The global sensors in Internet of Things (IoT) devices market is expected to reach a market size of USD 204.74 Billion at a steady CAGR of 30.8% in 2028, according to latest analysis by Emergen Research. The Sensors in Internet of Things (IoT) Devices Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Sensors in Internet of Things (IoT) Devices market. This steady revenue growth of the market can be attributed to increasing Internet and wearable medical device penetration and growing trend of smart factories and automation of various manufacturing processes. Adoption of IoT-enabled sensors and devices to enable more flexible manufacturing processes and to improve productivity has been increasing.

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The current COVID-19 pandemic is expected to have an effect on the growth of the Sensors in Internet of Things (IoT) Devices industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Sensors in Internet of Things (IoT) Devices market. The report provides a thorough estimation of the overall impact of the pandemic on the Sensors in Internet of Things (IoT) Devices market and its vital segments.

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Emergen Research has segmented the global sensors in Internet of Things (IoT) devices market on the basis of application, sensor type, network technology :

• Application Outlook (Revenue, USD Billion; 2021–2028)
  • Manufacturing
  • Retail
  • Others
• Sensor Type Outlook (Revenue, USD Billion; 2021–2028)
  • Motion sensors
  • Other sensors
• Network Technology Outlook (Revenue, USD Billion; 2021–2028)
  • Wired
  • Wireless

The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Sensors in Internet of Things (IoT) Devices market. Key players in the market include Acuity Brands, Bosch Sensortec GmbH, Cisco Systems, Ericsson, Google Inc., Honeywell International Inc., HTC Corporation, IBM, Infineon Technologies, and Intel Corporation.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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