IoT sensors market seen doubling by 2030

The global IoT sensors market is projected to rise from $18.57 billion in 2026 to $38.03 billion by 2030, driven by smart city buildouts, connected systems and predictive maintenance demand. Asia-Pacific led the market in 2025 as global IoT connections climbed to 18.8 billion in 2024. Why it matters: - IoT sensors sit at the center of connected devices, turning physical conditions into data for automation, monitoring and faster decisions. - The market’s expected growth signals wider adoption of smart systems across industry, healthcare, cities and consumer devices. What happened: - The Business Research Company released its IoT Sensors Global Market Report 2026 on June 18, 2026. - The report estimates the market will grow from $15.66 billion in 2025 to $18.57 billion in 2026. - The report projects the market will reach $38.03 billion by 2030. - The forecast implies a 18.6% CAGR from 2025 to 2026 and a 19.6% CAGR through 2030. The details: - Historical growth was driven by MEMS technology improvements, early industrial automation adoption, greater use in consumer electronics, basic environmental monitoring systems and low-power wireless standards. - Future growth is expected to come from smart city infrastructure, connected and autonomous systems, predictive maintenance, edge IoT platforms and sensor integration in healthcare diagnostics. - The report highlights multi-parameter sensing, cloud-connected real-time analytics, AI-powered predictive sensing, energy-efficient sensor design and sensor use in autonomous and robotic systems as key trends. - IoT sensors collect data from the physical environment and transmit that data to IoT networks for processing, analysis and monitoring. - IoT sensors measure temperature, humidity, light, motion and pressure. - The report says IoT sensors improve decision-making, automation and operational efficiency across many applications. - The report identifies Asia-Pacific as the largest regional market in 2025. - North America ranked second in 2025. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa. - The Business Research Company said the 2026 edition includes market attractiveness scoring, TAM analysis, company scoring matrices, Excel-based forecasting dashboards, market hotspot infographics, key technology analysis and updated graphics and tables. Between the lines: - The biggest growth lever is not just more sensors, but more connected systems that need continuous data streams. - Ericsson reported global IoT connections reached 18.8 billion in 2024 and are projected to hit 43.0 billion by 2030, which helps explain why sensor demand is moving up. - The shift toward AI-enabled sensing and edge platforms points to a market moving from basic measurement to real-time operational intelligence. What’s next: - Demand should track the rollout of smart infrastructure, industrial automation and connected devices. - Sensor makers are likely to compete more on power efficiency, analytics capability and compatibility with autonomous systems. - Download a free sample of the report or view the full market report .