Qyresearchreports include new market research report “Global IOT Sensors Market Insights, Forecast to 2025” to its huge collection of research reports.
This report presents the worldwide IOT Sensors market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
A smart sensor is a device that takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. IoT platforms function and deliver valorous kind of intelligence and data using a variety of sensors. They serve to collect data, pushing it and sharing it with a whole network of connected devices. All this collected data makes it possible for devices to autonomously function. By combining a set of sensors and a communication network, devices share information with one another and are improving their effectiveness and functionality.
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North America is the largest consumption country of IoT Sensors, with a sales revenue market share nearly 34.95% in 2017.
The second region is Europe, following North America with the sales market share of 34.35% in 2017.
The IOT Sensors market was valued at 9560 Million US$ in 2017 and is projected to reach 47000 Million US$ by 2025, at a CAGR of 22.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for IOT Sensors.
The following manufacturers are covered in this report:
Zhonghang Electronic Measuring Instruments
IOT Sensors Breakdown Data by Type
IOT Sensors Breakdown Data by Application
Smart Home & Wearables
Transportation & Logistics
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IOT Sensors Consumption by Region
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