Internet of Things (IoT) Sensors Market by End-user, Type and Geography - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 189 SKU: IRTNTR71820

The Global Internet of Things (IoT) sensors market size is estimated to grow by USD  27,356.45 million between 2022 and 2027 at a CAGR of 28.81%. The growth of the market depends on several factors, including growing demand for smart factories and IIoT, increasing demand for wireless sensors by process industries, and large-scale benefits of using IoT devices.

This report extensively covers market segmentation by end-user (consumer electronics, automotive, food and beverages, healthcare, and others), type (temperature sensor, pressure sensor, humidity sensor, flow sensor, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the IoT Sensors Market During the Forecast Period?

Get Exclusive Sample Copy of this Report

IoT Sensors Market Dynamics: Drivers, Trends, and Challenges

Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key IoT Sensors Market Driver

The increasing demand for smart factories and IIoT is a key factor driving the growth of the Internet of Things sensors market. The need for smart factories has increased around the world in the past few years. This trend is expected to continue during the forecast period with the emergence of  IIoT, which integrates smart machines, warehouses, industrial robots, and entire manufacturing plants to achieve business objectives and key performance indicators (KPIs).

A variety of IoT sensors placed in factories collect and relay real-time information to enable relevant ground-based decisions and assist operators. Among other things, sensor information can also guide robots and machines in performing production and assembly processes and handling toxic chemicals, ensuring the safety of the human workforce. It also protects the machine from damage. Therefore, when IIoT is integrated into the factory, the factory becomes a connected and synchronized entity. Manufacturing companies in countries such as China and Germany are already adopting IoT sensors to ensure better communication and precise coordination between organizations.

Significant IoT Sensors Market Trends

High demand for real-time data monitoring for predictive analytics is a major trend driving the growth of the Internet of Things sensors market. Industries around the world are using big data to improve process efficiency. In the past, disconnected devices prevented real-time data collection, making it difficult to gather insights from devices. With the help of IoT-connected smart devices, operators can access any data in the factory. Predictive analytics help during maintenance as companies can plan maintenance based on predictive analytics. By collecting real-time data, vendors can understand the condition of plant equipment based on the actual condition. This allows us to predict equipment failure before it occurs and avoid unnecessary downtime.

End users are evolving through technological advancements and the use of machine learning, IoT, and artificial intelligence. By using digitized unstructured and structured data collected through IoT-enabled industrial wearables, end-users can predict future events in functional areas such as operations, marketing, finance, human resources, and manufacturing. Such advantages are driving the adoption of IoT sensors across the manufacturing industry and are expected to drive the growth of the global IoT sensors market during the forecast period.

Major IoT Sensors Market Challenge

Challenges to offering high quality at low cost may hamper the Internet of Things (IoT) sensors market growth.  Engineers and system developers are constantly researching products with improved properties to expand their portfolio. As the industrial automation market gains momentum, it becomes increasingly important for industrial sensor vendors to provide easily customizable and affordable industrial sensors. A major factor that makes industrial sensors expensive is the customization companies require of their end users to enable accurate and reliable delivery. The cost of sensors is decreasing year by year, especially due to the availability of off-the-shelf sensor variants that are widely used in industrial automation systems and equipment.

However, sensors customized for specific industrial process control applications will be more expensive during the forecast period due to their relative technological sophistication. Sensors for automating industrial applications use careful construction, hand wiring, and expensive components. Such factors will hamper the demand for IoT sensors during the forecast period.

IoT Sensors Market Segmentation by End-User, Type, Geography

End-User Analysis

The market share growth by the consumer electronics segment will be significant during the forecast period. IoT sensors are widely used in the consumer electronics industry. The consumer electronics industry is expanding significantly due to increased demand for wearable technology and smart home gadgets.

Get a glance at the market contribution of various segments View PDF Sample

The consumer electronics segment was valued at USD 955.89 million in 2017 and continued to grow until 2021Consumer electronics producers are now including IoT sensors in their products to enhance functionality and boost customer responsiveness as a result of the growth of the IoT. Smartphones, smartwatches, and fitness trackers are a few of the well-known consumer electronics items that use IoT sensors.  The adoption of IoT sensors in consumer electronics paves the way for the creation of smart homes, where appliances are interconnected and can be operated virtually via a mobile application.

Type Analysis

The temperature sensor is a device used to measure the temperature using an electrical signal. It requires a thermocouple or resistance temperature detector(RTD). It is the most common and most popular sensor. Any failure to monitor temperature may have a catastrophic impact on an industrial facility. Temperature sensors are used in monitoring air temperature, liquid temperature, and other process material temperatures. These sensors provide highly accurate and repeatable results while requiring no compensation circuitry and calibration. Also, the recent development of temperature sensors is fueling the growth of this segment. For instance, Swift Sensor launched its secure wireless vaccine storage unit monitoring and alert system for medical facilities and pharmacies to monitor COVID-19 vaccine storage temperatures. Hence, the demand for temperature sensors in the healthcare industry will drive the growth of the market during the forecast period.

Geography Analysis

For more insights on the market share of various regions View PDF Sample now!

