IoT Sensor Market
IoT Sensor Market Study by Accelerometers, Gyroscopes, Magnetometers, and Pressure Sensors for Consumer Electronics, Healthcare, Automotive, Industrial Building, and Automation from 2024 to 2034
Analysis of IoT Sensor Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
IoT Sensor Market Outlook (2024 to 2034)
The global IoT sensor market, as revealed in the recently updated Fact.MR research report, is expected to reach a size of US$ 33 billion in 2024. The market has been forecast to accelerate at a CAGR of 18.6% and reach a value of US$ 181.7 billion by the end of 2034.
The convergence of several technologies, such as ML, AI, and others, is positively influencing global IoT sensor market trends. Increasing deployment of 5G networks and growing demand for EVs are contributing to the rising sales of IoT sensors. A noteworthy increase in the deployment of IoT equipment in smart homes is also creating remunerative opportunities for market players.
Increasing smart city initiatives, the advent of Industry 4.0, and the development of sensors, robots, and field devices are fortifying market growth. There is accelerating demand for integrating IIoT (industrial IoT) devices in several sectors, such as home automation, which is demanding sensor-based measurements for decision support and observation purposes.
The growing use of IoT sensors in home automation is attributed to their key use in automating and controlling security systems, appliances, heating, and lighting for energy efficiency and improving convenience. In the healthcare sector, these sensors find application in tracking medication adherence, enabling patient remote monitoring, minimizing healthcare expenditure, and enhancing overall patient outcomes. Moreover, in industrial settings, they are used for predictive maintenance requirements, monitoring equipment performance, and optimizing production processes, thereby leading to reduced downtime and increased efficiency.
- East Asia is estimated to hold 25% of the global IoT sensor market share by the end of 2034.
- Sales of IoT sensors in South Korea are projected to climb at a CAGR of 20.6% from 2024 to 2034.
- Worldwide demand for IoT sensors for use in consumer electronics is evaluated to accelerate at a CAGR of 17.7% and reach a market value of US$ 47.24 billion by 2034-end.
| Report Attribute | Detail |
|---|---|
| IoT Sensor Market Size (2024E) | US$ 33 Billion |
| Forecasted Market Value (2034F) | US$ 181.7 Billion |
| Global Market Growth Rate (2024 to 2034) | 18.6% CAGR |
| Market Share of Gyroscopes (2034F) | 28% |
| North America Market Share (2034F) | 35% |
| Japan Market Growth Rate (2024 to 2034) | 20.3% CAGR |
| Key Companies Profiled | Infineon Technologies; Honeywell International Inc.; STMicroelectronics N.V.; Qualcomm Technologies; IBM; Siemens; PTC; General Electric Company; Sensata Technologies, Inc.; Robert Bosch GmbH; XP Semiconductors; TE Connectivity; Moxa Inc.; TE Connectivity; Sierra Wireless, Inc. |
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Why are we Seeing Rapid Global IoT Sensor Market Growth?
“Transportation and Automotive Industries Playing Salient Role”
Several automotive market players, such as Mercedes-Benz, Toyota, Volkswagen, and Volvo, are aggressively investing in the development of smart cars with fine specifications. They are offering a more comfortable and safer driving experience to consumers. IoT has been introduced in automotive and transportation for preventive maintenance, connected mobility, and real-time data access.
Modern fleet management, Car2Car connectivity, and smart cities are creating lucrative opportunities for market players. This is leading to a rising preference for smart sensor technology, thereby resulting in increased demand for IoT sensors. IoT enables several transportation companies to map profitable routes and enhance fuel use. Logistics enterprises are capable of tracking and tracing their products with the use of IoT devices in traffic congestion systems within motor vehicles.
What Challenges are IoT Sensor Manufacturers Facing?
“Issues Related to Data Privacy and Security”
Despite several benefits and potential of IoT devices, there are certain concerns related to the data privacy of IoT sensors. IoT-enabled sensors and devices generate a significant amount of data and offer more chances for entry points for malware. Privacy intervention results in rising dependency on connected devices, thereby reflecting vulnerabilities of connected equipment.
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How are New IoT Sensor Companies Strategizing?
“Leveraging High Dependency of Industry 4.0 on AI and IoT”
Industry 4.0 is highly dependent on artificial intelligence and the Internet of Things. Cloud infrastructure and big data analytics are also important technologies, which are opening ways for the application of IoT sensors. Growing acceptance of IoT as an effective technology within more organizations and premises is widening opportunities for new market players trying to enter this competitive landscape.
