Internet Of Things (IoT) Sensors Market 2025-2029
The internet of things (IoT) sensors market is forecasted to grow by USD 90232.5 mn during 2024-2029, accelerating at a CAGR of 43.5% during the forecast period. The report on the internet of things (IoT) sensors market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for smart factories and iiot, increasing demand for wireless sensors by process industries, and large-scale benefits of using iot devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's internet of things (IoT) sensors market is segmented as below:
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