North America is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The expansion of mobile communication infrastructure and the adoption of cloud computing is driving the North American market. There is a new trend toward IoT investment, integration, and partnerships between organizations to gain a competitive advantage. The energy and utilities sector is expected to be one of the major contributors in North America due to the increase in smart meter installations during the forecast period. The US has become the leading country in the market due to increase partnerships between carriers, device manufacturers, and platform providers.

In 2020, the COVID-19 pandemic severely impacted the North American IoT sensor market. IoT technology has played a key role in helping authorities prevent the spread of COVID-19 and treat those infected. Lockdowns related to COVID-19 have forced many industries to close their manufacturing sectors. There is a huge demand for IoT technology in the healthcare industry. IoT technology has helped track the spread of disease and control it in real time. However, in 2021, the number of COVID-19 cases decreased as a large-scale vaccination campaign was launched in the region. The adoption of IoT sensors will drive the growth of the regional market in the region during the forecast period.

Who are the Major IoT Sensors Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

TE Connectivity Ltd. The company offers smart bug small wireless multi-sensor module which provides accurate and remote monitoring via both Bluetooth and wifi to provide autonomous SD card data logging capability for IoT applications with large data volumes.

Robert Bosch GmbH. The company offers BMI 323 inertial measurement unit which can be used in applications related to notebooks and tablets, toys and gadgets, game controllers, and smart remote controls.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • AMS OSRAM AG
  • Analog Devices Inc.
  • Broadcom Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Innovative Sensor Technology IST AG
  • International Business Machines Corp.
  • Knowles Corp.
  • Libelium Comunicaciones Distribuidas SL
  • Monnit Corp.
  • NXP Semiconductors NV
  • OMRON Corp.
  • SENSATA TECHNOLOGIES HOLDING PLC
  • Siemens AG

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Key IoT Sensors Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global IoT Sensors Market Customer Landscape

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-user Outlook (USD Million, 2017 - 2027)
    • Consumer Electronics
    • Automotive
    • Food and beverages
    • Healthcare
    • Others
  • Type Outlook (USD Million, 2017 - 2027)
    • Temperature sensor
    • Pressure sensor
    • Humidity sensor
    • Flow sensor
    • Others
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina
      • Chile

IoT Sensors Market Scope

Report Coverage

Details

Page number

189

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 28.81%

Market growth 2023-2027

USD 27,356.45 million

Market structure

Fragmented

YoY growth 2022-2023(%)

26.8

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 40%

Key countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ams OSRAM AG, Analog Devices Inc., Broadcom Inc., Emerson Electric Co., Honeywell International Inc., Infineon Technologies AG, Innovative Sensor Technology IST AG, International Business Machines Corp., Knowles Corp., Libelium Comunicaciones Distribuidas SL, Monnit Corp., NXP Semiconductors NV, OMRON Corp., Robert Bosch GmbH, SENSATA TECHNOLOGIES HOLDING PLC, Siemens AG, STMicroelectronics NV, TE Connectivity Ltd., Texas Instruments Inc., and TDK Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

