TMCnet News
IoT Sensors Market by Type, Network Technology, Vertical, and Region - Global Forecast to 2022LONDON, Aug. 25, 2016 /PRNewswire/ -- The IoT sensors market is expected to grow from USD 3.34 billion in 2015 to USD 38.41 billion by 2022, at a CAGR of 42.08% between 2016 and 2022. The growth of this market is propelled by the development of cheaper, smarter, and smaller sensors, growing market for smart devices and wearables, need for real-time computing of applications, and increase in demand for IoT sensors in various applications. The market is further driven by the supportive government initiatives, deployment of IPv6, and role of sensor fusion concept in IoT sensors market. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry people. Breakup of profile of primary participants has been given below: - By Company Type: Tier 1 – 43%, Tier 2 – 31%, and Tier 3 – 26% - By Designation: C-Level Executives – 38%, Directors – 34%, and Others – 28% - By Region: North Americas – 37%, Europe – 28%, APAC – 23%, and RoW – 12% The key market players profiled in the report are: - Texas Instruments Incorporated (U.S.) - STMicroelectronics N.V. (Switzerland) - TE Connectivity, Inc. (Switzerland) - NXP Semiconductors N.V. (The Netherlands) - Broadcom Limited (U.S.) - Robert Bosch GmbH (Germany) - InvenSense, Inc. (U.S.) - Infineon Technologies (Germany) - ARM Holdings Plc. (U.K.) - Omron Corporation (Japan) - Sensirion AG (Switzerland) - Analog Devices, Inc. (U.S.) - SmartThings, Inc. (U.S.) - KONUX Inc. (Germany) Reasons to Buy This Report: From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends); market ranking analysis of top players; value chain analysis, and company profiles which comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the IoT sensors market; high-growth regions; and market drivers, restraints, challenges, and opportunities. The report provides insights on the following pointers: - Market penetration: Comprehensive information on IoT sensors offered by the top players in the overall IoT sensors market - Product development/innovation: Detailed insights regarding R&D activities, emerging technologies, and new product launches in the IoT sensors market - Market development: Comprehensive information about lucrative emerging markets—the report analyzes the markets for IoT sensors across regions - Market diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the overall IoT sensors market - Competitive assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the IoT sensors market Download the full report: https://www.reportbuyer.com/product/4082883/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/iot-sensors-market-by-type-network-technology-vertical-and-region---global-forecast-to-2022-300318582.html SOURCE ReportBuyer |