IoT Sensors Market Size, Demand, Growth, Analysis and Forecast to 2030
IoT Sensors Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the IoT sensors industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected IoT sensors market growth numbers 2021-2030.
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The IoT Sensors Global
Market Report 2020-30 by The Business Research Company provides an in-depth
analysis of the global IoT sensors market and covers both the historic period, 2015
to 2020, and the forecast period, 2020 to 2030. The report evaluates the market
and major economies across the regions Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East, Africa.
The IoT Sensors
Global Market Report 2021 covers IoT sensors market drivers, IoT sensors market
trends, IoT sensors market growth rate, IoT sensors market major players, player-adopted
strategies in the market, and IoT sensors market size.
The global IoT
sensors market is expected to grow from $8.65 billion in 2020 to $9.62 billion
in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly
due to the companies resuming their operations and adapting to the new normal
while recovering from the COVID-19 impact, which had earlier led to restrictive
containment measures involving social distancing, remote working, and the
closure of commercial activities that resulted in operational challenges. The
market is expected to reach $19.54 billion in 2025 at a CAGR of 19%.
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The report covers the IoT sensors market segments-
1) By Product Type: Temperature Sensors, Pressure Sensors, Humidity
Sensors, Flow Sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial
Sensors, Image Sensors, Others
2) By Application: Building Automation, Industrial Application, Automotive
Application, Healthcare Application, Retailing & Logistics Application,
Security Application, Agriculture Application, Other Applications
3) By End-User Industry: Healthcare, Automotive And Transportation,
Manufacturing/ Industrial, Others
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