Global IoT Sensor Market Outlook to 2022 – a $7.8 Million Opportunity, by Key Players Invensense, Infineon Technologies, Analog Devices, ARM Holdings, Omron, Sensirion, S – Press Release – Digital Journal
Pune, India — (SBWIRE) — 02/08/2019 — This market research report gives a deeper idea of the Global IoT Sensor Market. It sheds light on the growth of the market in recent years, growth in the past few years, and the opportunities available to manufacturers in the future. Various methods and tools are used in this research to meet primary and secondary details. Also, detailed plans are developed to better understand the market of investments made by institutions, government, non-government organizations, and institutions.
There are many industries that IOT sensors are deployed to facilitate data gathering. IoT sensors, actuators, and tags in the physical world, thus, providing an opportunity for businesses to gather insights from the integrated fabric of devices, data, people and processes. In this report, the global IoT Sensor market is valued at USD 7.8 million in 2016 and is expected to reach USD 26.5 million by the end of 2022, growing at a CAGR of +22% between 2016 and 2022.