Table of Content


1 INTRODUCTION 32
1.1 STUDY OBJECTIVES 32
1.2 DEFINITION 32
1.2.1 INCLUSIONS AND EXCLUSIONS 33
1.3 STUDY SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 MARKET SEGMENTATION 34
1.3.2 GEOGRAPHIC SCOPE 35
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY 36
1.5 LIMITATIONS 36
1.6 STAKEHOLDERS 36
1.7 SUMMARY OF CHANGES 36

2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 2 IOT SENSORS MARKET: RESEARCH DESIGN 39
2.1.1 SECONDARY AND PRIMARY RESEARCH 40
2.1.1.1 Key industry insights 41
2.1.2 SECONDARY DATA 41
2.1.2.1 List of key secondary sources 41
2.1.2.2 Key data from secondary sources 42
2.1.3 PRIMARY DATA 42
2.1.3.1 Breakdown of primaries 42
2.1.3.2 Key data from primary sources 43
2.2 MARKET SIZE ESTIMATION 44
2.2.1 BOTTOM-UP APPROACH 44
2.2.1.1 Approach for obtaining market size using bottom-up analysis (demand side) 44
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 45
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1?BOTTOM-UP (DEMAND SIDE) – DEMAND FOR DIFFERENT TYPES OF IOT SENSORS 45
2.2.2 TOP-DOWN APPROACH 46
2.2.2.1 Approach for obtaining market size using top-down analysis (supply side) 46
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 46
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)?REVENUES GENERATED FROM SALES OF IOT SENSOR-RELATED PRODUCTS 47
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2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 48
FIGURE 7 DATA TRIANGULATION 48
2.4 RESEARCH ASSUMPTIONS AND LIMITATIONS 49
2.4.1 ASSUMPTIONS 49
2.4.2 LIMITATIONS 50

3 EXECUTIVE SUMMARY 51
FIGURE 8 PRE- AND POST-COVID-19 IMPACT ANALYSIS FOR IOT SENSORS MARKET 52
TABLE 1 PRE- AND POST-COVID-19 IMPACT ANALYSIS FOR IOT SENSORS MARKET, 2017–2026 (USD MILLION) 52
FIGURE 9 IOT SENSORS MARKET SIZE, 2021–2026 (USD MILLION AND MILLION UNITS) 53
FIGURE 10 INDUSTRIAL IOT SEGMENT TO HOLD LARGEST SHARE OF IOT SENSORS MARKET IN 2026 53
FIGURE 11 PRESSURE SENSOR SEGMENT TO ACCOUNT FOR LARGEST SIZE OF IOT SENSORS MARKET FROM 2021 TO 2026 54
FIGURE 12 WIRELESS NETWORK TECHNOLOGY SEGMENT TO LEAD IOT SENSORS MARKET FROM 2021 TO 2026 55
FIGURE 13 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE OF IOT SENSORS MARKET IN 2020 55

4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE OPPORTUNITIES IN IOT SENSORS MARKET 57
FIGURE 14 IOT SENSORS MARKET TO GROW AT SIGNIFICANT RATE FROM 2021 TO 2026 57
4.2 IOT SENSORS MARKET, BY SENSOR TYPE 58
FIGURE 15 PRESSURE SENSOR SEGMENT TO HOLD LARGEST SIZE OF IOT SENSORS MARKET FROM 2021 TO 2026 58
4.3 IOT SENSORS MARKET, BY NETWORK TECHNOLOGY 59
FIGURE 16 WIRELESS SEGMENT TO LEAD IOT SENSORS MARKET FROM 2021 TO 2026 59
4.4 IOT SENSORS MARKET, BY VERTICAL 59
FIGURE 17 INDUSTRIAL IOT SEGMENT TO ACCOUNT FOR LARGEST SHARE OF IOT SENSORS MARKET IN 2026 59
4.5 IOT SENSORS MARKET IN NORTH AMERICA, BY COUNTRY AND SENSOR TYPE 60
FIGURE 18 PRESSURE SENSOR SEGMENT AND US HELD LARGEST SHARES OF IOT SENSORS MARKET IN NORTH AMERICA IN 2020 60
4.6 IOT SENSORS MARKET, BY REGION 61
FIGURE 19 NORTH AMERICA HELD LARGEST SHARE OF IOT SENSORS MARKET IN 2020 61

5 MARKET OVERVIEW 62
