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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.
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.
Augmented usage of sensors in IoT devices and other applications, growth in internet penetration rate, initiation of Ipv6, the launch of 3 GPP release 13 and release 14 specifications, elevated requirement for connected and wearable devices and significance of real-time computing for IoT applications are the primary growth drivers for IoT sensors market.
Key players in the IoT sensors market are catering the demand by collaborating, and acquiring with small players and investing in technologically advanced products 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.
Source: VynZ Research
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.
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.
Augmented usage of sensors in IoT devices and other applications, growth in internet penetration rate, initiation of Ipv6, the launch of 3 GPP release 13 and release 14 specifications, elevated requirement for connected and wearable devices and significance of real-time computing for IoT applications are the primary growth drivers for IoT sensors market.
Key players in the IoT sensors market are catering the demand by collaborating, and acquiring with small players and investing in technologically advanced products 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.
Source: VynZ Research
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