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North America IOT Sensors Market Forecast 2019-2027

Key Findings
The North American region is contributing to a major part of the shares of the global IoT sensors market. This region is aiding said market by a staggering CAGR of 26.84% for the forecast period 2019-2027.

Market Insights
The increasing demand for smart devices mostly due to cost reduction and rapid uptake of industrial IoT among the market leaders are causing a rapid market growth in the North American region. The United States of America is the major contributor to the revenue in the North American region.
The government of the United States is integrating IoT sensors utility in the healthcare and agriculture sector which is aiding the growth potential of the IoT sensor market in the US. Major domestic, as well as multinational manufacturers, are restarting their production in the country which is also fuelling the market growth.
The Canadian government is implementing the Internet of Things (IoT) technology to explore key issues and opportunities for IoT and data analytics, thus promoting market growth in the Canadian market.

Competitive Insights
The top market players of the North American IoT sensors market are Texas Instruments, NXP Semiconductors, STMicroelectronics, Broadcom Inc., Bosch Sensortec, ORIMtec, Infineon Technologies, Analog Devices, Omron Adept Technologies, TE Connectivity & TDK InvenSense.
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North America IOT Sensors Market Forecast 2019-2027
Published By :Inkwood Research
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