5.1 INTRODUCTION 62
5.2 MARKET DYNAMICS 63
FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: IOT SENSORS MARKET 63
5.2.1 DRIVERS 64
FIGURE 21 DRIVERS FOR IOT SENSORS MARKET AND THEIR IMPACT 64
5.2.1.1 Increased use of sensors in IoT applications due to cost and size reduction, and technological advancements 65
5.2.1.2 Introduction of 3GPP Release 13 and Release 14 specifications 65
5.2.1.3 Growth in Internet penetration rate 65
FIGURE 22 INTERNET USERS TILL SEPTEMBER 2020, BY REGION 66
FIGURE 23 INTERNET PENETRATION RATE TILL SEPTEMBER 2020, BY REGION 66
5.2.1.4 High demand for connected and wearables devices 67
5.2.1.5 Introduction of IPv6 creating large address space 67
FIGURE 24 WORLDWIDE ADOPTION OF IPV6 (2020) 68
5.2.1.6 Importance of real-time computing for IoT applications 68
5.2.2 RESTRAINTS 69
FIGURE 25 RESTRAINTS FOR IOT SENSORS MARKET AND THEIR IMPACT 69
5.2.2.1 Data security concerns 69
5.2.3 OPPORTUNITIES 70
FIGURE 26 OPPORTUNITIES FOR IOT SENSORS MARKET AND THEIR IMPACT 70
5.2.3.1 Supportive government initiatives and funds for IoT projects 70
TABLE 2 GOVERNMENT FUNDING PLANS FOR INTERNET OF THINGS 71
5.2.3.2 Benefits of implementation of predictive maintenance programs for IoT applications 71
5.2.3.3 Emergence of requirements of cross-domain collaborations 72
5.2.3.4 High adoption of IoT by small- and medium-sized businesses 72
5.2.4 CHALLENGES 73
FIGURE 27 CHALLENGES FOR IOT SENSORS MARKET AND THEIR IMPACT 73
5.2.4.1 Social distancing and supply chain disruptions due to COVID-19 restricted growth of market in first half of 2020 74
5.2.4.2 Lack of common protocols and communication standards 74
5.2.4.3 Shortage of technical know-how for using IoT devices 74
5.2.4.4 High power consumption by connected devices 75
5.2.4.5 High latency and limited bandwidth issues 75
5.3 TARIFFS AND REGULATIONS 76
TABLE 3 MFN TARIFFS FOR GAS OR SMOKE ANALYSIS APPARATUS EXPORTED BY US 76
TABLE 4 MFN TARIFFS FOR GAS OR SMOKE ANALYSIS APPARATUS IMPORTS BY CHINA 77
5.3.1 NEGATIVE IMPACT OF TARIFFS ON IOT SENSOR MARKET 77
5.3.2 POSITIVE IMPACT OF TARIFFS ON IOT SENSOR MARKET 77
5.3.3 REGULATIONS RELATED TO SENSORS 78
5.4 AVERAGE SELLING PRICE ANALYSIS 79
FIGURE 28 AVERAGE SELLING PRICE OF IOT SENSORS, 2017–2019 79
FIGURE 29 AVERAGE SELLING PRICE OF IOT SENSORS, BY SENSOR TYPE, 2018 AND 2019 (USD MILLION) 80
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5.5 CASE STUDIES 81
5.5.1 MONITORING HVAC SYSTEMS 81
5.5.2 CONTROLLING WATER QUALITY IN FISH FARMS 81
5.5.3 MONITORING WATER QUALITY PARAMETERS IN IRRIGATION DAM 81
5.5.4 USING HUMAN CONDITION SAFETY SENSORS TO MINIMIZE JOB SITE RISKS 82
5.5.5 MANAGING COWS AND HERDS 82
5.5.6 CARRYING OUT SMART CONSTRUCTION USING IOT SENSORS 82
5.5.7 MONITORING TEMPERATURE AND HUMIDITY IN DATA CENTERS 82
5.6 PORTER’S FIVE FORCES ANALYSIS 82
TABLE 5 IOT SENSORS MARKET: PORTER’S FIVE FORCES ANALYSIS (2020) 83
5.6.1 THREAT OF NEW ENTRANTS 83
5.6.2 THREAT OF SUBSTITUTES 83
5.6.3 BARGAINING POWER OF SUPPLIERS 83
5.6.4 BARGAINING POWER OF BUYERS 84
5.6.5 INTENSITY OF COMPETITIVE RIVALRY 84

6 INDUSTRY TRENDS 85
6.1 INTRODUCTION 85
