IoT Sensor Market is Estimated to Reach USD 30.

4 Billion in
2024 At a CAGR of 27.6%

The Global IoT Sensor Market is estimated to reach USD 30.4 billion in 2024 at a CAGR of
27.6%. Rising in performance and effective quality, growing in demand of drones, advancing in
demand for augmented reality & virtual reality, low current consumption & maximum battery
life with fast response are expected to drive the IoT sensor market. However, limited security &
privacy act as a restrain to the market during the forecast period. Increasing use of machine
learning & artificial intelligence, low current consumption and cost-optimized is identified as an
opportunity for IoT sensor market.

IoT refer to a technology which use to communicate, sense and interact with other devices.
Sensors refer to device that detect and measure the response of an elements. IoT sensor is a
machine that is able to identify change in an environment. It is used to measure a the quality of
pressure, temperature or position with an amount of response. Some key players in IoT
sensor TE Connectivity, Texas Instruments Incorporated, Broadcom, NXP Semiconductors,
STMicroelectronics, Bosch Sensortec GmbH, Infineon Technologies AG, Analog Devices, Inc.,
Monnit Corporation and Murata Manufacturing Co., Ltd. among other.

IoT Sensors Market Report Scope

The report on the IoT sensor market covers a deep dive analysis of historic, recent and current
market trends. Furthermore, market share/ranking analysis of key players, market dynamics,
competition landscape, country wise analysis for each region covered and the entire supply
chain dynamics are covered through the below segmentation.

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IoT Sensors Market Segmentation
This market research report offers a comprehensive analysis of key market trends in the global
IoT sensor market. It includes detailed discussion on historical market trends, current market
dynamics, consumer landscape, growth opportunities and challenges backed by factful
feedbacks. On the basis of type, the market is segmented into temperature sensor, traffic
sensor, pressure sensors, proximity sensors, level sensors, accelerometers and others. By
connectivity type the IoT sensor market is segmented into wireless and wired. By application
the market is segmented into automotive, health care, home & building, industrial robots,
aerospace & defense and others.

Companies Covered

 TE Connectivity (Company Description, Company Overview, Product Synopsis, Key

Developments, SWOT Analysis)
 Texas Instruments Incorporated
 Broadcom
 NXP Semiconductors
 STMicroelectronics
 Bosch Sensortec GmbH
 Infineon Technologies AG
 Analog Devices, Inc.
 Monnit Corporation
 Murata Manufacturing Co.,Ltd

IoT Sensors Market Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research
IOT SENSOR Market, by Type

 Temperature Sensor
 Traffic Sensor
 Pressure Sensors
 Proximity Sensors
 Level Sensors
 Accelerometers
 Gyroscope
 Gas Sensors
  Infrared Sensors
 Others

IoT Sensors Market, by Connectivity Type

 Wireless
 Wired

IoT Sensors Market by, Application

 Automotive
 HealthCare
 Home & Building
 Industrial Robots
 Aerospace & Defense
 Others

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IoT Sensors Market by, Region

Asia-Pacific

 China
 Japan
 South Korea
 India
 Taiwan
 Rest of Asia-Pacific
North America

 US
 Canada
 Mexico
Europe

 Germany
  Russia
 France
 Italy
 UK
 Spain
 The Netherlands
 Rest of Europe
Middle East and Africa

 Saudi Arabia
 UAE
 Rest of Middle East & Africa
South America

 Brazil
 Argentina
 Rest of South America

Report Audience

 IoT sensor market providers

 IoT sensor market solution and services suppliers, distributors, and dealers
 End-users of varied segments of IoT sensor market
 Government bodies and intellectual institutions
 Associations and industrial organizations
 Research & consulting service providers
 Research & development organizations
 Investment banks & private equity firms

Key Questions answered by the report

 What are the major developments impacting the IoT sensor market and its growth?
 What will be the effects of the developments in the IoT sensor market on the industry
and on the market players in the near and far future?
 What are the evolving types of the IoT sensor market?
 What are the evolving applications of IoT sensor market?
 What are the major characteristics that will affect the IoT sensor market growth during
the study period?
 Who are the key players operating in the IoT sensor market?
  How are the major players leveraging in the existing market conditions?

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