+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

IoT Sensors - Global Market Trajectory & Analytics

  • ID: 4805658
  • Report
  • July 2020
  • Region: Global
  • 140 pages
  • Global Industry Analysts, Inc
1 of 3

FEATURED COMPANIES

  • ANALOG DEVICES
  • BOSCH SENSORTEC GMBH
  • GENERAL ELECTRIC COMPANY
  • INFINEON TECHNOLOGIES AG
  • MONNIT CORPORATION
  • MURATA MANUFACTURING
  • MORE
Global IoT Sensors Market to Reach US$45.2 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for IoT Sensors estimated at US$6.9 Billion in the year 2020, is projected to reach a revised size of US$45.2 Billion by 2027, growing at a CAGR of 30.7% over the period 2020-2027.Wired, one of the segments analyzed in the report, is projected to grow at a 24.3% CAGR to reach US$11.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wireless segment is readjusted to a revised 33.6% CAGR for the next 7-year period. This segment currently accounts for a 63.6% share of the global IoT Sensors market.

The U. S. Accounts for Over 30% of Global Market Size in 2020, While China is Forecast to Grow at a 30.1% CAGR for the Period of 2020-2027

The IoT Sensors market in the U. S. is estimated at US$2.1 Billion in the year 2020. The country currently accounts for a 29.96% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$7.9 Billion in the year 2027 trailing a CAGR of 30.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.4% and 26.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 21.9% CAGR while Rest of European market (as defined in the study) will reach US$7.9 Billion by the year 2027.The publisher brings years of research experience to this 7th edition of our report. The 140-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • Analog Devices, Inc.
  • Bosch Sensortec GmbH
  • Broadcom Ltd.
  • General Electric Company
  • Infineon Technologies AG
  • Libelium Comunicaciones Distribuidas S. L.
  • Monnit Corporation
  • Murata Manufacturing Co., Ltd.
  • NXP Semiconductors NV
  • Omron Corporation
  • Sensata Technologies, Inc.
  • Sensirion AG
  • Siemens AB
  • Silicon Laboratories, Inc.
  • SmartThings
  • TDK Corporation
  • TE Connectivity
  • Texas Instruments, Inc.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 3

FEATURED COMPANIES

  • ANALOG DEVICES
  • BOSCH SENSORTEC GMBH
  • GENERAL ELECTRIC COMPANY
  • INFINEON TECHNOLOGIES AG
  • MONNIT CORPORATION
  • MURATA MANUFACTURING
  • MORE

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Competitive Landscape

Global Competitor Market Shares

IoT Sensors Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

Product Overview

Sensors: A Definition

Types of IoT Sensors & Their Applications

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Expanding Ecosystem of IoT Connected Devices, the Cornerstone for Growth of IoT Sensors

Opportunities for the Use of Sensors Explodes in Sync with the Unstoppable Rise of the IoT Industry: Global IoT Spending by Industry Vertical (In US$ Billion) for the Years 2018 & 2020

The Front End of IoT, Sensors Remain Crucial to IoT Functions & Success

Growing Number of Connected Devices Drives Opportunities Across the IoT Technology Stack Including Sensors: Global Number of Active Connected IoT Devices (In Billion) for the Years 2017, 2019, 2021, 2023 & 2025

Costing Over US$250,000 to Build Multi-Level IoT Solutions, Smart Sensors Remain Vital for the Success of IoT Projects: Average IoT Project Cost Breakdown (In %) by Cost Component

Falling Cost of Sensors Catalyze Demand for IoT Sensors

Continuously Falling Cost of IoT Sensors to Spur Proliferation of Internet of Everything: Average Cost of IoT Sensors (In US$) for the Years 2004, 2010, 2016 and 2020

Strong Growth in Smart Homes & Home Automation Bodes Well for the Growth of IoT Sensors

