IoT Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
"IoT sensors market is
increasing in terms of demand of IoT sensors because of their
developing use in IoT equipment that can enlist changes in sound,
movement, light, temperature, and weight."
About
IoT
sensors market
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.
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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.
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.
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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
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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
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