IoT Sensors

Global Market Trajectory & Analytics

MCP12854

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76
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46
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DATE

APR 2021

TABLES

68

PAGES

144

EDITION

7

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USD 4950

CODE

MCP12854


COMPETITIVE METRICS

COMPANY

D S N T

% *

ActivIndex Corporation

Actworks Company Limited

AFS Agro Flow System GmbH

AKUA

AllBlock

Analog Devices, Inc.

AnalogueSmith

Anonybox

Aquadation LLC

AquaRealTime

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HIGHLIGHTS & REPORT INDEX

Global IoT Sensors Market to Reach $35.1 Billion by 2026

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$35.1 Billion by 2026, growing at a CAGR of 30.7% over the analysis period. Wired, one of the segments analyzed in the report, is projected to record a 24.3% CAGR and reach US$11.6 Billion by the end of the analysis period. After a thorough 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.

The U.S. Market is Estimated at $2.8 Billion in 2021, While China is Forecast to Reach $6.2 Billion by 2026

The IoT Sensors market in the U.S. is estimated at US$2.8 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.2 Billion by the year 2026 trailing a CAGR of 30.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.4% and 26.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 21.9% CAGR.

SELECT PLAYERS

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.

SEGMENTS

» End-Use (Consumer IoT, Commercial IoT, Industrial IoT) » Segment (Wired, Wireless)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Product Overview
Sensors: A Definition
Types of IoT Sensors & Their Applications
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Influencer Market Insights
World Market Trajectories
Expanding Ecosystem of IoT Connected Devices, the Cornerstone for Growth of IoT Sensors
TABLE: 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
TABLE: 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
TABLE: Costing Over US$250,000 to Build Multi-Level IoT Solutions, Smart Sensors Remain Vital for the Success of IoT Projects: Average IoT Project Cost Breakdown (In %) by Cost Component
Falling Cost of Sensors Catalyze Demand for IoT Sensors
TABLE: Continuously Falling Cost of IoT Sensors to Spur Proliferation of Internet of Everything: Average Cost of IoT Sensors (In US$) for the Years 2004, 2010, 2016 and 2020
Strong Growth in Smart Homes & Home Automation Bodes Well for the Growth of IoT Sensors
TABLE: 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
TABLE: 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
TABLE: 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
TABLE: 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
TABLE: 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
TABLE: 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
TABLE: 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
World Current & Future Analysis for IoT Sensors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for IoT Sensors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
World Current & Future Analysis for Wired by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Wired by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Wireless by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Wireless by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Consumer IoT by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Consumer IoT by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Commercial IoT by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Commercial IoT by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Industrial IoT by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Industrial IoT by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
UNITED STATES
USA Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
USA Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
CANADA
Canada Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Canada Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
JAPAN
Japan Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Japan Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
CHINA
China Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
China Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
EUROPE
Europe Current & Future Analysis for IoT Sensors by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for IoT Sensors by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
Europe Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Europe Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
FRANCE
France Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
France Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
GERMANY
Germany Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Germany Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
ITALY
Italy Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Italy Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
UK Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Rest of Europe Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Asia-Pacific Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for IoT Sensors by Segment - Wired and Wireless - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for IoT Sensors by Segment - Percentage Breakdown of Value Sales for Wired and Wireless for the Years 2020 & 2027
Rest of World Current & Future Analysis for IoT Sensors by End-Use - Consumer IoT, Commercial IoT and Industrial IoT - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for IoT Sensors by End-Use - Percentage Breakdown of Value Sales for Consumer IoT, Commercial IoT and Industrial IoT for the Years 2020 & 2027
Total Companies Profiled: 46

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