6.2 VALUE CHAIN ANALYSIS 85
FIGURE 30 VALUE CHAIN ANALYSIS: IOT SENSORS MARKET 85
6.2.1 CORE INDUSTRY SEGMENTS 86
6.2.1.1 Chip designers 86
6.2.1.2 Component manufacturers 86
6.2.1.3 Technology providers 86
6.2.1.4 Integrators 86
6.2.1.5 End-use applications 86
6.3 KEY INDUSTRY TRENDS IN IOT SENSORS MARKET 87
FIGURE 31 INNOVATIVE PRODUCT OFFERINGS BY KEY PLAYERS 87
6.4 PATENT ANALYSIS 88
TABLE 6 IMPORTANT INNOVATIONS AND PATENTS REGISTRATION 88
6.5 ECOSYSTEM/MARKET MAP 90
FIGURE 32 IOT SENSORS ECOSYSTEM 90
TABLE 7 SUPPLY CHAIN 91
6.6 TECHNOLOGY ANALYSIS 92
6.6.1 KEY TECHNOLOGIES 92
6.6.1.1 5G 92
6.6.1.2 Low-power wide area networks (LPWAN) 92
6.6.2 COMPLEMENTARY TECHNOLOGIES 93
6.6.2.1 Quantum dot CMOS technology 93
6.6.2.2 Multi pixel technology (MPT) 93
6.6.3 ADJACENT TECHNOLOGIES 93
6.6.3.1 Thermal imaging technology 93
6.6.3.2 Electronic nose (E-nose) 93
6.7 TRADE ANALYSIS 93
6.7.1 IMPORT SCENARIO OF IMAGE SENSORS 94
FIGURE 33 IMPORT DATA FOR IMAGE SENSORS FOR TOP FIVE COUNTRIES IN IOT SENSORS MARKET, 2015–2019 (THOUSAND UNITS) 94
6.7.2 EXPORT SCENARIO OF IMAGE SENSORS 95
FIGURE 34 EXPORT DATA FOR IMAGE SENSORS FOR TOP FIVE COUNTRIES IN IOT SENSORS MARKET, 2015–2019 (THOUSAND UNITS) 95
7 IOT SENSORS MARKET, BY SENSOR TYPE 96
7.1 INTRODUCTION 97
FIGURE 35 IOT SENSORS MARKET, BY SENSOR TYPE 97
FIGURE 36 PRESSURE SENSOR SEGMENT TO HOLD LARGEST SIZE OF IOT SENSORS MARKET FROM 2021 TO 2026 98
TABLE 8 IOT SENSORS MARKET, BY SENSOR TYPE, 2017–2020 (USD MILLION) 98
TABLE 9 IOT SENSORS MARKET, BY SENSOR TYPE, 2021–2026 (USD MILLION) 99
TABLE 10 IOT SENSORS MARKET, BY SENSOR TYPE, 2017–2020 (MILLION UNITS) 100
TABLE 11 IOT SENSORS MARKET, BY SENSOR TYPE, 2021–2026 (MILLION UNITS) 101
7.2 TEMPERATURE SENSOR 101
7.2.1 HIGH ADOPTION OF TEMPERATURE SENSORS IN AVIATION AND MANUFACTURING INDUSTRIES TO DRIVE MARKET GROWTH 101
FIGURE 37 INDUSTRIAL IOT SEGMENT TO HOLD LARGEST SIZE OF TEMPERATURE IOT SENSORS MARKET FROM 2021 TO 2026 102
TABLE 12 TEMPERATURE IOT SENSORS MARKET, BY VERTICAL,
2017–2020 (USD MILLION) 102
TABLE 13 TEMPERATURE IOT SENSORS MARKET, BY VERTICAL,
2021–2026 (USD MILLION) 102
TABLE 14 TEMPERATURE IOT SENSORS MARKET, BY REGION,
2017–2020 (USD MILLION) 103
TABLE 15 TEMPERATURE IOT SENSORS MARKET, BY REGION,
2021–2026 (USD MILLION) 103
7.3 PRESSURE SENSOR 103
7.3.1 INCREASED USE OF PRESSURE SENSORS IN VARIOUS APPLICATIONS 103
TABLE 16 PRESSURE IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 104
TABLE 17 PRESSURE IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 104
TABLE 18 PRESSURE IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 104
TABLE 19 PRESSURE IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 105
7.4 HUMIDITY SENSOR 105
7.4.1 EASY CONNECTIVITY TO DEVICES ENABLED WITH WI-FI TO DRIVE DEMAND FOR HUMIDITY SENSORS 105
TABLE 20 HUMIDITY IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 105
TABLE 21 HUMIDITY IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 106
FIGURE 38 HUMIDITY IOT SENSORS MARKET IN APAC TO GROW AT HIGHEST CAGR FROM 2021 TO 2026 106
TABLE 22 HUMIDITY IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 106
