Global Sensors for the Internet of Things Market is Expected to Reach $87.34 billion by 2023.
Market Research Report on Global Sensors for the Internet of Things Market
RAIPUR, INDIA, November 27, 2017 /EINPresswire.com/ --Report Sellers has added a new market research report “Sensors for the Internet of Things- Global Market Outlook (2017-2023)” to its offerings.
According to Report, the Global Sensors for the Internet of Things Market is accounted for $10.6 billion in 2016 and expected to grow at a CAGR of 35.1% to reach $87.34 billion by 2023. The factors driving the market are lower power and longer battery life requirements; IOT applications will create new product categories, sensor multiplicity and integrated sensor developments, supportive government initiatives, market for smart devices and wearables and need for real-time computing of applications. Increasing number of connected devices and rising adoption of IOT across small and medium businesses has broadened the scope for manufacturers.
On the other hand, concerns regarding security and privacy, and lack of standardization are inhibiting the market growth.The wireless network technology held the largest share in technology market due to the availability of cloud platforms & low installation and maintenance cost compared to wired devices. Consumer electronics represents a major share to the global market due to demand for smartphones, smart TV, and smart home appliances sets. Image Sensor CMOS will grow significantly during the forecast period because CMOS technology is increasingly being used in cameras. Gyroscopes and inertial sensors are witnessing increasing demand mostly due to applications as a navigation aid to calculate the position, orientation and velocity of vehicles such as ships, aircraft and drones.
Asia Pacific is expected to grow at the highest rate during the forecast period because Governments of the various developing economies such China, India, and South Korea are collaborating with numerous public and private centers for its data and IoT center developments. North America followed by Europe is projected to be the largest market. Some of the key players in global Sensors for the Internet of Things market are Digi International Inc, Libelium, InvenSense Inc, Ericsson, ARM Holdings Plc, Honeywell International Inc., IBM, STMicroelectronics N.V, Robert Bosch GmbH, Infineon Technologies, Broadcom Limited (Avago), Analog Devices, Inc., Omron Corporation, Sensirion AG and Texas Instruments Incorporated.
Browse through the complete description and in-depth TOC on “Sensors for the Internet of Things Market”
https://www.reportsellers.com/market-research-report/Sensors-for-the-Internet-of-Things---Global-Market-Outlook
What does the Report Offers
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Report Scope
Global Sensors for the Internet of Things Market has been segmented by sensors types covered, technologies covered, application covered, solutions covered and regions covered
Sensors Types Covered:
Accelerometer
Acoustic Sensor
Chemical Sensors
Mass Flow Sensor
Gyroscope
Humidity Sensor
Image Sensor CMOS
Inertial Sensor
Magnetometer
Pressure Sensor
Proximity Sensor
Temperature Sensor Touch Sensor
CO2 Sensor
Motion Sensor
Occupancy Sensor
Intelligent Occupancy Sensors (IOS)
Image Processing Occupancy Sensors (IPOS)
Other Sensors
Radar Sensor
Light Sensor
Technologies Covered:
Wireless Network Technology
Bluetooth
Wi-Fi
Zigbee
Z-Wave
NFC
RFID
Enocean
Thread
6lowpan
Process Field Bus (Profibus)
Dect-Ule
Wireless-Hart (Whart)
Wired Network Technology
Digital Addressable Lighting Interface (DALI)
Ethernet
Modbus
Knx
Lonworks
Other Technologies
GPS
Cellular
Sub-Gig
ISA 100
ANT+
Applications Covered:
Agriculture And Farming
Automotive
Environmental Impact Assessment
Home Automation
Healthcare
Industrial Controls
Logistics and Retailing
Security and Emergency
Water and Waste Management
Utility Metering
Smart City Application
Wearable Electronics Application
Transportation
Consumer Electronics
Corporate Offices
Entertainment
Other Applications
Solutions Covered:
Software
Application Security
Data Management
Location Analytics
Network Bandwidth Management
Network Security
Real-Time Streaming Analytics
Remote Monitoring System
Hardware
Consumer Appliances
Consumer Devices
Energy Management
Fire Protection Systems
Heating Ventilation and Air-Conditioning Systems (HVAC)
Lighting Control Systems
Security & Access Control Systems
Wearable Devices
Eyewear
Footwear
Bodywear
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
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