Key Findings
The global IoT sensors market is predicted to grow with 24.93% CAGR during the forecast period 2019-2027. The Internet of things (IoT) is a concept that refers to the idea of everyday physical objects being connected to the internet and being able to identify themselves to other devices. Each device represents themselves digitally and can connect not only to the users but also the surrounding objects and can communicate intelligently.
Sensors are the prime constituent of the IoT and are its foremost hardware that carries out the critical work of monitoring procedures, quantifying the measurements and data collection.
Market Insights
It has been observed that increasing internet penetration, reinforcing industrial applications of IoT sensors, the cost reduction and fast adoption of smart devices, leading to the growing demand for these wearables and connected smart devices, are proliferating the global IoT sensors market.
Moreover, concerns about reliability and data security and interoperability of sensors, are affecting the IoT sensor market. Implementation of government initiatives that reinforces IoT usage can facilitate market growth. The market has been segmented by sensor type and by the application.
Regional Insights
The global IoT sensor market envelops North American region, European region, Asia Pacific region and the rest of the world that includes Latin America and the Middle East and African region.
As of now, the North American region has the largest share of the IoT sensor market and is expected to remain on the top for the duration of the forecasted period. The United States has been valued the highest. Factors like increasing adoption of cloud storage and reduction in the cost price of wireless devices are further driving the IoT sensor market.
Competitive Insights
The major market players of the global IoT sensors market are Texas Instruments, Broadcom Inc., NXP Semiconductors, STMicroelectronics, Bosch Sensortec, TDK InvenSense, Infineon Technologies, Analog Devices, Omron Adept Technologies, TE Connectivity and ORIMtec.
