Internet of Things Connectivity Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2030

IoT sensors market size reached USD 15.58 Billion in 2021 and is expected to register a revenue CAGR of 28.3% during the forecast period, according to latest analysis by Emergen Research. Rapid advancement in industrial technologies such as Industry 4.0 and Industrial Internet of Things (IoT) as well as increased implementation of IoT sensors owing to cost-effectiveness and compact design are a few of the key factors driving the market revenue growth. Surging demand for Micro-Electromechanical Systems (MEMS) for better consumer electronics is also contributing to revenue growth of the market.

With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global Internet of Things Connectivity Market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.

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Competitive Terrain:

The global IoT Sensors industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

General Electric, TE Connectivity, NXP Semiconductors, Texas Instruments Incorporated, STMicroelectronics, OMRON Corporation, Siemens, Infineon Technologies AG, Murata Manufacturing Co, and InvenSense (TDK)

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Market Overview:

The report bifurcates the IoT Sensors Market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Sensor Type Outlook (Revenue, USD Billion; 2019-2030)

    • Pressure sensor
    • Temperature sensor
    • Flow sensor
    • Humidity sensor
    • Magnetometer
    • Accelerometer
    • Inertial sensor
    • Gyroscope
    • Touch sensor
    • Image sensor
    • Acoustic sensor
    • Proximity sensor
    • Occupancy sensor
    • Others
  • Network Technology Type Outlook (Revenue, USD Billion; 2019-2030)

    • Wired
      1. Lonworks
      2. KNX
      3. Ethernet
      4. Modbus
      5. Digital Addressable Lighting Interface (DALI)
    • Wireless
      1. Wifi
      2. Zigbee
      3. Bluetooth
      4. Z-wave
      5. NFC
      6. ENOCEAN
      7. RFID
      8. GPS
      9. Others
  • Vertical Outlook (Revenue, USD Billion; 2019-2030)

    • Consumer IoT
      1. Home automation
      2. Smart cities
      3. Wearable electronics
      4. Consumer appliances
    • Commercial IoT
      1. Retail
      2. Aerospace & defense
      3. Financial institutes
      4. Entertainment
      5. Logistics & supply chain
      6. Corporate offices
    • Industrial IoT
      1. Industrial automation
      2. Energy
      3. Transportation
      4. Smart agriculture
      5. Healthcare
  • Regional Outlook (Revenue, USD Billion; 2019–2030)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

more

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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