The global IoT sensors 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 sensors market. However, limited security & privacy act as a restrain to the market during the forecast period.
IoT Sensors Market Report Synopsis
This market research report offers a comprehensive analysis of key market trends in the global IoT sensors 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 sensors 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.
The report on the IoT sensors 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.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
Base Year for Market Calculation |
2018 |
Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
Measured Units |
Value (USD Million) Volume(Units) |
Segments Included |
Type, Connectivity Type, Application |
Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
*Provided for top 10 companies. Subject to availability in public domain.
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