Global IOT Sensors Market Forecast 2019-2027
Table of Contents
1. Research Scope
1.1. Study Goals
1.2. Scope of The Market Study
1.3. Who Will Find This Report Useful?
1.4. Study And Forecasting Years
2. Research Methodology
2.1. Sources of Data
2.1.1. Secondary Data
2.1.2. Primary Data
2.2. Top-Down Approach
2.3. Bottom-Up Approach
2.4. Data Triangulation
3. Executive Summary
3.1. Market Summary
3.2. Key Findings
3.2.1. Level Iot Sensors Is Projected To Grow At A Significant Cagr
3.2.2. Industrial Use of Iot Sensors Is The Fastest Growing Application
4. Market Dynamics
4.1. Market Definition & Scope
4.2. Market Drivers
4.2.1. Growing Demand For Wearables And Connected Devices
4.2.2. Increasing Internet Penetration
4.2.3. High Adoption Rate Across Industries
4.2.4. Reduction In Cost
4.2.5. Fast Adoption of Smart Devices
4.3. Market Restraints
4.3.1. Concerns Regarding Reliability And Data Security
4.4. Market Opportunities
4.4.1. Adoption of Iot By Small And Medium-Sized Businesses
4.4.2. Increasing Implementation of Iot For Predictive Maintenance
4.4.3. Government Initiatives And Funding For Iot Projects
4.5. Market Challenges
4.5.1. Interoperability of Sensors
4.5.2. Bandwidth Limitation
4.5.3. Low Battery Life
5. Market By Sensor Type
5.1. Temperature Iot Sensors
5.2. Flow Iot Sensors
5.3. Level Iot Sensors
5.4. Pressure Iot Sensors
5.5. Position Iot Sensors
5.6. Other Iot Sensors
6. Market By Application
6.1. Building Automation
6.1.1. Home Automation
6.1.2. Utility Metering
6.1.3. Water & Waste Management
6.2. Industrial Application
6.3. Automotive Application
6.4. Healthcare Application
6.5. Retailing & Logistics Application
6.6. Security Application
6.7. Agriculture Application
6.8. Other Applications
7. Key Analytics
7.1. Porter's Five Force Model
7.1.1. Threat of New Entrants
7.1.2. Threat of Substitute
7.1.3. Bargaining Power of Suppliers
7.1.4. Bargaining Power of Buyers
7.1.5. Threat of Competitive Rivalry
7.2. Opportunity Matrix
7.3. Vendor Landscape
8. Geographical Analysis
8.1. North America
8.1.1. United States
8.1.2. Canada
8.2. Europe
8.2.1. United Kingdom
8.2.2. France
8.2.3. Germany
8.2.4. Spain
8.2.5. Italy
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Asia Pacific
8.3.1. China
8.3.2. India
8.3.3. Japan
8.3.4. South Korea
8.3.5. Australia
8.3.6. Rest of Asia Pacific (Roapac)
8.4. Rest of World
8.4.1. Latin America
8.4.2. Middle East And Africa
9. Competitive Landscape
9.1. Company Profile
9.1.1. Texas Instruments
9.1.2. Broadcom Inc.
9.1.3. Nxp Semiconductors
9.1.4. Stmicroelectronics
9.1.5. Bosch Sensortec
9.1.6. Tdk Invensense
9.1.7. Infineon Technologies
9.1.8. Analog Devices
9.1.9. Omron Adept Technologies
9.1.10. Te Connectivity
List of Tables
Table 1 Global Iot Sensors Market, By Geography, 2019-2027, (In $ Million)
Table 2 Global Iot Sensors Market, By Sensor Type, 2019-2027, (In $ Million)
Table 3 Global Temperature Iot Sensors Market, By Region, 2019-2027, (In $ Million)
Table 4 Global Flow Iot Sensors Market, By Region, 2019-2027, (In $ Million)
Table 5 Global Level Iot Sensors Market, By Region, 2019-2027, (In $ Million)
Table 6 Global Pressure Iot Sensors Market, By Region, 2019-2027, (In $ Million)
Table 7 Global Position Iot Sensors Market, By Region, 2019-2027, (In $ Million)
Table 8 Global Other Iot Sensors Market, By Region, 2019-2027, (In $ Million)
Table 9 Global Iot Sensors Market, By Application, 2019-2027, (In $ Million)
Table 10 Global Building Automation Market, By Region, 2019-2027, (In $ Million)
Table 11 Global Iot Sensors Market, By Building Automation, 2019-2027, (In $ Million)
Table 12 Global Industrial Application Market, By Region, 2019-2027, (In $ Million)
Table 13 Global Automotive Application Market, By Region, 2019-2027, (In $ Million)
Table 14 Global Healthcare Application Market, By Region, 2019-2027, (In $ Million)
Table 15 Global Retailing & Logistics Application Market, By Region, 2019-2027, (In $ Million)
Table 16 Global Security Application Market, By Region, 2019-2027, (In $ Million)
Table 17 Global Agriculture Application Market, By Region, 2019-2027, (In $ Million)
Table 18 Global Other Applications Market, By Region, 2019-2027, (In $ Million)
Table 19 Opportunity Matrix
Table 20 Vendor Landscape
Table 21 Global Iot Sensors Market, By Geography, 2019-2027, (In $ Million)
Table 22 North America Iot Sensors Market, By Country, 2019-2027 (In $ Million)
Table 23 Europe Iot Sensors Market, By Country, 2019-2027 (In $ Million)
Table 24 Asia Pacific Iot Sensors Market, By Country, 2019-2027 (In $ Million)
Table 25 Rest of World Iot Sensors Market, By Regions, 2019-2027 (In $ Million)
List of Figures
Figure 1 Global Iot Sensors Market Share, By Application 2018 & 2027 (%)
Figure 2 Level Iot Sensors Market, 2019 - 2027 (In $ Million)
Figure 3 Industrial Application For Iot Sensors Market, 2019 - 2027 (In $ Million)
Figure 4 Porter's Five Force Model
Figure 5 Global Iot Sensors Market, Regional Outlook, 2018 & 2027, (%)
Figure 6 United States Iot Sensors Market, 2019-2027 (In $ Million)
Figure 7 Canada Iot Sensors Market, 2019-2027 (In $ Million
Figure 8 United Kingdom Iot Sensors Market, 2019-2027 (In $ Million)
Figure 9 France Iot Sensors Market, 2019-2027 (In $ Million)
Figure 10 Germany Iot Sensors Market, 2019-2027 (In $ Million)
Figure 11 Spain Iot Sensors Market, 2019-2027 (In $ Million)
Figure 12 Italy Iot Sensors Market, 2019-2027 (In $ Million)
Figure 13 Russia Iot Sensors Market, 2019-2027 (In $ Million)
Figure 14 Rest of Europe Iot Sensors Market, 2019-2027 (In $ Million)
Figure 15 China Iot Sensors Market, 2019-2027 (In $ Million)
Figure 16 India Iot Sensors Market, 2019-2027 (In $ Million)
Figure 17 Japan Iot Sensors Market, 2019-2027 (In $ Million)
Figure 18 South Korea Iot Sensors Market, 2019-2027 (In $ Million)
Figure 19 Australia Iot Sensors Market, 2019-2027 (In $ Million)
Figure 20 Rest of Apac Iot Sensors Market, 2019-2027 (In $ Million)
Figure 21 Latin America Iot Sensors Market, 2019-2027 (In $ Million)
Figure 22 Middle East And Africa Iot Sensors Market, 2019-2027 (In $ Million)
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