• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    Wireless IoT Sensors Market

    ID: MRFR/SEM/6797-CR
    170 Pages
    Ankit Gupta
    January 2020

    Wireless IoT Sensors Market Research Report Information By Component (Hardware, Service and Software), By Type (Image Sensor, Motion Sensor, Proximity Sensor, Pressure Sensor, Magnetometer, Humidity Sensor, Temperature Sensor, Touch Sensor, Accelerometer, Gyroscope, Flow Sensor and Others), By Technology (Wi-Fi, Bluetooth, ZigBee, NFC, Z-Wave, RFID, and Others), By Vertical (Industrial IoT, Consumer lot, and Commercial loT) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Industry Forecast Till 2032

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Wireless IoT Sensors Market Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Wireless IoT Sensors Market Summary

    As per Market Research Future Analysis, the Global Wireless IoT Sensors Market was valued at USD 9.2 Billion in 2023 and is projected to reach USD 68.1 Billion by 2032, growing at a CAGR of 24.91% from 2024 to 2032. The market is driven by increased demand for smartphones, home appliances, consumer electronics, vehicles, and defense products. The hardware segment leads the market, while temperature sensors and Wi-Fi technology dominate their respective categories. North America holds the largest market share, followed by Europe and the Asia-Pacific region, which is expected to grow at the fastest rate due to government support for IoT technology.

    Key Market Trends & Highlights

    Key trends driving the Wireless IoT Sensors market include technological advancements and government support.

    • Market Size in 2023: USD 9.2 Billion
    • Projected Market Size by 2032: USD 68.1 Billion
    • CAGR from 2024 to 2032: 24.91%
    • North America dominates the market due to developed infrastructure.

    Market Size & Forecast

    2023 Market Size USD 9.2 Billion
    2024 Market Size USD 11.49 Billion
    2032 Market Size USD 68.1 Billion

    Major Players

    Key players include Honeywell International Inc. (US), NXP Semiconductors (Netherlands), Omron Corporation (Japan), TDK Corporation (Japan), Broadcom Inc. (US), and Texas Instruments Incorporated (US).

    Wireless IoT Sensors Market Trends

    Increasing use of sensors in loT applications is driving the market growth

    The utilization of sensors in Internet of Things (IoT) applications is on the rise, primarily because of the decrease in cost and size, as well as advancements in technology. The adoption of microelectromechanical systems (MEMS) technology has contributed to the reduction in sensor size, making it feasible for sensors to be employed in various sectors including automotive, healthcare, and consumer products. As a result, the sensors market has experienced significant growth. Over the past five years, there has been a rapid deployment of smaller sensors in devices such as smartphones, drones, wearables, and robots. This factor drives the Market CAGR.

    Additionally, governments around the world provide support and funding for Internet of Things (IoT) advancements since the government sector is expected to be a major consumer of IoT solutions. Governments seek advancements and innovations in key sectors like intelligent traffic management systems, energy conservation using smart meters, and enhanced security systems with the help of smart cameras. Additionally, governments are financially backing new research projects focused on building smart cities through IoT initiatives. This support is anticipated to be instrumental in the future growth of IoT. Thus, driving the Wireless IoT Sensors market revenue.

    The ongoing integration of wireless IoT sensors across various sectors suggests a transformative shift towards enhanced operational efficiency and data-driven decision-making.

    U.S. Department of Commerce

    Wireless IoT Sensors Market Drivers

    Market Growth Projections

    The Global Wireless IoT Sensors Market Industry is poised for substantial growth, with projections indicating a market size of 11.5 USD Billion in 2024 and an anticipated increase to 132.7 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate (CAGR) of 24.91% from 2025 to 2035. The increasing integration of IoT sensors across various sectors, including smart cities, industrial applications, and healthcare, underscores the market's potential. As organizations continue to recognize the value of real-time data and connectivity, the demand for wireless IoT sensors is expected to surge, shaping the future landscape of the industry.

