North America the largest IoT sensors market due to mounting implementation of wireless sensors
Published: 2020-06-10 11:58:33

IoT is the software of devices, buildings, physical objects, and others, that produces trillions of data by connecting various sensors and devices with the Internet via mixed access networks through technologies. The global IoT sensors market is growing at a significant rate, due to augmented usage of sensors in IoT devices and other applications, and growth in internet penetration rate. Different sensor types contributed to the IoT sensors market size. The market has witnessed a high demand for pressure sensors in the coming years due to augmented concerns involving safety, decrease in automobile emissions, and comfort levels.

On the basis of sensor type, the IoT sensors market is subdivided into temperature sensors, magnetometers, proximity sensors, accelerometers, pressure sensors, image sensors, acoustic sensors, humidity sensors, touch sensors, Co2 sensors, motion sensors, inertial sensors, flow sensors, gyroscopes, occupancy sensors, and others. Among all sensor types, the pressure sensors segment accounted for the largest share in the market, due to augmented concerns involving safety, decrease in automobile emissions, and comfort levels.

On the basis of network technology the IoT sensors market is subdivided into wired and wireless. Among both network technologies, the wireless network technologies accounted for a larger share in the market due to the multiplying of mobile devices and speedily mounting implementation of the bring-your-own-device (BYOD). Moreover, the forthcoming 5G cellular wireless technology is expected to deliver more rapid internet connectivity and coverage.



Get Free Report Sample At https://www.vynzresearch.com/semiconductor-electronics/iot-sensors-market/request-sample

On the basis of vertical, the market is subdivided into consumer, industrial, and commercial. Among all verticals, the consumer segment is expected to grow at the fastest rate in the IoT sensors market due to augmented implementation of smart devices in home automation, wearables, and smart cities, and mounting participation of domestic and multinational players to improve the IoT infrastructure. In addition, the industrial segment accounted for the largest share in the market.

Geographically, North America the largest IoT sensors market due to the mounting implementation of wireless sensors. In addition, mounting internet usage in technologically advancing economies and augmented usage of IoT sensor devices in various industries such as healthcare, oil & gas, automotive, consumer electronics, transportation, and retail are some of the factors driving the growth of the North American market.

In addition, Asia-Pacific is observed to witness the highest growth in the market due to mounting disposable income. In addition, mounting penetration of the internet across commercial and residential spaces, and refining IT infrastructure are some of the factors facilitating the growth of the Asia-Pacific market.

Key players in the IoT sensors market are catering to the demand by collaborating, and acquiring with small players and investing in technologically advanced product portfolio across the globe. In April 2018, Sensirion introduced SGPC3, the ultra-lower gas sensor which manages indoor air quality detecting for mobile and battery-driven applications. Texas Instruments, Sensirion, Analog Devices, Te Connectivity, Bosch Sensortec, TDK (Invensense), Broadcom (Avago), STMicroelectronics, and Omron are the key players offering IoT sensors.

Contact Us:

VynZ Research
Call: +91-996-028-8381
Toll-Free (U.S. and Canada): +1-888-253-3960
Email: enquiry@vynzresearch.com
Web: https://www.vynzresearch.com