The Business Research Company’s latest report IoT Sensors Global Market Report 2020 covers IoT Sensors market drivers, IoT Sensors market trends, IoT Sensors market segments, IoT Sensors market growth rate, IoT Sensors market major players, and IoT Sensors market size. The report provides in-depth analysis of the impact of COVID-19 on the IoT Sensors industry, along with revised market numbers due to the effects of the coronavirus.
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IoT Sensors Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global IoT sensors market is expected to grow from $10.08 billion in 2019 and to $10.38 billion in 2020 at a growth rate of 3.03%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $19.51 billion in 2023 at CAGR of 23.39%.
The report covers the IoT Sensors market’s segments-
1) 1) By Product Type: Temperature Sensors, Pressure Sensors, Humidity Sensors, Flow Sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial Sensors, Image Sensors, Others.
2) By Application: Building Automation, Industrial Application, Automotive Application, Healthcare Application, Retailing & Logistics Application, Security Application, Agriculture Application, Other Applications.
3) By End-User Industry: Healthcare, Automotive And Transportation, Manufacturing / Industrial, Others.
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