TABLE 23 HUMIDITY IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 107
7.5 FLOW SENSOR 107
7.5.1 HIGH ADOPTION OF FLOW SENSOR IN INDUSTRIAL MANUFACTURING AND HEALTHCARE SECTORS TO FUEL THEIR DEMAND 107
TABLE 24 FLOW IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 107
TABLE 25 FLOW IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 108
TABLE 26 FLOW IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 108
TABLE 27 FLOW IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 108
7.6 ACCELEROMETER 109
7.6.1 RISEN DEPLOYMENT OF ACCELEROMETERS IN WEARABLE ELECTRONICS TO BOOST MARKET GROWTH 109
TABLE 28 ACCELEROMETER IOT SENSORS MARKET, BY VERTICAL,
2017–2020 (USD MILLION) 109
TABLE 29 ACCELEROMETER IOT SENSORS MARKET , BY VERTICAL,
2021–2026 (USD MILLION) 109
TABLE 30 ACCELEROMETER IOT SENSORS MARKET, BY REGION,
2017–2020 (USD MILLION) 110
TABLE 31 ACCELEROMETER IOT SENSORS MARKET, BY REGION,
2021–2026 (USD MILLION) 110
7.7 MAGNETOMETER 110
7.7.1 SURGED ADOPTION OF CONSUMER ELECTRONICS TO DRIVE MARKET FOR MAGNETOMETERS 110
TABLE 32 MAGNETOMETER IOT SENSORS MARKET, BY VERTICAL,
2017–2020 (USD MILLION) 111
TABLE 33 MAGNETOMETER IOT SENSORS MARKET, BY VERTICAL,
2021–2026 (USD MILLION) 111
FIGURE 39 APAC TO HOLD LARGEST SIZE OF MAGNETOMETER IOT SENSORS MARKET
BY 2026 111
TABLE 34 MAGNETOMETER IOT SENSORS MARKET, BY REGION,
2017–2020 (USD MILLION) 112
TABLE 35 MAGNETOMETER IOT SENSORS MARKET, BY REGION,
2021–2026 (USD MILLION) 112
7.8 GYROSCOPE 112
7.8.1 LOWER POWER CONSUMPTION OF GYROSCOPES THAN OTHER SENSORS TO INCREASE THEIR GLOBAL DEMAND 112
TABLE 36 GYROSCOPE IOT SENSORS MARKET, BY VERTICAL,
2017–2020 (USD MILLION) 113
TABLE 37 GYROSCOPE IOT SENSORS MARKET, BY VERTICAL,
2021–2026 (USD MILLION) 113
TABLE 38 GYROSCOPE IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 113
TABLE 39 GYROSCOPE IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 113
7.9 INERTIAL SENSOR 114
7.9.1 HIGH ADOPTION IN AUTOMOTIVE AND MEDICAL INDUSTRIES TO FUEL DEMAND FOR INERTIAL SENSORS 114
TABLE 40 INERTIAL IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 114
TABLE 41 INERTIAL IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 114
TABLE 42 INERTIAL IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 115
TABLE 43 INERTIAL IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 115
7.10 IMAGE SENSOR 115
7.10.1 INCREASED ADOPTION OF IMAGE SENSORS IN CONSUMER AND INDUSTRIAL VERTICALS 115
TABLE 44 IMAGE IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 116
TABLE 45 IMAGE IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 116
TABLE 46 IMAGE IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 116
TABLE 47 IMAGE IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 117
7.11 TOUCH SENSOR 117
7.11.1 INCREASED DEPLOYMENT OF TOUCH SENSORS IN AUTOMATION AND CONSUMER ELECTRONICS APPLICATIONS TO ACCELERATE THEIR DEMAND 117
FIGURE 40 INDUSTRIAL IOT SEGMENT TO HOLD LARGEST SIZE OF TOUCH IOT SENSORS MARKET IN 2021 AND 2026 118
TABLE 48 TOUCH IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 118
TABLE 49 TOUCH IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 118
