Boonton, NJ -- (SBWIRE) -- 10/20/2018 -- Market Analysis:

According to Verified Market Intelligence, the global IoT Sensors market was valued at USD 31.30 Billion in 2017 and is projected to reach USD 32.50 Billion by 2025, growing at a CAGR of 32.0% from 2018 to 2025.

The internet of things can be defined as a system of devices or machines that are correlated by their capacity to transfer information over a network without the need of intervention from humans. The internet of things analytics involves the use of various procedures and tools in order to obtain value from the enormous amounts of data that is retrieved from the Internet of things machines and devices. There are various types of IoT sensors available commercially such as temperature sensors, proximity sensors, pressure sensors, water quality sensors, IR sensors and many more.

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Increasing demand for consumer electronics, increasing awareness among customers, the growing significance of real-time computing for IoT applications have been driving the global IoT Sensors market. While Data Security issues

The "Global IoT Sensors Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Texas Instruments, TE Connectivity, Broadcom, NXP Semiconductors, STMicroelectronics, Bosch Sensortec, TDK, Infineon Technologies, Analog Devices, Omron, Sensirion, Honeywell, Siemens. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.