    Rising Demand for Smart Cities

    The increasing global emphasis on smart city initiatives drives the Global Wireless IoT Sensors Market Industry. As urban populations grow, cities are adopting IoT technologies to enhance efficiency and sustainability. For instance, cities are deploying wireless sensors for traffic management, waste management, and energy efficiency. This trend is projected to contribute to the market's growth, with the industry expected to reach 11.5 USD Billion in 2024. The integration of IoT sensors in urban infrastructure not only improves service delivery but also fosters a more connected urban environment, indicating a robust demand for wireless IoT solutions.

    Advancements in Sensor Technology

    Technological advancements in sensor capabilities significantly influence the Global Wireless IoT Sensors Market Industry. Innovations such as miniaturization, enhanced battery life, and improved data processing capabilities enable the development of more efficient and versatile sensors. For example, the emergence of low-power wide-area networks (LPWAN) allows for long-range communication with minimal energy consumption. These advancements are likely to attract investments and drive adoption across various sectors, including healthcare, agriculture, and manufacturing. As a result, the market is anticipated to grow substantially, potentially reaching 132.7 USD Billion by 2035.

    Growing Adoption of Wearable Technology

    The rising adoption of wearable technology is influencing the Global Wireless IoT Sensors Market Industry. Wearables equipped with wireless sensors are increasingly utilized in healthcare for monitoring vital signs, physical activity, and overall health. This trend is particularly evident in the growing demand for remote patient monitoring solutions, which enhance healthcare delivery and patient outcomes. As the healthcare sector embraces IoT solutions, the market for wireless sensors is expected to expand significantly. The convergence of healthcare and technology suggests a promising future for wireless IoT sensors, with potential applications extending beyond traditional healthcare settings.

    Expansion of Industrial IoT Applications

    The expansion of Industrial IoT (IIoT) applications is a crucial driver of the Global Wireless IoT Sensors Market Industry. Industries such as manufacturing, logistics, and energy are increasingly adopting wireless sensors to optimize operations, enhance productivity, and reduce costs. For example, predictive maintenance enabled by IoT sensors can significantly minimize downtime and improve operational efficiency. This trend is likely to contribute to a compound annual growth rate (CAGR) of 24.91% from 2025 to 2035, reflecting the growing reliance on IoT technologies in industrial settings. The integration of wireless sensors in industrial processes underscores the transformative potential of IoT.

    Increased Focus on Environmental Monitoring

    The growing awareness of environmental issues propels the Global Wireless IoT Sensors Market Industry forward. Governments and organizations are increasingly utilizing wireless IoT sensors for environmental monitoring, including air quality, water quality, and climate change tracking. For instance, sensors deployed in urban areas can provide real-time data on pollution levels, enabling timely interventions. This heightened focus on sustainability and environmental protection is expected to drive market growth, as stakeholders seek to leverage IoT technology to address pressing environmental challenges. The industry's expansion is indicative of a broader commitment to sustainable development.

    Market Segment Insights

    Wireless IoT Sensors Component Insights

    Based on components, the Wireless IoT Sensors Market segmentation includes Hardware, Service and Software. The hardware segment dominated the market because hardware is the essential Component of wireless IoT sensors, as it provides the physical capabilities for sensing, processing, and transmitting data.

    Figure 1: WIRELESS IoT SENSORS MARKET SHARE BY COMPONENT, (USD Billion)

    Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

    Wireless IoT Sensors Type Insights

    The Wireless IoT Sensors Market segmentation, based on type, includes Image Sensors, Motion Sensor, Proximity Sensor, Pressure Sensor, Magnetometers, Humidity Sensor, Temperature Sensor, Touch Sensor, Accelerometers, Gyroscopes, Flow Sensor and others. The temperature sensor segment dominated the market; the temperature of air, water, and other gases can significantly impact the performance of machines and equipment. The temperature of patients can also be a critical indicator of their health. These providers offer a variety of temperature sensor solutions that can be the specific requirements of different applications.

