DUBLIN–(BUSINESS WIRE)–The “IoT Sensors Market based on Network Technology, Type, Application and Geography – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The IoT Sensors Market is estimated to grow at the rate of 28.5% CAGR by 2027 due to the rising automotive industry and the rising adoption of IoT sensors in the automotive industry.

Companies Mentioned

• Analog Devices Inc.
• Honeywell International Inc.
• Infineon Technologies AG
• Texas Instruments Incorporated
• ARM Holdings PLC
• Broadcom Inc.
• NXP Semiconductors N.V.
• Omron Corporation
• Robert Bosch Gmbh
• STMicroelectronics N.V

Internet of things is a web of physical devices, vehicles, and other items integrated with actuators, software, electronics, sensors, and connectivity, which facilitate individuals to connect, collect, and create data, enhancing efficiency and decreasing human efforts. One of the key components used in smart cities in smart grids, smart meters, intelligent traffic management systems, smart parking, among other applications, is IoT sensors.

Few other factors projected to propel further the target market growth are increasing demand for consumer electronics such as smart homes, smart TVs, and smartphones. Further, growing consumer awareness about reasonable consumer electronics in many countries and surging sales of electronic products are other factors anticipated to boost the growth of the global market. Apart from this, the absence of common protocols and communication standards is projected to hamper the market growth.

Globally, due to the swift depletion in the sensor size and increased adoption of microelectromechanical systems (MEMS) technology, sensors are finding applications in automotive, healthcare, and consumer products. This has played a key role in the growth of the complete sensors market. Furthermore, in the past few years, smaller sensors have rapidly been employed in devices such as smartphones, drones, wearables, and robots.

Key Topics Covered:

1. Executive Summary

2. Industry Outlook

3. Market Snapshot

3.1. Market Definition

3.2. Market Outlook

3.2.1. Porter Five Forces

3.3. Related Markets

4. Market characteristics

4.1. Market Overview

4.2. Market Segmentation

4.3. Market Dynamics

4.3.1. Drivers

4.3.2. Restraints

4.3.3. Opportunities

4.4. DRO – Impact Analysis

5. Network Technology: Market Size & Analysis

5.1. Overview

5.2. Wired Network Technology

5.3. Wireless Network Technology

6. Type: Market Size & Analysis

6.1. Overview

6.2. Accelerometers

6.3. Gyroscopes

6.4. Magnetometers

6.5. Pressure sensors

6.6. Temperature sensors

6.7. Light sensors

6.8. Others

7. Application: Market Size & Analysis

7.1. Overview

7.2. Consumer electronics

7.3. Healthcare

7.4. Automotive

7.5. Industrial

7.6. Building automation

7.7. Retail

7.8. Others

8. Geography: Market Size & Analysis

8.1. Overview

8.2. North America

8.3. Europe

8.4. Asia Pacific

8.5. Rest of the World

9. Competitive Landscape

9.1. Competitor Comparison Analysis

9.2. Market Developments

9.2.1. Mergers and Acquisitions, Legal, Awards, Partnerships

9.2.2. Product Launches and execution

10. Vendor Profiles

11. Analyst Opinion

12. Annexure

For more information about this report visit https://www.researchandmarkets.com/r/zhvycv