IoT Sensors Market forecast report categorizes global market by Sensor Type (Pressure, Temperature, Humidity, Magnetometer, Gyroscope, Accelerometer, Image, Inertial), Network Technology (Wired and Wireless), Vertical (Consumer, Commercial, Industrial), and Geography.
High demand for connected and wearable devices is driving the growth. Data security concerns are hampering market growth.
Global IOT Sensors Market research reports meets with users expectations by covering all industrial parameters like Key Manufacturers, Top Regions, Developments, Technology, R&D, Trends, Revenue and Future industrial growth.
A substantial increase in the adoption of IoT sensors in diverse industries will drive the market in near future.The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
The global IOT Sensors market is valued at 9560 million US$ in 2018 is expected to reach 47000 million US$ by the end of 2025, growing at a CAGR of 22.0% during 2019-2025.
A smart sensor is a device that takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. IoT platforms function and deliver valorous kind of intelligence and data using a variety of sensors.
Key players dominating the IoT Sensors Industry include Honeywell, Libelium, Broadcom Inc., Hitachi, Huawei Technologies, GE, Rolls-Royce, Arm, Analog Devices, CenturyLink, NXP Semiconductors, Siemens , Bosch , SAP, KONUX, Nexiot AG.
[209 Pages Report] IoT sensors refer to the sensors used in smart applications, which require connectivity, real-time analytics, and common connecting platform for collecting and analyzing data.
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