TABLE 50 TOUCH IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 119
TABLE 51 TOUCH IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 119
7.12 PROXIMITY SENSOR 119
7.12.1 RISEN DEPLOYMENT OF PROXIMITY SENSORS IN AUTOMOTIVE INDUSTRY AND HOME APPLICATIONS TO BOOST THEIR DEMAND 119
TABLE 52 PROXIMITY IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 120
TABLE 53 PROXIMITY IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 120
TABLE 54 PROXIMITY IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 120
TABLE 55 PROXIMITY IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 121
7.13 ACOUSTIC SENSOR 121
7.13.1 SURGED USE OF ACOUSTIC SENSORS TO AID UNDERWATER AND UNDERGROUND COMMUNICATION 121
TABLE 56 ACOUSTIC IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 121
TABLE 57 ACOUSTIC IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 122
TABLE 58 ACOUSTIC IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 122
TABLE 59 ACOUSTIC IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 122
7.14 MOTION SENSOR 123
7.14.1 HIGH ADOPTION OF MOTION SENSORS IN INDUSTRIAL APPLICATIONS TO FUEL THEIR GLOBAL DEMAND 123
FIGURE 41 MOTION IOT SENSORS MARKET FOR INDUSTRIAL IOT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 123
TABLE 60 MOTION IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 123
TABLE 61 MOTION IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 124
TABLE 62 MOTION IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 124
TABLE 63 MOTION IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 124
7.15 OCCUPANCY SENSOR 125
7.15.1 INCREASED ADOPTION OF OCCUPANCY SENSORS IN RESIDENTIAL
AND COMMERCIAL BUILDINGS TO FUEL THEIR DEMAND 125
TABLE 64 OCCUPANCY IOT SENSORS MARKET, BY VERTICAL,
2017–2020 (USD MILLION) 125
TABLE 65 OCCUPANCY IOT SENSORS MARKET, BY VERTICAL,
2021–2026 (USD MILLION) 125
TABLE 66 OCCUPANCY IOT SENSORS MARKET, BY REGION,
2017–2020 (USD MILLION) 126
TABLE 67 OCCUPANCY IOT SENSORS MARKET, BY REGION,
2021–2026 (USD MILLION) 126
7.15.2 IMAGE PROCESSING OCCUPANCY SENSOR 126
7.15.3 INTELLIGENT OCCUPANCY SENSOR 126
7.16 CO2 SENSOR 127
7.16.1 RISEN USAGE OF CO2 SENSORS FOR INDOOR CLIMATE SENSING TO BOOST THEIR DEMAND 127
TABLE 68 CO2 IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 127
TABLE 69 CO2 IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 127
FIGURE 42 APAC TO HOLD LARGEST SIZE OF CO2 IOT SENSORS MARKET DURING FROM 2021 TO 2026 128
TABLE 70 CO2 IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 128
TABLE 71 CO2 IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 128
7.17 OTHERS 129
7.17.1 LIGHT SENSOR 129
7.17.2 RADAR SENSOR 129
TABLE 72 OTHER IOT SENSORS MARKET, BY VERTICAL, 2017–2020 (USD MILLION) 129
TABLE 73 OTHER IOT SENSORS MARKET, BY VERTICAL, 2021–2026 (USD MILLION) 130
TABLE 74 OTHER IOT SENSORS MARKET, BY REGION, 2017–2020 (USD MILLION) 130
TABLE 75 OTHER IOT SENSORS MARKET, BY REGION, 2021–2026 (USD MILLION) 130
7.18 IMPACT OF COVID-19 ON IOT SENSORS MARKET, BY SENSOR TYPE 131
8 IOT SENSORS MARKET, BY NETWORK TECHNOLOGY 132
8.1 INTRODUCTION 133
