IoT Apps Fuel Demand For Sensors

Market-analysis firm ResearchMoz claims the global IoT sensor market was estimated at nearly $3,350 million at the end of 2017 and is projected to reach a value of $9,900 million by the end of 2026. It is projected to progress at a CAGR of 12.7% from 2017 to 2026.



Free Newsletter

Like this article? Subscribe to FierceSensors!

The sensors industry is constantly changing as innovation runs the market’s trends. FierceSensors subscribers rely on our suite of newsletters as their must-read source for the latest news, developments and analysis impacting their world. Register today to get sensors news and updates delivered right to your inbox.
  • Sensors are proliferating in different types of end-use industries, resulting in huge growth of the global IoT sensor market
  • Consumer IoT Application Segment to Exhibit the Maximum CAGR
  • North America Region to Dominate the Global IoT Sensor Market in Terms of Value
  • Players operating in the global IoT sensor market include Arm Holdings PLC., Xinapse Systems Ltd., NXP Semiconductors N.V., Texas Instruments Incorporated, Infineon Technologies AG, Sciencesoft USA Corporation, Te Connectivity Ltd., Toshiba Medical Systems Corporation, Robert Bosch GmbH, Mirada Medical Limited, Stmicroelectronics N.V., Analog Devices, Inc., Siemens Healthineers, Broadcom Limited (Avago), and Invensense, Inc.


For more details, request a sample of the IoT sensors Market report.





[email protected]

Suggested Articles

MarketsandMarkets says the low-light imaging market is expected to grow from $10.04 billion in 2019 to $18.36 billion by 2024.

SiC can make medical devices more perceptive, it can make electronics more energy-efficient, and it can help sensors perform in higher temperatures.

Components supplier CTS Corporation has acquired temperature sensor supplier Quality Thermistor, Inc. (QTI), for $75 million in cash.