IOT Sensor Market 2019-2025
15-Feb-2019 | Number of pages: 175 | Report Id: BMRC SE 108 | Report Format: | Status: Published

IOT Sensor Market By Sensors Type (Pressure Sensor, Temperature Sensor, Proximity Sensor), By Network Technology (Wired Technology, Wireless Technology), By Vertical (Consumer IoT, Commercial IoT, Industrial IoT), Industry Analysis, Trends, and Forecast 2019 – 2025

IOT Sensor Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025.  The cost of IoT sensors is dropping fast is key driving factor for IOT Sensor Market. 

IOT Sensor Market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information about IOT Sensor Market from various aspects. This repost consist of drivers, restrains, Opportunities which help the market to grow over the analysis period and recent trends which supports the growth of market. This repost consist of regional segmentation with sensors type, network technology and vertical.

IOT sensor market consist two important objects virtual and physical. Virtual object is the internet and physical are sensors and actuators, that two objects are related to each other through cloud technology to exchange data and information. In IOT sensor market, various types of sensors are used to collect data from the surrounding environment including sound, pressure, temperature and light. Due to increasing usage of internet, growing adoption of the Internet of Things (IoT) and most of the important technological advancement introduced a new invention of IoT sensors to the market.

The cost of IoT sensors is dropping fast and expansion of Internet connectivity are the key factor of growth of the IoT sensor market. the cost of IoT sensors has been steadily decreasing in since 2004.Between 2004 and 2014, average cost of IoT sensors dropped by more than half, from USD 1.30 to USD 0.60 and price are expected to shrink another 37 percent to USD 0.38 by 2020. Particularly low running cost of an sensors is a key factor that influences buyers to buy IoT sensors. Restraining factors are lack of awareness and poor or no internet connectivity. Additional factor that hampering growth of the internet of things sensors market are security, integrity and privacy of the data. In IoT quantity of data available, belonging not only to consumers such as is the case with World Wide Web, but to citizens in general and groups. People will not use new technology if they not have trust in safeguard of privacy and security this is the hurdle in IoT sensor market. Development of various smart cities will add new opportunities for this market in the coming years.

Key players of the IoT market are Texas Instruments Incorporated., Robert Bosch GmbH, Honeywell International Inc., NXP Semiconductors N.V., Siemens Healthineers, Analog Devices, Inc., TE Connectivity, Infineon Technologies, Sensata Technologies, Smartthings, Inc., Konux Inc.  and others.

IOT Sensor Market Segmentation –

By Sensors Type

  • Pressure Sensor
  • Temperature Sensor
  • Proximity Sensor
  • Others

By Network Technology

  • Wired Technology
  • Wireless Technology

By Vertical

  • Consumer IoT
  • Commercial IoT
  • Industrial IoT

By Region

  • North Am­erica
    • U.S.
    • Canada
  • Europe
    • U.K.
    • France
    • Germany
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
  • Latin America
    • Brazil
    • Mexico
  • Middle East and Africa
    • GCC
    • Africa
    • Rest of Middle East and Africa

IOT Sensor Market Key Players

  • Texas Instruments Incorporated.
  • Robert Bosch GmbH
  • Honeywell International Inc.
  • NXP Semiconductors N.V.
  • Siemens Healthineers
  • Analog Devices, Inc.
  • TE Connectivity
  • Infineon Technologies
  • Sensata Technologies
  • Smartthings, Inc.

  • Texas Instruments Incorporated.
  • Robert Bosch GmbH
  • Honeywell International Inc.
  • NXP Semiconductors N.V.
  • Siemens Healthineers
  • Analog Devices, Inc.
  • TE Connectivity
  • Infineon Technologies
  • Sensata Technologies
  • Smartthings, Inc.
  • Konux Inc.
  • Others

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