FIGURE 43 SNAPSHOT OF KEY NETWORK TECHNOLOGIES IN IOT SENSORS MARKET 133
FIGURE 44 WIRELESS NETWORK TECHNOLOGY SEGMENT TO LEAD IOT SENSORS MARKET FROM 2021 TO 2026 134
TABLE 76 IOT SENSORS MARKET, BY NETWORK TECHNOLOGY,
2017–2020 (USD MILLION) 134
TABLE 77 IOT SENSORS MARKET, BY NETWORK TECHNOLOGY,
2021–2026 (USD MILLION) 134
8.2 WIRED 135
FIGURE 45 ETHERNET SEGMENT TO HOLD LARGEST SIZE OF IOT SENSORS MARKET FOR WIRED TECHNOLOGY FROM 2021 TO 2026 135
TABLE 78 IOT SENSORS MARKET FOR WIRED TECHNOLOGY, BY TYPE,
2017–2020 (USD MILLION) 136
TABLE 79 IOT SENSORS MARKET FOR WIRED TECHNOLOGY, BY TYPE,
2021–2026 (USD MILLION) 136
8.2.1 KNX 136
8.2.1.1 High adoption of KNX in various applications to drive its demand 136
8.2.2 LONWORKS 137
8.2.2.1 Ability of LonWorks to exchange information to fuel market growth 137
8.2.3 ETHERNET 137
8.2.3.1 Adoption of Ethernet in WAN to contribute to market growth 137
8.2.4 MODBUS 137
8.2.4.1 High adoption of Modbus in manufacturing industries to drive market growth 137
8.2.5 DIGITAL ADDRESSABLE LIGHTING INTERFACE (DALI) 138
8.2.5.1 Continuous advancements in lighting technologies to propel market growth for DALI 138
8.3 WIRELESS 138
TABLE 80 IOT SENSORS MARKET FOR WIRELESS TECHNOLOGY, BY TYPE,
2017–2020 (USD MILLION) 138
TABLE 81 IOT SENSORS MARKET FOR WIRELESS TECHNOLOGY, BY TYPE,
2021–2026 (USD MILLION) 139
8.3.1 WI-FI 139
8.3.1.1 Adoption of Wi-Fi in private, as well as public places to boost market growth 139
8.3.2 BLUETOOTH 140
8.3.2.1 Bluetooth Smart 140
8.3.2.1.1 High adoption of Bluetooth Smart in wearable electronics to fuel its demand 140
8.3.2.2 Wi-Fi/Bluetooth Smart 140
8.3.2.2.1 Wi-Fi/Bluetooth Smart offers enormous benefits to industries, thus boosting its demand 140
8.3.2.3 Bluetooth Smart/Ant+ 141
8.3.2.3.1 Ability to support various connection types to accelerate demand for Bluetooth Smart/ANT+ 141
8.3.2.4 Bluetooth 5 141
8.3.2.4.1 Features such as long range and fast speed to fuel demand for Bluetooth 5 141
8.3.3 ZIGBEE 141
8.3.3.1 Adoption in monitoring applications to drive market growth for ZigBee 141
8.3.4 Z-WAVE 142
8.3.4.1 High adoption of home automation to boost market for Z-Wave 142
8.3.5 NFC 142
8.3.5.1 Surged incorporation of NFC in automotive industry and smartphones to fuel market growth 142
8.3.6 RFID 142
8.3.6.1 Implementation of RFID in manufacturing industries to boost market growth 142
8.3.7 ENOCEAN 142
8.3.7.1 Low energy requirement of EnOcean to fuel its demand 142
8.3.8 THREAD 143
8.3.8.1 High adoption of Thread owing to advanced support to IoT devices to drive market growth 143
8.3.9 6LOWPAN 143
8.3.9.1 Scalability features of 6LoWPAN to contribute to market growth 143
8.3.10 WIRELESS-HART (WHART) 143
8.3.10.1 High adoption of WHART in industrial environments to enhance market growth 143
8.3.11 PROCESS FIELD BUS 143
8.3.11.1 Risen demand for automation technology to fuel adoption of PROFIBUS 143
8.3.12 DECT-ULE 144
8.3.12.1 Features including long range and low latency to contribute to adoption of DECT-ULE 144
8.3.13 OTHERS 144
8.3.13.1 ANT+ 144
8.3.13.2 ISA100 144
8.3.13.3 GPS 144
8.3.13.4 Sub-Gig 145
8.3.13.5 Cellular 145