Report Highlights
The global market for Internet of Things (IoT) sensors should grow from $14.1 billion in 2018 to $48.0 billion by 2023, at a compound annual growth rate (CAGR) of 27.8% from 2018 to 2023.
Report Includes
- 41 data tables and 15 additional tables
- Country specific data and analysis for China, India, Japan, France, Germany, UK, U.S., Brazil and South Africa
- Characterization and quantification of the market potential for IoT sensors by type, end user industry, and geographical region
- Discussion of technological, regulatory and competitive elements as well as economic trends affecting the future marketplace for IoT sensors
- Assessment of major drivers, restraints, current trends and technological advancements that have a major say in the global IoT sensors market
- Insight into how new technology shaped by new requirements for IoT applications will create new product categories or bring new life through adaptations to existing products
- Company profiles of major players in the industry, including Cooper Instruments & Systems, CTS Corp., Delphi Corp., Emerson Process Management, GE Measurement & Control and Rockwell Automation
Report Scope
The scope of the report includes an overview of the global market for IoT sensors as well as analyses of global market trends, with data from 2016 and 2017, the latter considered the base year, as well as estimates for 2018 to 2023, with projections of CAGR in the forecast period.
The report includes a discussion of technological, regulatory and competitive elements as well as economic trends affecting the market. It also explains the major drivers and regional dynamics of the global IoT sensor market and current trends within the industry.
The report includes discussions of the types of IoT sensors, including pressure sensors, temperature sensors, light sensors, chemical sensors, motion sensors and others. This report also covers the following verticals: home, industrial, automotive, security and emergency, retail logistics, healthcare, agriculture, power and utilities, environment, and water and waste management. The discussion of chemical sensors covers chemical, gas and humidity sensors.
The report concludes with detailed profiles of the major vendors in the global IoT sensor market.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for Internet of Things (IoT) sensors reached $7.3 billion in 2015. This market is expected to increase from nearly $10.6 billion in 2016 to nearly $47.8 billion in 2021 at a compound annual growth rate (CAGR) of 35.0% for 2016-2021.
Report Includes
- An overview of the global markets for sensors for the Internet of Things (IOT), a market which is ideal for manufactures of these products and technologies.
- Analyses of global market trends, with data from 2015 and 2016, and projections of compound annual growth rates (CAGRs) through 2021.
- Isolation of the sensor market opportunity in IOT, separate from network and analytic applications, which should provide unique and valuable insight.
- Insight into how new technology shaped by new requirements for IOT applications will create new product categories or bring new life through adaptations to existing products.
- A look at factors driving the market such as lower power and longer battery life requirements, improved networking capability though embedded antennas and the ability to process or store short bursts or long streams of real time data.
- Coverage of applications including agriculture and farming, environmental impact assessment, home automation, healthcare, industrial controls, logistics, retailing, security and emergency, water and waste management, and utility metering.
- Profiles of major players in the industry.
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