Global Sensors in Internet of Things (IoT) Market 2017-2023 – Market is anticipated to grow with a CAGR of 35% – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Global
Sensors in Internet of Things (IoT) Market Research Report Insights,
Opportunity Analysis, Market Shares and Forecast, 2017 – 2023”

report has been added to ResearchAndMarkets.com’s
offering.

Global sensors in the internet of things market is anticipated to grow
with a CAGR of 35% in the forecast period 2016-2023.

There are numerous factors which help to strengthening the sensors in
the internet of things market during the forecast period such as
increasing demand of smartphones, rising internet connectivity devices,
low cost of sensors and increasing IOT investments.

Moreover, the increasing development of smart cities and the adoption of
advanced technology in the medical sector is providing future
opportunity for the market. Apart from this, there are several factors
which are hindering the overall sensors in internet of things market
such as privacy & security concern and strict regulations for spectrum
allocation.

Acuity Brands Inc., ARM Holdings, Bosch Sensortec, Cisco Systems,
Ericsson, Google Inc., Honeywell International Inc., HTC Corporation,
International Business Machines Corporation, Infineon Technologies,
Intel Corporation, Invensense Inc., Microsoft Corporation, NXP
Semiconductors NV, Qualcomm Inc. are some of the major companies of
global sensors in internet of things market.

Market Determinants

Market Drivers

  • Rising Adoption of Smart Phones
  • Rising Internet Connectivity Devices
  • Low Cost of Sensors
  • Increasing IoT Investment

Market Restraints

  • Privacy And Security Concern
  • Strict Regulations for Spectrum Allocation

Market Opportunities

  • Increasing Development of Smart City
  • Adoption of Advance Technology in Medical Industry

Market Challenges

  • Lack of Interoperability And Data Management
  • Lack of Iot Technology Skills

Companies Mentioned

  • Acuity Brands Inc
  • Arm Holdings
  • Bosch Sensortec
  • Cisco Systems
  • Ericsson
  • Google Inc.
  • Honeywell International Inc
  • HTC Corporation
  • Infineon Technologies
  • Intel Corporation
  • International Business Machines Corporation
  • Invensense Inc
  • Microsoft Corporation
  • Nxp Semiconductors Nv
  • Qualcomm Inc

For more information about this report visit https://www.researchandmarkets.com/research/kcpv2l/global_sensors_in?w=4

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Related
Topics: Internet
of Things and M2M