Lucintel Forecasts The Global Iot Sensor Market To Reach $23 Billion By 2030

By Author: Lucintel LLC
Total Articles: 6576
Comment this article

According to a market report by Lucintel, the future of the global IoT sensor market looks promising with opportunities in the consumer, commercial, and industrial markets. The global IoT sensor market is expected to reach an estimated $23 billion by 2030 with a CAGR of 27.6% from 2024 to 2030. The major drivers for this market are the significant usage of this sensor in automotive and industrial sector, expansion of smart cities, and emergence of industry 4.0.
A more than 150-page report to understand trends, opportunity and forecast in global IoT sensor market to 2030 by sensor type (humidity sensor, flow sensor, accelerometer, magnetometer, gyroscope, inertial sensor, image sensor, touch sensor, proximity sensor, and others), network technology (wired and wireless), end use (consumer, commerial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that wireless will remain the largest segment over the forecast period due to its rising demand from mobile devices, connected cars, and smart grids.
Within this market, consumer is expected to witness ...
... the highest growth over the forecast period.
Download sample by clicking on IoT sensor market.
North America will remain the largest region over the forecast period due to rapid adoption of IoT technology in various industries and presence of key players in the region.
Texas Instrument, TE Connectivity, Broadcom, NXP Semiconductors, STMicroelectronics are the major suppliers in the IoT sensor 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 helpdesk@lucintel.com. 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: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
Iot Microcontroller Market
Iot Mvno Market
Iot Iam Market
Iot Payments Market
Iot Gateway Market
Iot Sensors Market