Middle East & Africa Iot Sensors Market Size & Outlook

The iot sensors market in Middle East & Africa is expected to reach a projected revenue of US$ 4,486.4 million by 2030. A compound annual growth rate of 37.2% is expected of Middle East & Africa iot sensors market from 2024 to 2030.

Revenue, 2023 (US$M)
$491.4
Forecast, 2030 (US$M)
$4,486.4
CAGR, 2024 - 2030
37.2%
Report Coverage
Middle East & Africa

MEA iot sensors market highlights

  • The MEA iot sensors market generated a revenue of USD 491.4 million in 2023.
  • The market is expected to grow at a CAGR of 37.2% from 2024 to 2030.
  • In terms of segment, temperature sensors was the largest revenue generating sensors in 2023.
  • Temperature Sensors is the most lucrative sensors segment registering the fastest growth during the forecast period.


MEA data book summary

Market revenue in 2023USD 491.4 million
Market revenue in 2030USD 4,486.4 million
Growth rate37.2% (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, MEA region accounted for 3.7% of the global iot sensors market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 38,773.9 million by 2030.

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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

Middle East & Africa 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 Middle East & Africa iot sensors market based on temperature sensors covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa iot sensors market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa iot sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Middle East & Africa iot sensors market

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