2014 – 2023, (USD Million)
6.2.1 North America IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.2.4 North America IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.2.3 U.S. IoT Sensors market, 2014 – 2023, (USD Million)
6.2.3.1 U.S. IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.2.3.2 U.S. IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.2.4 Canada IoT Sensors market, 2014 – 2023, (USD Million)
6.2.4.1 Canada IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.2.4.2 Canada IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.2.5 Mexico IoT Sensors market, 2014 – 2023, (USD Million)
6.2.5.1 Mexico IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.2.5.2 Mexico IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.3 Europe IoT Sensors market, 2014 – 2023, (USD Million)
6.3.1 Europe IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.3.2 Europe IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.3.3 U.K. IoT Sensors market, 2014 – 2023, (USD Million)
6.3.3.1 U.K. IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.3.3.2 U.K. IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.3.4 Germany IoT Sensors market, 2014 – 2023, (USD Million)
6.3.4.1 Germany IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.3.4.2 Germany IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.3.5 France IoT Sensors market, 2014 – 2023, (USD Million)
6.3.5.1 France IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.3.5.2 France IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.3.6 Italy IoT Sensors market, 2014 – 2023, (USD Million)
6.3.6.1 Italy IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.3.6.2 Italy IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.3.7 Rest of Europe IoT Sensors market, 2014 – 2023, (USD Million)
6.3.7.1 Rest of Europe IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.3.7.2 Rest of Europe IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.4 Asia Pacific IoT Sensors market, 2014 – 2023, (USD Million)
6.4.1 Asia Pacific IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.4.2 Asia Pacific IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.4.3 China IoT Sensors market, 2014 – 2023, (USD Million)
6.4.3.1 China IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.4.3.2 China IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.4.4 India IoT Sensors market, 2014 – 2023, (USD Million)
6.4.4.1 India IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.4.4.2 India IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.4.5 Japan IoT Sensors market, 2014 – 2023, (USD Million)
6.4.5.1 Japan IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.4.5.2 Japan IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.4.6 Rest of Asia Pacific IoT Sensors market, 2014 – 2023, (USD Million)
6.4.6.1 Rest of Asia Pacific IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.4.6.2 Rest of Asia Pacific IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.5 RoW IoT Sensors market, 2014 – 2023, (USD Million)
6.5.1 RoW IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.5.2 RoW IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.5.3 Latin America IoT Sensors market, 2014 – 2023, (USD Million)
6.5.3.1 Latin America IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.5.3.2 Latin America IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.5.4 Middle East IoT Sensors market, 2014 – 2023, (USD Million)
6.5.4.1 Middle East IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.5.4.2 Middle East IoT Sensors Market, by Application 2014 – 2023, (USD Million)
6.5.5 Africa IoT Sensors market, 2014 – 2023, (USD Million)
6.5.5.1 Africa IoT Sensors Market, By Type, 2014 – 2023, (USD Million)
6.5.5.2 Africa IoT Sensors Market, by Application 2014 – 2023, (USD Million)

Chapter 7 Company Profiles
7.1 Infineon Technologies
7.2 STMicroelectronics N.V
7.3 IBM
7.4 Robert Bosch GmbH
7.5 Honeywell International Inc
7.6 Ericsson
7.7 InvenSense Inc.
7.8 Libelium
7.9 ARM Holdings plc
7.10 Digi International Inc

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