    Wireless IoT Sensors Technology Insights

    The Wireless IoT Sensors Market segmentation, based on Technology, includes Wi-Fi, Bluetooth, ZigBee, NFC, Z-Wave, RFID others. The Wi-Fi segment dominated the market because Wi-Fi is a mature and widely adopted technology offering high data rates and long range. This makes it ideal for applications that require transmitting large amounts of data, such as video streaming and remote monitoring.

    Wireless IoT Sensors Insights

    Based on Vertical, the Wireless IoT Sensors Market segmentation includes Industrial IoT, Consumer lot, and Commercial loT. The industrial IoT segment dominated the market because industrial IoT applications are typically characterized by high data rates and long-range requirements, which are well-suited to wireless technologies such as Wi-Fi and ZigBee.

    Get more detailed insights about Wireless IoT Sensors Market Research Report - Global Forecast till 2032

    Regional Insights

    Segmented by region, the study provides market insights for North America, Europe, Asia Pacific and Rest of the World. The North American Wireless IoT Sensors market will dominate this market due to well-developed infrastructure conducive to adopting IoT technology. This includes a reliable power grid, a robust telecommunications network, and many data centers.

    In addition, major countries examined in the report market include the United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil.

    Figure 2: WIRELESS IoT SENSORS MARKET SHARE BY REGION, (USD Billion)

    WIRELESS IoT SENSORS MARKET SHARE BY REGION,

    Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

    Europe's Wireless IoT Sensors market accounts for the second-largest market share due to the high level of innovation and the presence of a large number of tech companies.. Further, the German Wireless IoT Sensors market held the largest market share, and the UK Wireless IoT Sensors market was the largest growing market in the European Region.

    The Asia-Pacific Wireless IoT Sensors Market is witnessing to grow at the fastest CAGR from 2024 to 2032. This is because governments in the Region support IoT technology and invest in its development. This is helping to create a favorable environment for the adoption of wireless IoT sensors. Moreover, China’s Wireless IoT Sensors market held the largest market share, and the Indian Wireless IoT Sensors market was the largest-growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading manufacturers are investing in research and development to expand their products that will help the wireless IoT sensors market grow further. Entrepreneurs are also undertaking various activities to expand their global footprint, and key business development activities include new product development, contract deals, joint venture mergers and acquisitions, increased investment and collaboration with other organizations. To grow and survive in a more competitive and changing business environment, the wireless IoT sensor industry must provide quality products.

    Manufacturing locally to minimize operational costs is one of the major business tactics manufacturers use in the global Wireless IoT Sensors industry to benefit clients and increase the market sector. The Wireless IoT Sensors industry has offered some of the most significant advantages in recent years.

    Dominant players in the Wireless IoT Sensors market, including Honeywell International Inc. (US), NXP Semiconductors (Netherlands), Omron Corporation (Japan), TDK Corporation (Japan), Broadcom Inc. (US), Analog Devices, Inc. (US), Murata Manufacturing Co., Ltd (Japan), FUJITSU (Japan), SmartThings Inc. (US), Texas Instruments Incorporated (US), STMicroelectronics (US), TE Connectivity (Switzerland), Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), and Sony Corporation (Japan)., and Other companies are trying to meet their business needs by investing in R&D activities.

    TE Connectivity is an American technology company headquartered in Switzerland that designs and manufactures connectors and sensors.TE Connectivity offers LVDT position sensors. These sensors provide standard and custom solutions based on hydraulic application requirements for ICT field equipment and machinery.

    Texas Instruments Corporation is an American technology company headquartered in Dallas, Texas, that designs and manufactures electronic devices and a variety of integrated circuits and sells them to electronics manufacturers and manufacturers worldwide. Texas Instruments (TI) presents the industry's first zero-slip Hall-effect current sensor. The TMCS1100 and TMCS1101 provide the lowest and highest accuracy in time and temperature while providing 3kVrms isolation, which is especially important for AC or DC high voltage systems such as drives, solar inverters, energy storage and power supplies.

