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 size, by regions, 2018-2030 (US$M)
Related industry reports
Related regional statistics
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