To get detailed analysis Buy Now Full Report PDF 

What are the Key Data Covered in this IoT Sensors Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the IoT sensors market between 2023 and 2027
  • Precise estimation of the size of the IoT sensors market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of IoT sensors market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global IoT sensors market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global IoT sensors market 2017 - 2021 ($ million)
    • 4.2 End-User Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-User Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Consumer electronics - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Consumer electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Consumer electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Consumer electronics - Year-over-year growth 2022-2027 (%)
    • 6.4 Automotive - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.5 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 6.6 Healthcare - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Temperature sensor - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Temperature sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Temperature sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Temperature sensor - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Temperature sensor - Year-over-year growth 2022-2027 (%)
    • 7.4 Pressure sensor - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Pressure sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Pressure sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Pressure sensor - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Pressure sensor - Year-over-year growth 2022-2027 (%)
    • 7.5 Humidity sensor - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Humidity sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Humidity sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Humidity sensor - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Humidity sensor - Year-over-year growth 2022-2027 (%)
    • 7.6 Flow sensor - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Flow sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Flow sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Flow sensor - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Flow sensor - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 76: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by Type
      • Exhibit 80: Market opportunity by Type ($ million)
      • Exhibit 81: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 82: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 83: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 84: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 85: Chart on Geographic comparison
      • Exhibit 86: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 95: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 103: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 107: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 111: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 123: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 124: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 125: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 126: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 127: Market opportunity by geography ($ million)
      • Exhibit 128: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 129: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 131: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 132: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 133: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 134: Matrix on vendor position and classification
            • 12.3 Analog Devices Inc.
              • Exhibit 135: Analog Devices Inc. - Overview
              • Exhibit 136: Analog Devices Inc. - Business segments
              • Exhibit 137: Analog Devices Inc. - Key news
              • Exhibit 138: Analog Devices Inc. - Key offerings
              • Exhibit 139: Analog Devices Inc. - Segment focus
            • 12.4 Broadcom Inc.
              • Exhibit 140: Broadcom Inc. - Overview
              • Exhibit 141: Broadcom Inc. - Business segments
              • Exhibit 142: Broadcom Inc. - Key news
              • Exhibit 143: Broadcom Inc. - Key offerings
              • Exhibit 144: Broadcom Inc. - Segment focus
            • 12.5 Honeywell International Inc.
              • Exhibit 145: Honeywell International Inc. - Overview
              • Exhibit 146: Honeywell International Inc. - Business segments
              • Exhibit 147: Honeywell International Inc. - Key news
              • Exhibit 148: Honeywell International Inc. - Key offerings
              • Exhibit 149: Honeywell International Inc. - Segment focus
            • 12.6 Infineon Technologies AG
              • Exhibit 150: Infineon Technologies AG - Overview
              • Exhibit 151: Infineon Technologies AG - Business segments
              • Exhibit 152: Infineon Technologies AG - Key news
              • Exhibit 153: Infineon Technologies AG - Key offerings
              • Exhibit 154: Infineon Technologies AG - Segment focus
            • 12.7 Innovative Sensor Technology IST AG
              • Exhibit 155: Innovative Sensor Technology IST AG - Overview
              • Exhibit 156: Innovative Sensor Technology IST AG - Product / Service
              • Exhibit 157: Innovative Sensor Technology IST AG - Key offerings
            • 12.8 International Business Machines Corp.
              • Exhibit 158: International Business Machines Corp. - Overview
              • Exhibit 159: International Business Machines Corp. - Business segments
              • Exhibit 160: International Business Machines Corp. - Key offerings
              • Exhibit 161: International Business Machines Corp. - Segment focus
            • 12.9 Libelium Comunicaciones Distribuidas SL
              • Exhibit 162: Libelium Comunicaciones Distribuidas SL - Overview
              • Exhibit 163: Libelium Comunicaciones Distribuidas SL - Product / Service
              • Exhibit 164: Libelium Comunicaciones Distribuidas SL - Key offerings
            • 12.10 NXP Semiconductors NV
              • Exhibit 165: NXP Semiconductors NV - Overview
              • Exhibit 166: NXP Semiconductors NV - Product / Service
              • Exhibit 167: NXP Semiconductors NV - Key news
              • Exhibit 168: NXP Semiconductors NV - Key offerings
            • 12.11 Robert Bosch GmbH
              • Exhibit 169: Robert Bosch GmbH - Overview
              • Exhibit 170: Robert Bosch GmbH - Business segments
              • Exhibit 171: Robert Bosch GmbH - Key news
              • Exhibit 172: Robert Bosch GmbH - Key offerings
              • Exhibit 173: Robert Bosch GmbH - Segment focus
            • 12.12 SENSATA TECHNOLOGIES HOLDING PLC
              • Exhibit 174: SENSATA TECHNOLOGIES HOLDING PLC - Overview
              • Exhibit 175: SENSATA TECHNOLOGIES HOLDING PLC - Business segments
              • Exhibit 176: SENSATA TECHNOLOGIES HOLDING PLC - Key news
              • Exhibit 177: SENSATA TECHNOLOGIES HOLDING PLC - Key offerings
              • Exhibit 178: SENSATA TECHNOLOGIES HOLDING PLC - Segment focus
            • 12.13 Siemens AG
              • Exhibit 179: Siemens AG - Overview
              • Exhibit 180: Siemens AG - Business segments
              • Exhibit 181: Siemens AG - Key news
              • Exhibit 182: Siemens AG - Key offerings
              • Exhibit 183: Siemens AG - Segment focus
            • 12.14 STMicroelectronics NV
              • Exhibit 184: STMicroelectronics NV - Overview
              • Exhibit 185: STMicroelectronics NV - Business segments
              • Exhibit 186: STMicroelectronics NV - Key news
              • Exhibit 187: STMicroelectronics NV - Key offerings
              • Exhibit 188: STMicroelectronics NV - Segment focus
            • 12.15 TDK Corp.
              • Exhibit 189: TDK Corp. - Overview
              • Exhibit 190: TDK Corp. - Business segments
              • Exhibit 191: TDK Corp. - Key news
              • Exhibit 192: TDK Corp. - Key offerings
              • Exhibit 193: TDK Corp. - Segment focus
            • 12.16 TE Connectivity Ltd.
              • Exhibit 194: TE Connectivity Ltd. - Overview
              • Exhibit 195: TE Connectivity Ltd. - Business segments
              • Exhibit 196: TE Connectivity Ltd. - Key offerings
              • Exhibit 197: TE Connectivity Ltd. - Segment focus
            • 12.17 Texas Instruments Inc.
              • Exhibit 198: Texas Instruments Inc. - Overview
              • Exhibit 199: Texas Instruments Inc. - Business segments
              • Exhibit 200: Texas Instruments Inc. - Key news
              • Exhibit 201: Texas Instruments Inc. - Key offerings
              • Exhibit 202: Texas Instruments Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 203: Inclusions checklist
                • Exhibit 204: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 205: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 206: Research methodology
                • Exhibit 207: Validation techniques employed for market sizing
                • Exhibit 208: Information sources
              • 13.5 List of abbreviations
                • Exhibit 209: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              iot sensors market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis