(Entertainment-NewsWire.com, July 13, 2018 ) Sensor is an electronic device which is used to detect events or changes in its environment and send the information to other system such as computer processor. Sensors in IoT play an important role for determining the physical quality of objects and compute it into a value which is further read by another device or user.
The major drivers which help in surging the growth of IoT sensor market include its connectivity and analytics to the supply chain along with its lower cost and more advanced capabilities of RFID tags whereas limitation in bandwidth connection may act as a restraining factor for this market. Development of smart cities will add new opportunities for this market in the coming years.
The "Global IoT Sensor Market Analysis to 2025" is a specialized and in-depth study of the IoT sensor industry with a focus on the global market trend. The report aims to provide an overview of global IoT sensor market with detailed market segmentation by type, connectivity type, application and geography. The global IoT sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT sensor market based on type, connectivity type and application. It also provides market size and forecast till 2025 for overall IoT sensor market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key IoT sensor market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are Texas Instruments Incorporated., NXP Semiconductors N.V., Broadcom Limited (Avago), Robert Bosch GmbH, Infineon Technologies AG, Analog Devices, Inc., OMRON Corporation, Sensirion AG, SmartThings Inc. and Honeywell International Inc. among others.
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