The IoT Sensors Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the IoT Sensors Market?
The market for IoT sensors has seen a significant expansion in the past few years. It increased from $12.21 billion in 2024 to $15.62 billion in 2025 with a compound annual growth rate (CAGR) of 28.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the IoT Sensors Industry?
The IoT Sensors Global Market Report 2025 projects that by 2029, the market size is anticipated to reach $32.34 billion, experiencing a compound annual growth rate (CAGR) of 20.0%.
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What are the Key Growth Drivers Fueling the IoT Sensors Market?
The key drivers in the iot sensors market are:
• Expansion in 5G connectivity
• Rising implementation of edge computing
• Proliferation of AI and machine learning technology
• Concerns on security and privacy driving demand for IoT sensors
Global Market Segmentation: Identifying Major IoT Sensors Industry Segments
The IoT sensors market covered in this report is segmented –
1) By Product Type: Temperature sensors, Pressure sensors, Humidity sensors, Flow sensors, Accelerometers, Magnetometers, Gyroscopes, Inertial sensors, Image sensors, Other Product Types
2) By Application: Building Automation, Industrial Application, Automotive Application, Healthcare Application, Retailing And Logistics Application, Security Application, Agriculture Application, Other Applications
3) By End-user Industry: Healthcare, Automotive and Transportation, Manufacturing / Industrial, Other End-Users
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What are the Emerging Trends Shaping the Future of the IoT Sensors Market?
The key trends in the iot sensors market are:
• The trend of miniaturization is gaining traction in the IoT sensors market.
• There's an increasing trend of multi-sensor integration in the IoT sector.
• IoT sensor ecosystems are emerging as an important trend shaping the future of the market.
• Environmental sustainability monitoring and healthcare & wearable sensors are also trending.
Who Are the Top Competitors & Leading Players in the IoT Sensors Market?
Major companies in the iot sensors market are:
• Texas Instruments
• TE Connectivity
• NXP Semiconductors
• STMicroelectronics
• TDK Corporation
• Honeywell
• Sensata Technologies
• Broadcom
• Bosch Sensortec
• Analog Devices
• Siemens
• General Electric
• Robert Bosch GmbH
• Monnit
• Murata Manufacturing
• Sensirion
• Silicon Laboratories
• Asea Brown Boveri Limited
• Schneider Electric SE
• Qualcomm Technologies, Inc.
• International Business Machines
• CANON MEDICAL SYSTEMS CORPORATION
• Skyworks Solution Inc.
• Sierra Wireless
• Moxa Inc
• SmartThings
• Libelium
• Infineon Technologies
• Parametric Technology Corporation
• Intel
• Omron
• Cisco
• Oracle
• MongoDB
• GE Digital
• ARM IoT Security Company
• Vention
• Altoros
• Oxagile
• Innowise Group
• Style Lab IoT Software Company
• HQ Software Industrial IoT Company
• ScienceSoft
• DICEUS
• Huawei
Regional Dominance: Which Area Leads the Global IoT Sensors Market?
Asia-Pacific was the largest region in the IoT sensors market in 2023