Country-wise Insights
A recently updated industry analysis by Fact.MR, a market research and competitive intelligence provider, mentions that North America is expected to account for a 35% global market share by the end of 2034. A well-developed technological infrastructure, a robust communication network, and internet penetration are generating demand for IoT sensors. A strong foundation in the region is facilitating the seamless integration and deployment of IoT sensors.
Why is the IoT Sensor Market Flourishing in the United States?
“Presence of Leading Companies in the Country”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 9 Billion |
| Growth Rate (2024 to 2034) | 17.3% CAGR |
| Projected Value (2034F) | US$ 44.5 Billion |
The United States is forecast to occupy a 70% market share in North America by 2034. Presence of some of the prominent market players in the country, such as Honeywell International Inc. and others, contributes to the stronghold of the United States in the region. In addition, the incorporation of IoT sensors in smart parking systems is assisting drivers in finding parking at designated spots, which are installed with these sensors. The contribution of these sensors to instituting predictive analytics and regulating air quality in targeted congested areas is also contributing to market expansion.
What is the Sales Outlook for IoT Sensors in China?
“Rising Government Initiatives Promoting Smart Manufacturing Practices”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 3.6 Billion |
| Growth Rate (2024 to 2034) | 19.8% CAGR |
| Projected Value (2034F) | US$ 21.6 Billion |
China is analyzed to possess a share of 47.5% of East Asian market revenue by the end of 2034. The government in China is promoting practices for smart manufacturing with the adoption of industrial IoT. Factories need diverse sensors catering to specific requirements, such as temperature and vibration sensors for image and LiDAR sensors and process monitoring for machine vision applications and robotics.
Why is Japan a Key Market in This Business Space?
“High Popularity of IoT Sensors in Manufacturing and Healthcare Sectors”
| Attribute | Japan |
|---|---|
| Market Value (2024E) | US$ 2.1 Billion |
| Growth Rate (2024 to 2034) | 20.3% CAGR |
| Projected Value (2034F) | US$ 13.4 Billion |
Japan is calculated to capture 29.4% of the market share in East Asia by 2034. The country is investing significantly in the manufacturing and healthcare sectors, which is stimulating demand for IoT sensors. Their increased demand is due to their assistance in optimized operations, enhanced user experience, and improved decision-making.
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Category-wise Insights
According to the recently updated analysis by Fact.MR, the implementation of IoT in consumer electronics helps enhance the consumer experience with improved everyday lives while ensuring easy access to smart devices, such as wearables, smartphones, and others. The assistance of IoT sensors in ensuring comfort, convenience, and energy efficiency makes them a popular choice for consumer electronics.
Why are Gyroscopes Required in Several End-use Industries?
“Popularity of Gyroscopes in Navigation Systems for Offering Direction and Orientation Information”
| Attribute | Gyroscopes |
|---|---|
| Segment Value (2024E) | US$ 8.6 Billion |
| Growth Rate (2024 to 2034) | 19.5% CAGR |
| Projected Value (2034F) | US$ 50.9 Billion |
Gyroscopes are projected to hold a share of 28% of global market revenue by the end of 2034. A rising demand for gyroscopes is attributed to their use in detecting and measuring acceleration, shock, tilt, rotation, vibration, and several degrees of freedom motions. Their utilization in automotive, marine, wearables, aviation, and medical is generating lucrative opportunities for market players. The usefulness of gyroscope sensors in condition monitoring, navigation, and geoengineering is contributing to increased demand.
Why Should IoT Sensor Producers Target the Consumer Electronics Industry?
“Pivotal Role of IoT Sensors in Innovations of New Consumer Electronics”
| Attribute | Consumer Electronics |
|---|---|
| Segment Value (2024E) | US$ 9.24 Billion |
| Growth Rate (2024 to 2034) | 17.7% CAGR |
| Projected Value (2034F) | US$ 47.24 Billion |
Consumer electronics are estimated to contribute 26% share of global market revenue by 2034. Constant innovations are taking place in consumer electronics, which are generating demand for IoT sensors as a pivotal part of these devices for their effective functioning. With the use of IoT sensors, the landscape of consumer electronics is offering a degree of interactivity and personalization, which was previously inconceivable.
Competitive Landscape
Some of the key players in the IoT sensor market, which are profiled in this Fact.MR research report, are focusing on carrying out several advanced R&D programs and on product development. Several enterprises are making efforts to collaborate with technology providers to offer innovative results.
For instance:
- NXP Semiconductors entered into a collaboration with Arm in April 2024 for the development of a low-power sensor hub, particularly designed for use in wearables. This emphasizes an increased focus on efficient and miniaturized sensors for wearable devices.
- Siemens, in February 2022, updated its NX software under the portfolio of Xcelerator, with attributes such as intelligence-based designs. This will allow the application of modern simulation and AI technologies, providing effective insights to consumers.
