IOT Sensors Market to 2027 by Type (Temperature Sensor, Light Sensor, Pressure Sensor, Chemical Sensor, Motion Sensor, and Others); Connectivity Type (Wired and Wireless); and Application (Consumer Electronics, Building Automation, Healthcare, Automotive, Industrial, Retail, and Others)
The IOT sensor market is highly fragmented with presence of significant number of players in each countries coupled with multiple players with small or regional presence. Geographically, the market is dominated by North America owing to huge demand from various industries in the region. The APAC region is anticipated to be the fastest growing during the forecast period globally, due to the enormous demand for Chinese, Korean and Japanese market.
