Los Angeles, CA -- (SBWIRE) -- 12/21/2018 -- This report presents the worldwide IOT Sensors market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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A smart sensor is a device that takes input from the physical environment and uses built-in compute resources to perform predefined functions upon detection of specific input and then process data before passing it on. IoT platforms function and deliver valorous kind of intelligence and data using a variety of sensors. They serve to collect data, pushing it and sharing it with a whole network of connected devices. All this collected data makes it possible for devices to autonomously function. By combining a set of sensors and a communication network, devices share information with one another and are improving their effectiveness and functionality.
North America is the largest consumption country of IoT Sensors, with a sales revenue market share nearly 34.95% in 2017.
The second region is Europe, following North America with the sales market share of 34.35% in 2017.
The IOT Sensors market was valued at 9560 Million US$ in 2017 and is projected to reach 47000 Million US$ by 2025, at a CAGR of 22.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for IOT Sensors.
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The following manufacturers are covered in this report:
Zhonghang Electronic Measuring Instruments
IOT Sensors Breakdown Data by Type
IOT Sensors Breakdown Data by Application
Smart Home & Wearables
Transportation & Logistics
IOT Sensors Production by Region
IOT Sensors Consumption by Region
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America, Brazil, Rest of South America, Middle East & Africa, GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global IOT Sensors status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key IOT Sensors manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of IOT Sensors :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of IOT Sensors market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.