IoT Sensors Detail Industrial and Market studies - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
"IoT
Sensors Market (By Type - Accelerometers, Gyroscopes, Magnetometers,
Pressure Sensors, Temperature Sensors, Light Sensors, Others, By
Application - Consumer Electronics, Healthcare, Automotive,
Industrial, Building Automation, Retail and Others) - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
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.
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
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