IoT Sensors Market Size to Reach USD 191.04 Billion by

From GlobeNewswire: 2025-04-01 09:00:00

The IoT Sensors Market is projected to reach USD 191.04 Billion by 2032 with a CAGR of 35.3%. Leading players include Texas Instruments, TE Connectivity, STMicroelectronics, and more. The market is driven by AI and edge computing integration, shaping industries like healthcare, automotive, and smart homes. 5G and advanced machine learning are revolutionizing IoT applications.

Motion sensors led the IoT sensors market in 2023, while light sensors are the fastest-growing segment. Companies like STMicroelectronics and Analog Devices are driving innovation. Consumer electronics and automotive & transportation are key end-use segments, with IoT sensors playing a crucial role in automation, energy efficiency, and user experience.

North America dominated the IoT sensors market in 2023, while Asia Pacific is the fastest-growing region with a 38% CAGR. Recent developments include Texas Instruments’ AI-enhanced MCUs and Avnet’s IoTConnect platform. The market report covers market dynamics, competitive landscape, regional analysis, and company profiles. SNS Insider provides accurate market data and insights to help clients make confident decisions.



Read more at GlobeNewswire: IoT Sensors Market Size to Reach USD 191.04 Billion by