April 19, 2024
ICT

IoT Sensors Market Size to Rake USD 312.22 Billion by 2033

The IoT sensors market size is poised to grow by USD 312.22 billion by 2033 from USD 26.14 billion in 2023, exhibiting a CAGR of 28.15% during the forecast period 2024-2033.

IoT Sensors Market Size 2024 to 2033

Key Points

  • Asia Pacific dominated the global IoT sensors market in 2023.
  • North America hosts one of the fastest-growing marketplace for the upcoming years.
  • By sensor type, the pressure sensors segment dominated the market in 2023.
  • By sensor type, the inertial sensors segment is expected to capture a significant share of the market over the forecast period.
  • By network type, the wired segment held the largest share of the market in 2023, under the segment, the ethernet subsegment is observed to capture a promising share in upcoming years.
  • By network type, the wireless technology segment is expected to expand rapidly during the forecast period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the IoT sensors market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the IoT sensors Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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IoT Sensors Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 28.15%
Global Market Size in 2023 USD 26.14 Billion
Global Market Size by 2033 USD 312.22 Billion
Largest Market Asia Pacific
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Sensor Type, By Network Technology, and By Vertical
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: US Ultraviolet Disinfection Equipment Market Size, Growth, Report By 2033

The empirical study on the global IoT sensors market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the IoT sensors Market. Our market report for the IoT sensors market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

IoT Sensors Market Companies

  • AMS OSRAM AG
  • Analog Devices Inc.
  • Broadcom Inc.
  • Emerson Electric Co.
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Innovative Sensor Technology IST AG
  • International Business Machines Corp.
  • Knowles Corp.
  • Libelium Comunicaciones Distribuidas SL
  • Monnit Corp.
  • NXP Semiconductors NV
  • OMRON Corp.
  • SENSATA TECHNOLOGIES HOLDING PLC
  • Siemens AG

Data Sources and Methodology

To gather comprehensive insights on the Global IoT sensors Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global IoT sensors Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the IoT sensors market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2024 to 2033.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Sensor Type

  • Magnetometer
  • Gyroscope
  • Inertial Sensor
  • Image Sensor
  • Touch Sensor
  • Temperature Sensor
  • Pressure Sensor
  • Humidity Sensor
  • Flow Sensor
  • Accelerometer
  • Others

By Network Technology

  • ZIGBEE
  • Z-WAVE
  • NFC
  • RFID
  • Wired
  • KNX
  • LonWorks
  • Ethernet
  • MODBUS
  • DALI
  • Wireless
  • Bluetooth Smart
  • Wi-Fi
  • Bluetooth Smart
  • Bluetooth Smart / Ant+
  • Bluetooth 5
  • Others

By Vertical

  • Industrial
  • Consumer
  • Commercial
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global IoT sensors market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global IoT sensors market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global IoT sensors market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global IoT sensors market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on IoT Sensors Market 

5.1. COVID-19 Landscape: IoT Sensors Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global IoT Sensors Market, By Sensor Type

8.1. IoT Sensors Market Revenue and Volume, by Sensor Type, 2024-2033

8.1.1 Magnetometer

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Gyroscope

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Inertial Sensor

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

8.1.4. Image Sensor

8.1.4.1. Market Revenue and Volume Forecast (2021-2033)

8.1.5. Touch Sensor

8.1.5.1. Market Revenue and Volume Forecast (2021-2033)

8.1.6. Temperature Sensor

8.1.6.1. Market Revenue and Volume Forecast (2021-2033)

8.1.7. Pressure Sensor

8.1.7.1. Market Revenue and Volume Forecast (2021-2033)

8.1.8. Humidity Sensor

8.1.8.1. Market Revenue and Volume Forecast (2021-2033)

8.1.9. Flow Sensor

8.1.9.1. Market Revenue and Volume Forecast (2021-2033)

8.1.10. Accelerometer

8.1.10.1. Market Revenue and Volume Forecast (2021-2033)

8.1.11. Others

8.1.11.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global IoT Sensors Market, By Network Technology

9.1. IoT Sensors Market Revenue and Volume, by Network Technology, 2024-2033

9.1.1. ZIGBEE

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Z-WAVE

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. NFC

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. RFID

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Wired

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. KNX

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

9.1.7. LonWorks

9.1.7.1. Market Revenue and Volume Forecast (2021-2033)

9.1.8. Ethernet

9.1.8.1. Market Revenue and Volume Forecast (2021-2033)

9.1.9. MODBUS

9.1.9.1. Market Revenue and Volume Forecast (2021-2033)

9.1.10. DALI

9.1.10.1. Market Revenue and Volume Forecast (2021-2033)

9.1.11. Wireless

9.1.11.1. Market Revenue and Volume Forecast (2021-2033)

9.1.12. Bluetooth Smart

9.1.12.1. Market Revenue and Volume Forecast (2021-2033)

9.1.13. Wi-Fi

9.1.13.1. Market Revenue and Volume Forecast (2021-2033)

9.1.14. Bluetooth Smart

9.1.14.1. Market Revenue and Volume Forecast (2021-2033)

9.1.15. Bluetooth Smart / Ant+

9.1.15.1. Market Revenue and Volume Forecast (2021-2033)

9.1.16. Bluetooth 5

9.1.16.1. Market Revenue and Volume Forecast (2021-2033)

9.1.17. Others

9.1.17.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global IoT Sensors Market, By Vertical 

10.1. IoT Sensors Market Revenue and Volume, by Vertical, 2024-2033

10.1.1. Industrial

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Consumer

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Commercial

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Others

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global IoT Sensors Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Sensor Type (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Network Technology (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by Vertical (2021-2033)

Chapter 12. Company Profiles

12.1. AMS OSRAM AG

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Analog Devices Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Broadcom Inc.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Emerson Electric Co.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Honeywell International Inc.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Infineon Technologies AG

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Innovative Sensor Technology IST AG

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. International Business Machines Corp.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Knowles Corp.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Libelium Comunicaciones Distribuidas SL

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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