Worldwide IoT sensors market to surpass $38.8 bn by 2027

The Global IoT Sensors Market size was estimated at USD 9,397.15 million in 2021, USD 11,888.52 million in 2022, and is projected to grow at a CAGR 26.68% to reach USD 38,853.48 million by 2027, according to Research and Markets.

Market Segmentation & Coverage:
This research report categorizes the IoT Sensors to forecast the revenues and analyze the trends in each of the following sub-markets:

• Based on Sensor Type, the market was studied across Accelerometer, Acoustic Sensor, Co2 Sensor, Flow Sensor, Gyroscope, Humidity Sensor, Image Sensor, Inertial Sensor, Magnetometer, Motion Sensor, Occupancy Sensor, Pressure Sensor, Proximity Sensor, Temperature Sensor, and Touch Sensor.
• Based on Network Technology, the market was studied across Wired and Wireless. The Wired is further studied across Digital Addressable Lighting Interface, Ethernet, Knx, Lonworks, and Modbus. The Wireless is further studied across Bluetooth, Nfc, Rfid, Wi-Fi, Z-Wave, and Zigbee.
• Based on Vertical, the market was studied across Commercial IoT, Consumer IoT, and Industrial IoT.
• Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

CT Bureau