Lucintel Forecasts the Global IoT Sensors Market to Reach $65.0 billion by 2030
Lucintel Forecasts the Global IoT Sensors Market to Reach $65.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global IoT sensors market looks promising with opportunities in the consumer, commercial and industrial markets. The global IoT sensors market is expected to reach an estimated $65.0 billion by 2030 from $15.1 billion in 2024, at a CAGR of 27.6% from 2024 to 2030. The major drivers for this market are growing usage of sensors in internet of things applications as a result of size and cost decrease and technological advancements, introduction of the standards for 3GPP Releases 13 and 14., and demand for wearable and connected devices is growing.
A more than 150-page report to understand trends, opportunity and forecast in IoT sensors market to 2030 by sensor type (temperature sensors, pressure sensors, humidity sensors, flow sensors, accelerometers, magnetometers, gyroscopes, inertial sensors, image sensors, touch sensors, proximity sensors, acoustic sensors, motion sensors, occupancy sensors, co2 sensors and light sensors, and radar sensors), technology (Wired, Wireless, ZIGBEE, Z-WAVE, NFC, RFID, and ENOCEAN), end use industry (consumer, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecast that pressure sensor is expected to witness the highest growth over the forecast period.
Within this market, consumer will remain the largest segment due to.
APAC is expected to witness the highest growth over the forecast period.
Download sample by clicking on IoT sensors market
Analog Devices, Bosch Sensortec, Broadcom, General Electric Company, Infineon Technologies, Libelium Comunicaciones Distribuidas, Monnit Corporation, Murata Manufacturing, NXP Semiconductors, Omron Corporation are the major suppliers in the IoT sensors market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
Explore Our Latest Publications
Insurance Fraud Detection Market
Pet Insurance Market
Premium Metal Payment Card Market
Reactive Hot Melt Adhesive Market
Asset Management Market
Blue Biotechnology Market