IoT Sensors Market - Top Companies and Manufacturers

  • Report ID: 6435
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Companies Dominating the IoT Sensors Landscape

    • STMicroelectronics
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Bosch Sensortec
    • TE Connectivity
    • ABB Ltd
    • Henkel
    • Cisco
    • Honeywell
    • Huawei
    • Qualcomm
    • Intel
    • Siemens AG
    • Infineon Technologies
    • Sensata Technologies
    • Monnit Corp.

Browse Key Market Insights with Data Illustration:

In the News

  • In May 2024, Neonode signed the first license agreement for touch sensor module technology. YesAR will license the Neonode touch sensor module technology to develop cutting edge holographic infotainment solutions for its customers in the elevator and automative sectors.
  • In January 2024, ABB acquired Real Tech to expand its presence with the use of optical sensor technology for the age of smart water. The collaboration is expected to improve real-time water quality monitoring.
  • In March 2023, Siemens launched Connect Box, a smart IoT solution to manage small buildings. Connect Box can streamline management of small and medium-sized buildings and follows a user-friendly approach to monitor building performance.
  • In March 2021, Jal Jeevan Mission in India deployed sensor-based IoT devices to monitor rural drinking water systems. The IoT sensors are expected to solve the challenges in rural water supply management.

Author Credits:  Abhishek Verma


  • Report ID: 6435
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The industry size of the IoT sensors market was valued at USD 27.5 billion in 2024 and is projected to have a 29.3% CAGR during the forecast period, i.e., 2025-2037.

The market size of the IoT sensors sector was estimated at USD 27.5 billion in 2024 and is projected to reach USD 445.6 billion by 2037 registering an impressive double digit CAGR of 29.3% during the forecast period, i.e., 2025-2037.

The major players in the market are STMicroelectronics, Bosch Sensortec, TE Connectivity, ABB Ltd, Henkel, Cisco, Honeywell, Huawei, Qualcomm, Intel, Siemens AG, Infineon Technologies, Sensata Technologies, and others.

The wireless segment is poised to capture the largest revenue share of 83.8% by 2037 owing to rising demands for flexible, seamless, and scalable connectivity solutions.

Asia Pacific is projected to hold the largest revenue share of 43.3% by 2037 owing to rising demands for consumer electronics, large-scale penetration of 5G services, and increasing digitization in various sectors.
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