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IoT Sensor Market - Advanced Technology, New Development and Future Opportunities
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albertmo...@gmail.com
Nov 22, 2017, 6:50:38 AM11/22/17
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Sensor is an electronic device which is used to detect events or changes in its environment and send the information to other system such as computer processor. Sensors in IoT play an important role for determining the physical quality of objects and compute it into a value which is further read by another device or user. The major drivers which help in surging the growth of IoT sensor market include its connectivity and analytics to the supply chain along with its lower cost and more advanced capabilities of RFID tags whereas limitation in bandwidth connection may act as a restraining factor for this market. Development of smart cities will add new opportunities for this market in the coming years. Some of the key players influencing the market are Texas Instruments Incorporated., NXP Semiconductors N.V., Broadcom Limited (Avago), Robert Bosch GmbH, Infineon Technologies AG, Analog Devices, Inc., OMRON Corporation, Sensirion AG, SmartThings Inc. and Honeywell International Inc. among others.
Sensor is an electronic device which is used to detect events or changes in its environment and send the information to other system such as computer processor. Sensors in IoT play an important role for determining the physical quality of objects and compute it into a value which is further read by another device or user. The major drivers which help in surging the growth of IoT sensor market include its connectivity and analytics to the supply chain along with its lower cost and more advanced capabilities of RFID tags whereas limitation in bandwidth connection may act as a restraining factor for this market. Development of smart cities will add new opportunities for this market in the coming years. Some of the key players influencing the market are Texas Instruments Incorporated., NXP Semiconductors N.V., Broadcom Limited (Avago), Robert Bosch GmbH, Infineon Technologies AG, Analog Devices, Inc., OMRON Corporation, Sensirion AG, SmartThings Inc. and Honeywell International Inc. among others.
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