Enjoy complimentary customisation on priority with our Enterprise License!
The Internet of Things sensors market size is estimated to grow by USD 63.08 billion, at a CAGR of 41.29% between 2023 and 2028. The growing demand for smart factories and the Industrial Internet of Things (IIoT) is driving significant growth in the market for wireless sensors. Process industries, in particular, are recognizing the large-scale benefits of integrating IoT devices into their operations. By leveraging real-time data from wireless sensors, these industries can optimize production processes, reduce downtime, and improve overall efficiency. IoT devices offer key advantages such as remote monitoring, predictive maintenance, and real-time analytics, making them essential tools for modern manufacturing. The increasing adoption of these technologies is transforming the industrial landscape and setting the stage for a new era of connected and automated production.
_sensors_market_segments_abstract_2024_size_v1.jpg.webp?v4.1.20)
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.