The global sensors in Internet of Things (IoT) devices market is expected to reach a market size of USD 204.74 Billion at a steady CAGR of 30.8% in 2028, according to latest analysis by Emergen Research. This steady revenue growth of the market can be attributed to increasing Internet and wearable medical device penetration and growing trend of smart factories and automation of various manufacturing processes. Adoption of IoT-enabled sensors and devices to enable more flexible manufacturing processes and to improve productivity has been increasing. Growing need to monitor, control, and improve operational efficiency has also been resulting in growing adoption of sensors in IoT devices in manufacturing and automotive industries. Smart city initiatives in developing countries are also contributing to growing demand for sensors in Internet of Things devices, and the trend is expected to continue during the forecast period. Manufacturing industries are increasingly adopting sensors in IoT devices for employee safety and well-being, profitable process workflows, and improved space utilization. Technological advancement in sensors, field devices, and robots is projected to boost deployment of sensors in a growing range of IoT devices is also expected to support market growth over the forecast period.

The Global Sensors in Internet of Things (IoT) Devices Market research study published by Reports and Data is an extensive collection of insightful information about the Sensors in Internet of Things (IoT) Devices industry. The report covers the Sensors in Internet of Things (IoT) Devices Market segmentation along with a detailed outline of the Sensors in Internet of Things (IoT) Devices market size with regards to volume and valuation. The report provides comprehensive coverage of the Sensors in Internet of Things (IoT) Devices market scenario for the current period and forecast timeline of 2020-2027. The Sensors in Internet of Things (IoT) Devices market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.

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 The leading market contenders listed in the report are:

Acuity Brands, Bosch Sensortec GmbH, Cisco Systems, Ericsson, Google Inc., Honeywell International Inc., HTC Corporation, IBM, Infineon Technologies, and Intel Corporation

Key reasons to buy the Global Sensors in Internet of Things (IoT) Devices Market report:

  1. The latest report comprehensively studies the global Sensors in Internet of Things (IoT) Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Sensors in Internet of Things (IoT) Devices Market

  • Application Outlook (Revenue, USD Billion; 2021–2028)

    • Healthcare
    • Transport
    • Manufacturing
    • Retail
    • Others

  • Sensor Type Outlook (Revenue, USD Billion; 2021–2028)

    • Temperature sensors
    • Pressure sensors
    • Chemical sensors
    • Light sensors
    • Motion sensors
    • Other sensors

  • Network Technology Outlook (Revenue, USD Billion; 2021–2028)

    • Wired
    • Wireless

 

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 Regional Outlook of the Sensors in Internet of Things (IoT) Devices Market

The global Sensors in Internet of Things (IoT) Devices market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Sensors in Internet of Things (IoT) Devices market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Sensors in Internet of Things (IoT) Devices Market report:

  1. The latest report comprehensively studies the global Sensors in Internet of Things (IoT) Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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