    Key Companies in the Wireless IoT Sensors Market market include

    Industry Developments

    July 2020: Texas Instruments (TI) presents the industry's first zero-slip Hall-effect current sensor. The TMCS1100 and TMCS1101 provide the lowest and highest accuracy in time and temperature while providing 3kVrms isolation, which is particularly important for AC or DC high voltage systems such as motor drives, solar inverters, energy storage and power supplies.

    June 2020: TE Connectivity offers LVDT position sensors. These sensors provide standard and custom solutions based on hydraulic application requirements for ICT field equipment and machinery.

    Future Outlook

    Wireless IoT Sensors Market Future Outlook

    The Wireless IoT Sensors Market is projected to grow at a 24.91% CAGR from 2024 to 2035, driven by advancements in smart technology, increased demand for automation, and enhanced connectivity solutions.

    New opportunities lie in:

    • Develop specialized sensors for smart agriculture to optimize resource use and yield.
    • Invest in AI-driven analytics for real-time data processing and decision-making.
    • Create integrated solutions for industrial IoT to enhance operational efficiency and reduce downtime.

    By 2035, the Wireless IoT Sensors Market is expected to achieve substantial growth, solidifying its role in global technological advancements.

    Market Segmentation

    Wireless IoT Sensors Type Outlook

    • Image Sensor
    • Motion Sensor
    • Proximity Sensor
    • Pressure Sensor
    • Magnetometer
    • Humidity Sensor
    • Temperature Sensor
    • Touch Sensor
    • Accelerometer
    • Gyroscope
    • Flow Sensor
    • Others

    Wireless IoT Sensors Regional Outlook

    North America
    • US
    • Canada

    Wireless IoT Sensors Vertical Outlook

    • Industrial IoT
    • Consumer lot
    • Commercial loT

    Wireless IoT Sensors Component Outlook

    • Hardware
    • Service
    • Software

    Wireless IoT Sensors Technology Outlook

    • Wi-Fi
    • Bluetooth
    • ZigBee
    • NFC
    • Z-Wave
    • RFID
    • Others

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 9.2 billion
    Market Size 2024 USD 11.49 billion
    Market Size 2032 USD 68.1 billion
    Compound Annual Growth Rate (CAGR) 24.91% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Component, Type, Technology, Vertical and Region
    Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
    Countries Covered USA, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil
    Key Companies Profiled Honeywell International Inc. (US), NXP Semiconductors (Netherlands), Omron Corporation (Japan), TDK Corporation (Japan), Broadcom Inc. (US), Analog Devices, Inc. (US), Murata Manufacturing Co., Ltd (Japan), FUJITSU (Japan), SmartThings Inc. (US)
    Key Market Opportunities Demand for smartphones, home appliances, electronics, automobiles and defense equipment is increasing.
    Key Market Dynamics High demand for loT devices and communication networks in the energy and manufacturing industries.

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

    Leave a Comment

    FAQs

    How much is the Wireless IoT Sensors market?

    The Wireless IoT Sensors Market size was valued at USD 9.2 Billion in 2023.

    What is the growth rate of the Wireless IoT Sensors market?

    The global market is witnessed to grow at a CAGR of 24.91% during the forecast period, 2024-2032.

    Which Region witnessed the largest market share in the Wireless IoT Sensors market?

    North America witnessed the largest share of the global market

    Who are the dominant players in the Wireless IoT Sensors market?

    The dominant players in the market are Honeywell International Inc. (US), NXP Semiconductors (Netherlands), Omron Corporation (Japan), TDK Corporation (Japan), Broadcom Inc. (US), Analog Devices, Inc. (US), Murata Manufacturing Co., Ltd (Japan), FUJITSU (Japan), SmartThings Inc. (US).

    Which type led the Wireless IoT Sensors market?

    The temperature sensor category dominated the market in 2022.

    Which Vertical witnessed the largest market share in the Wireless IoT Sensors market?

    The Industrial IoT had the largest share of the global market.

    Wireless IoT Sensors Market Research Report - Global Forecast till 2032 Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study
    Chemicals and Materials