- PTC, in January 2022, entered into a collaboration with Schaeffler Group. This Germany-based manufacturer is implementing an absolute IT landscape. The aim of this partnership is to support the initiatives of Schaeffler for the visualization of 3D models and digital twins.
Fact.MR provides detailed information about the price points of key providers of IoT sensors positioned across the world, sales growth, production capacity, and speculative technological expansion in this recently updated market report.
Segmentation of IoT Sensor Market Research
-
By Type :
- Accelerometers
- Gyroscopes
- Magnetometers
- Pressure Sensors
- Others
-
By Application :
- Consumer Electronics
- Healthcare
- Automotive
- Industrial Building
- Automation
- Others
-
By Region :
- North America
- Latin America
- Western Europe
- Eastern Europe
- East Asia
- South Asia & Pacific
- MEA
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Type 6.2. Application 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type 7.1. Accelerometers 7.2. Gyroscopes 7.3. Magnetometers 7.4. Pressure Sensors 7.5. Others 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Application 8.1. Consumer Electronics 8.2. Healthcare 8.3. Automotive 8.4. Industrial Building 8.5. Automation 8.6. Others 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. East Asia 9.6. South Asia & Pacific 9.7. Middle East & Africa 10. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 11. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Sales Forecast 2024 to 2034 by Type, Application, and Region for 30 Countries 18. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 19. Company Profile 19.1. Infineon Technologies 19.2. Honeywell International Inc. 19.3. STMicroelectronics N.V. 19.4. Qualcomm Technologies 19.5. IBM 19.6. Siemens 19.7. PTC 19.8. General Electric Company 19.9. Sensata Technologies, Inc. 19.10. Robert Bosch GmbH 19.11. XP Semiconductors 19.12. TE Connectivity 19.13. Moxa Inc. 19.14. TE Connectivity 19.15. Sierra Wireless, Inc. 20. Assumptions and Acronyms Used 21. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 02: Global Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 04: Global Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 05: Global Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 07: Global Market Value (US$ Mn) Analysis, by Region, 2019 to 2023
Table 08: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034
Table 10: North America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 11: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: North America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 14: North America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 19: Latin America Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 20: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 21: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 22: Latin America Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 23: Latin America Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 24: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 25: Latin America Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 26: Latin America Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 28: Western Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 29: Western Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 30: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 31: Western Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 32: Western Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 33: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 34: Western Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 35: Western Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 36: Western Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 37: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 38: Eastern Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 39: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 40: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 41: Eastern Europe Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 42: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 43: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 44: Eastern Europe Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 45: Eastern Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 46: East Asia Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 47: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 48: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 49: East Asia Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 50: East Asia Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 55: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 56: South Asia & Pacific Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 57: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 58: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 59: South Asia & Pacific Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 60: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 61: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 62: South Asia & Pacific Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 63: South Asia & Pacific Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
Table 64: MEA Market Value (US$ Mn) Analysis, by Country, 2019 to 2023
Table 65: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 66: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 67: MEA Market Value (US$ Mn) Analysis, by Type, 2019 to 2023
Table 68: MEA Market Value (US$ Mn) Analysis, by Type, 2024 to 2034
Table 69: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2024 to 2034
Table 70: MEA Market Value (US$ Mn) Analysis, by Application, 2019 to 2023
Table 71: MEA Market Value (US$ Mn) Analysis, by Application, 2024 to 2034
Table 72: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2024 to 2034
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034
Figure 05: Global Market Share and BPS Analysis by Type, 2024 & 2034
Figure 06: Global Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 07: Global Market Attractiveness Analysis by Type, 2024 to 2034
Figure 08: Global Market Share and BPS Analysis by Application, 2024 & 2034
Figure 09: Global Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Application, 2024 to 2034
Figure 11: Global Market Share and BPS Analysis by Region, 2024 & 2034
Figure 12: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 14: North America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 15: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 16: North America Market Value Y-o-Y Growth and Forecast, 2034
Figure 17: North America Market Incremental $ Opportunity, 2024 to 2034
Figure 18: North America Market Share Analysis by Country, 2024 & 2034