The Robust Smart Home Industry Offers Lucrative Opportunities Across the Entire Spectrum of IoT Technology Stack: Global Smart Home Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024 by Type

The Rise of Smart Cities Opens the Flood Gates of Opportunity for IoT Sensors

It Takes Connected Sensors to Collect IoT Data & Build Smart Cities: Global Smart Cities Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024

Supported by a Bright Future in Healthcare, IoT Wearables Ranks Among the Many Growth Drivers in the Consumer IoT Space

Expanding Base of Wearable Devices Spurs Opportunities for IoT Sensors in Wearables: Global Number of Connected Wearable Devices (In Million) for the Years 2017, 2019 and 2022

Migration to Smart Agriculture Expands the Role of IoT in Agriculture in Enhancing Productivity & Yields

With Sensors Representing the Key Hardware for Building Intelligent IoT Systems, Robust Spending on IoT in Agriculture to Benefit Demand for Smart Agriculture Sensors: Global Smart Agriculture Market (In US$ Billion) for the Years 2018 & 2023

Rising Global Investments in Industry 4.0 Drives Demand for Cost Effective IoT Sensors

The Cultural Shift & Digital Makeover Driving Adoption of Industry 4.0 Opens the Flood Gates of Opportunity for IoT Sensors in Manufacturing: Global Smart Factory Market (In US$ Billion) for the Years 2018 and 2022

As the Backbone of IoT, Developments in Wireless Networking Technologies to Benefit Market Growth

Wireless Networking Technologies, A Primary Factor Influencing the Success of IoT Projects & Thereby Opportunities in the IoT Value Chain: Global Number of IoT Connections (In Million) by Connectivity Type for the Years 2017, 2019 and 2022

Sensor Fusion Makes IoT Sensors Smart

A Critical Step Towards Building Intelligent IoT Systems, IoT Sensor Functionality Moves from Data Acquisition to Data Fusion: Global Sensor Fusion Market (In US$ Billion) for the Years 2017, 2019, 2022

Miniaturization of Sensors: Key to Empowering IoT Applications

Strong Growth in Smart Homes & Home Automation Bodes Well for the Growth of IoT Sensors

Impact of Covid-19 and a Looming Global Recession

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: IoT Sensors Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: IoT Sensors Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Wired (Segment) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Wired (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Wireless (Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Wireless (Segment) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Consumer IoT (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 8: Consumer IoT (End-Use) Market Share Breakdown by Region/Country: 2020 VS 2027
TABLE 9: Commercial IoT (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2020-2027
TABLE 10: Commercial IoT (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Industrial IoT (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 12: Industrial IoT (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US IoT Sensors Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 13: United States IoT Sensors Market Estimates and Projections in US$ Million by Segment: 2020 to 2027
TABLE 14: United States IoT Sensors Market Share Breakdown by Segment: 2020 VS 2027
TABLE 15: United States IoT Sensors Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 16: IoT Sensors Market Share Breakdown in the United States by End-Use: 2020 VS 2027

CANADA

TABLE 17: Canadian IoT Sensors Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 18: IoT Sensors Market in Canada: Percentage Share Breakdown of Sales by Segment for 2020 and 2027
TABLE 19: Canadian IoT Sensors Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 20: Canadian IoT Sensors Market Share Analysis by End-Use: 2020 VS 2027

JAPAN

TABLE 21: Japanese Market for IoT Sensors: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 22: Japanese IoT Sensors Market Share Analysis by Segment: 2020 VS 2027
TABLE 23: Japanese Demand Estimates and Forecasts for IoT Sensors in US$ Million by End-Use: 2020 to 2027
TABLE 24: IoT Sensors Market Share Shift in Japan by End-Use: 2020 VS 2027

CHINA

TABLE 25: Chinese IoT Sensors Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 26: Chinese IoT Sensors Market by Segment: Percentage Breakdown of Sales for 2020 and 2027
TABLE 27: Chinese Demand for IoT Sensors in US$ Million by End-Use: 2020 to 2027
TABLE 28: Chinese IoT Sensors Market Share Breakdown by End-Use: 2020 VS 2027

