(PharmaNewsWire.Com, August 29, 2017 ) Internet of Things (IoT) is an emerging technology which is on the path of rapid developmental growth. Automobiles, goods & services, sensors, consumer durables and industry & utility components among others are now aligned with the internet and data analytic capabilities which is transforming the way people work, live and think. By 2025, it is being projected that more than 100 billion of Internet of Things (IoT) connected devices will be installed which will generate a revenue of close to $10 trillion.
Sensors market in Internet of Things (IoT) connected devices is showing a dynamic growth rate in the forecast period. The main reasons or factors that drive the magnificent growth in this market are: price, capability and size. As the price of sensors is showing a constant decline, their demand has been extensively increasing in all the major verticals including healthcare, transportation, retail and manufacturing among others. Over the years, well known market players are showing their interest in sensors market in Internet of Things (IoT) connected devices. Players like Google, IBM, Samsung, HTC, Qualcomm, and Bosch among others are investing a large extent in Internet of Things (IoT) sensors market in order to innovate their products as well as to capture the major market share. However, even with such enormous growth, Internet of Things (IoT) sensor market is facing a lot of challenges which are as follows: trust & privacy issues, resorting to lower standards due to cut throat competition and security concerns among others.
The U.S. generated the maximum amount of revenue in the year 2015 in the global IoT sensors industry as compared to other countries, whereas India is expected to have the maximum potential to grow in the forecast period. The U.S has always been on the forefront of the world map when it comes to technological advancement. While profiling major companies it has been found out that most of the renowned companies are US based, giving significant impetus to the growth of this market in the US as well as the whole of North America.
The report is a compilation of different segments of global IoT sensors market including a market breakdown by types, application and different geographical locations. The revenue generated from IoT sensors in the market has been tracked to calculate the market size. Under this component, its application areas contributing in shaping the overall market have also been explained. The report also discusses in detail about the key participants involved in the industry. The report answers the following questions about the global IoT sensors market: -What are different types of sensors in Internet of Things (IoT) devices?-What are the different application areas of global sensors in Internet of Things (IoT) devices market?-What are the different factors driving the global sensors in Internet of Things (IoT) devices market forward in the forecast period?-What are the factors challenging the growth of global sensors in Internet of Things (IoT) devices market?-Who are the leading players in the global sensors in Internet of Things (IoT) devices market?-What kind of new strategies are being adopted by the existing market players to make a stronger mark in the industry?-Which region will be the leader in global sensors in Internet of Things (IoT) devices market by the end of forecast period?
Table of Contents Executive Summary 17 1 Report Scope and Methodology 24 1.1 Scope of the Report 24 1.2 Assumptions and Limitations 25 1.3 Global Sensors Market in Internet of Things (IoT) devices: Research Methodology 25 1.4 Primary Research 26 1.5 Secondary Research 27 1.6 Data Triangulation 28 1.6.1 Report Methodology 29 1.6.2 Stakeholders 31 1.6.3 Influencing Factors 31 2 Market Dynamics 33 2.1 Introduction 33 2.2 Market Drivers 34 2.2.1 Expanded Internet Connectivity 34 2.2.2 Extensive Smartphone Adoption 34 2.2.3 Low Cost Sensors 36 2.2.4 Large Internet of Things (IoT) Investments 37 2.3 Market Restraints 39 2.3.1 Security Concerns 39 2.3.2 Trust & Privacy 39 2.3.3 Complex process 39 2.3.4 Lowering Standards 39 2.4 Opportunities in the Market 40 2.4.1 Increasing Development of Smart Cites 40 2.4.2 Technological Advancement in Medical Industry 40 3 Competitive Insights 41 3.1 Key Market Developments & Strategies 41 3.1.1 New Product Launches, Developments 41 3.1.2 Partnerships, Joint Ventures, Collaborations and Contracts 47 3.1.3 Business Expansions and Certifications 53 3.1.4 Mergers & Acquisitions 54 3.1.5 Others 57 3.2 R&D Analysis of Leading Players in Sensors Market in Internet of Things (IoT) devices 59 3.3 Analysis of Leading Players in Sensors Market in Internet of Things (IoT) Devices 61 3.4 Industry Attractiveness 62 4 Global Sensors in Internet of Things (IoT) devices Market Size & Forecast by Sensors Type 64 4.1 Assumptions for Market Estimation 64 4.2 Introduction 65 4.2.1 Pressure Sensors 68 4.2.2 Pressure Sensors used in different Applications 69 4.2.3 Temperature Sensors 70 4.2.4 Temperature Sensors used in different Applications 71 4.2.5 Light Sensors 73 4.2.6 Light Sensors used in different Applications 74 4.2.7 Chemical Sensors 76 4.2.8 Chemical Sensors used in different Applications 77 4.2.9 Motion Sensors 79 4.2.10 Motion Sensors used in different Applications 80 4.2.11 Other Sensors 82 4.2.12 Other Sensors used in different Applications 83 5 Global Internet of Things (IoT) Sensors Market, By Applications 85 5.1 Global Sensors Market in Internet of Things (IoT) Devices, By Application 85 5.1.1 Introduction 85 5.1.2 Business/Manufacturing 87 5.1.3 Healthcare 88 5.1.4 Retail 90 5.1.5 Transport 91 5.1.6 Others 92 6 Global Internet of Things (IoT) Sensors Market, By Geography 94 6.1 Introduction 94 6.2 Developed Economies Internet of Things (IoT) Sensors Market 95 6.2.1 US 96 6.2.2 Germany 96 6.2.3 Italy 98 6.2.4 UK 99 6.2.5 Japan 100 6.2.6 France 101 6.2.7 Spain 101 6.2.8 Canada 102 6.2.9 Other developed countries 103 6.3 Developing Economies Internet of Things (IoT) Sensors Market 106 6.3.1 China 106 6.3.2 India 107 6.3.3 Middle East & Africa 108 6.3.4 South Korea 110 6.3.5 Other Developing Countries 110
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