Figure 19: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 20: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 21: North America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 22: North America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 24: North America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 26: North America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 27: Latin America Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 28: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 29: Latin America Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 30: Latin America Market Incremental $ Opportunity, 2024 to 2034
Figure 31: Latin America Market Share Analysis by Country, 2024 & 2034
Figure 32: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 33: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 34: Latin America Market Share and BPS Analysis by Type, 2024 & 2034
Figure 35: Latin America Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 36: Latin America Market Attractiveness Analysis by Type, 2024 to 2034
Figure 37: Latin America Market Share and BPS Analysis by Application, 2024 & 2034
Figure 38: Latin America Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 39: Latin America Market Attractiveness Analysis by Application, 2024 to 2034
Figure 40: Western Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 41: Western Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 42: Western Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 43: Western Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 44: Western Europe Market Share Analysis by Country, 2024 & 2034
Figure 45: Western Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 46: Western Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 47: Western Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 48: Western Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 49: Western Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 50: Western Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 51: Western Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 52: Western Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 53: Eastern Europe Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 54: Eastern Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 55: Eastern Europe Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 56: Eastern Europe Market Incremental $ Opportunity, 2024 to 2034
Figure 57: Eastern Europe Market Share Analysis by Country, 2024 & 2034
Figure 58: Eastern Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 59: Eastern Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 60: Eastern Europe Market Share and BPS Analysis by Type, 2024 & 2034
Figure 61: Eastern Europe Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 62: Eastern Europe Market Attractiveness Analysis by Type, 2024 to 2034
Figure 63: Eastern Europe Market Share and BPS Analysis by Application, 2024 & 2034
Figure 64: Eastern Europe Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 65: Eastern Europe Market Attractiveness Analysis by Application, 2024 to 2034
Figure 66: East Asia Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 67: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 68: East Asia Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 69: East Asia Market Incremental $ Opportunity, 2024 to 2034
Figure 70: East Asia Market Share Analysis by Country, 2024 & 2034
Figure 71: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 72: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: East Asia Market Share and BPS Analysis by Type, 2024 & 2034
Figure 74: East Asia Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 75: East Asia Market Attractiveness Analysis by Type, 2024 to 2034
Figure 76: East Asia Market Share and BPS Analysis by Application, 2024 & 2034
Figure 77: East Asia Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 78: East Asia Market Attractiveness Analysis by Application, 2024 to 2034
Figure 79: South Asia & Pacific Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 80: South Asia & Pacific Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 81: South Asia & Pacific Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 82: South Asia & Pacific Market Incremental $ Opportunity, 2024 to 2034
Figure 83: South Asia & Pacific Market Share Analysis by Country, 2024 & 2034
Figure 84: South Asia & Pacific Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 85: South Asia & Pacific Market Attractiveness Analysis by Country, 2024 to 2034
Figure 86: South Asia & Pacific Market Share and BPS Analysis by Type, 2024 & 2034
Figure 87: South Asia & Pacific Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 88: South Asia & Pacific Market Attractiveness Analysis by Type, 2024 to 2034
Figure 89: South Asia & Pacific Market Share and BPS Analysis by Application, 2024 & 2034
Figure 90: South Asia & Pacific Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 91: South Asia & Pacific Market Attractiveness Analysis by Application, 2024 to 2034
Figure 92: MEA Market Value (US$ Mn) Historical Analysis, 2019 to 2023
Figure 93: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 94: MEA Market Value Y-o-Y Growth and Forecast, 2019 to 2034
Figure 95: MEA Market Incremental $ Opportunity, 2024 to 2034
Figure 96: MEA Market Share Analysis by Country, 2024 & 2034
Figure 97: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034
Figure 98: MEA Market Attractiveness Analysis by Country, 2024 to 2034
Figure 99: MEA Market Share and BPS Analysis by Type, 2024 & 2034
Figure 100: MEA Market Y-o-Y Growth Projections by Type, 2024 to 2034
Figure 101: MEA Market Attractiveness Analysis by Type, 2024 to 2034
Figure 102: MEA Market Share and BPS Analysis by Application, 2024 & 2034
Figure 103: MEA Market Y-o-Y Growth Projections by Application, 2024 to 2034
Figure 104: MEA Market Attractiveness Analysis by Application, 2024 to 2034
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How big is the IoT sensor market in 2024?
The global IoT sensor market has been valued at US$ 33 billion in 2024.
What is the projected demand valuation for IoT sensors by 2034?
Worldwide sales of IoT sensors are estimated to reach US$ 181.7 billion by 2034.
At what rate are the sales of IoT sensors projected to rise?
The market for IoT sensors is analyzed to expand at 18.6% CAGR through 2034.
How much share of the global market is East Asia approximated to hold?
East Asia is forecasted to occupy a share of 25% of the global market by 2034-end.
At what CAGR is the demand for IoT sensors calculated to accelerate in South Korea?
Demand for IoT sensors in South Korea is forecasted to increase at 20.6% CAGR through 2034.
What is the contribution of gyroscopes to global market revenue?
Gyroscopes are projected to hold 28% share of the global market by 2034.
Who are the leading manufacturers of IoT sensors?
IBM, Siemens, PTC, General Electric Company, and Sensata Technologies, Inc. are some of the key market players.
IoT Sensor Market