EUROPE

Market Facts & Figures

European IoT Sensors Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 29: European IoT Sensors Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 30: European IoT Sensors Market Share Shift by Region/Country: 2020 VS 2027
TABLE 31: European IoT Sensors Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 32: European IoT Sensors Market Share Breakdown by Segment: 2020 VS 2027
TABLE 33: European IoT Sensors Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 34: European IoT Sensors Market Share Analysis by End-Use: 2020 VS 2027

FRANCE

TABLE 35: IoT Sensors Market in France by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 36: French IoT Sensors Market Share Analysis by Segment: 2020 VS 2027
TABLE 37: IoT Sensors Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 38: French IoT Sensors Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027

GERMANY

TABLE 39: IoT Sensors Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Segment for the Period 2020-2027
TABLE 40: German IoT Sensors Market Share Breakdown by Segment: 2020 VS 2027
TABLE 41: IoT Sensors Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 42: IoT Sensors Market Share Distribution in Germany by End-Use: 2020 VS 2027

ITALY

TABLE 43: Italian IoT Sensors Market Growth Prospects in US$ Million by Segment for the Period 2020-2027
TABLE 44: Italian IoT Sensors Market by Segment: Percentage Breakdown of Sales for 2020 and 2027
TABLE 45: Italian Demand for IoT Sensors in US$ Million by End-Use: 2020 to 2027
TABLE 46: Italian IoT Sensors Market Share Breakdown by End-Use: 2020 VS 2027

UNITED KINGDOM

TABLE 47: United Kingdom Market for IoT Sensors: Annual Sales Estimates and Projections in US$ Million by Segment for the Period 2020-2027
TABLE 48: United Kingdom IoT Sensors Market Share Analysis by Segment: 2020 VS 2027
TABLE 49: United Kingdom Demand Estimates and Forecasts for IoT Sensors in US$ Million by End-Use: 2020 to 2027
TABLE 50: IoT Sensors Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027

REST OF EUROPE

TABLE 51: Rest of Europe IoT Sensors Market Estimates and Forecasts in US$ Million by Segment: 2020-2027
TABLE 52: Rest of Europe IoT Sensors Market Share Breakdown by Segment: 2020 VS 2027
TABLE 53: Rest of Europe IoT Sensors Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 54: Rest of Europe IoT Sensors Market Share Analysis by End-Use: 2020 VS 2027

ASIA-PACIFIC

TABLE 55: IoT Sensors Market in Asia-Pacific by Segment: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 56: Asia-Pacific IoT Sensors Market Share Analysis by Segment: 2020 VS 2027
TABLE 57: IoT Sensors Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 58: Asia-Pacific IoT Sensors Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027

REST OF WORLD

TABLE 59: Rest of World IoT Sensors Market Estimates and Forecasts in US$ Million by Segment: 2020 to 2027
TABLE 60: IoT Sensors Market in Rest of World: Percentage Share Breakdown of Sales by Segment for 2020 and 2027
TABLE 61: Rest of World IoT Sensors Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 62: Rest of World IoT Sensors Market Share Analysis by End-Use: 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 42

Note: Product cover images may vary from those shown
3 of 3

Loading
LOADING...

4 of 3
  • ANALOG DEVICES
  • BOSCH SENSORTEC GMBH
  • GENERAL ELECTRIC COMPANY
  • INFINEON TECHNOLOGIES AG
  • LIBELIUM COMUNICACIONES DISTRIBUIDAS SL
  • MONNIT CORPORATION
  • MURATA MANUFACTURING
  • NXP SEMICONDUCTORS NV
  • OMRON CORPORATION
  • SENSIRION AG
  • SIE
Note: Product cover images may vary from those shown
Adroll
adroll