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 2023USD 13,365.9 million
Market revenue in 2030USD 106,012.0 million
Growth rate34.4% (CAGR from 2023 to 2030)
Largest segmentTemperature sensors
Fastest growing segmentTemperature Sensors
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTemperature Sensors


Other key industry trends

  • In terms of revenue, the North America accounted for 35.7% of the global iot sensors market in 2023.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

IoT Sensors Market Scope

Iot sensors market segmentation & scope
Temperature Sensors
Motion Sensors
Light Sensors
Others
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 size, by regions, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more