Global Iot Sensors Market Size & Outlook, 2023-2030
The iot sensors industry worldwide is expected to reach a projected revenue of US$ 106,012.0 million by 2030. A compound annual growth rate of 34.4% is expected of the worldwide iot sensors industry from 2024 to 2030.
Revenue, 2023 (US$M)
$13,365.9
Forecast, 2030 (US$M)
$106,012.0
CAGR, 2024 - 2030
34.4%
Report Coverage
Worldwide
Global iot sensors market, 2018-2030 (US$M)
Global iot sensors market highlights
- The global iot sensors market generated a revenue of USD 13,365.9 million in 2023 and is expected to reach USD 106,012.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 34.4% by 2030.
- In terms of segment, temperature sensors accounted for a revenue of USD 13,365.9 million in 2023.
- Temperature Sensors is the most lucrative sensors segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 13,365.9 million |
| Market revenue in 2030 | USD 106,012.0 million |
| Growth rate | 34.4% (CAGR from 2023 to 2030) |
| Largest segment | Temperature sensors |
| Fastest growing segment | Temperature Sensors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Temperature Sensors |
Other key industry trends
- In terms of revenue, the North America accounted for 35.7% of the global iot sensors market in 2023.
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IoT Sensors Market Scope
Iot sensors market segmentation & scope
End Use
Consumer Electronics
Wearable Devices
Automotive & Transportation
BFSI
Healthcare
Retail
Building Automation
Oil & Gas
Agriculture
Aerospace & Defense
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
IoT Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global iot sensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to iot sensors market will help companies and investors design strategic landscapes.
Temperature sensors was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global iot sensors market based on temperature sensors covering the revenue growth of each sub-segment from 2018 to 2030.
- Global IoT Sensors Sensors Outlook (Revenue, USD Million, 2018-2030)
- Temperature Sensors
- Motion Sensors
- Light Sensors
- Others
- Global IoT Sensors End Use Outlook (Revenue, USD Million, 2018-2030)
- Consumer Electronics
- Wearable Devices
- Automotive & Transportation
- BFSI
- Healthcare
- Retail
- Building Automation
- Oil & Gas
- Agriculture
- Aerospace & Defense
- Others
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Target buyers of Global iot sensors market databook
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Our clientele includes a mix of iot sensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global iot sensors market , including forecasts for subscribers. This global databook contains high-level insights into Global iot sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global iot sensors market size, by regions, 2018-2030 (US$M)
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