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Telemetry Market Size, Share and Forecast 2026-2036

The global telemetry market is worth USD 15.1 bn in 2026 and is forecast to reach USD 34.2 bn by 2036, growing at a 8.5% CAGR. United States is the largest country market and Hardware and sensors is the largest by component segment.

USD 15.1 bnMarket size 2026
USD 34.2 bnForecast 2036
8.5%CAGR 2026-2036
United StatesLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global telemetry market is worth USD 15.1 bn in 2026 and is forecast to reach USD 34.2 bn by 2036, growing at a 8.5% CAGR. United States is the largest country market and Hardware and sensors is the largest by component segment.

ScopeSystems that measure and transmit data from remote assets and equipment, including industrial, utility, oil and gas and environmental telemetry units, modems and platforms.
IndustryIndustrial Automation
Value 2025USD 14.0 bn
Value 2026USD 15.1 bn
Value 2036USD 34.2 bn
CAGR 2026-20368.5%
Volume 202691.3 million units
Volume 2036196 million units
Average price 2026USD 166 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

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Telemetry market size and forecast, 2026-2036

Exhibit 1The global telemetry market is forecast to grow from USD 15.1 bn in 2026 to USD 34.2 bn by 2036, more than doublingGlobal market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 8.5%
Telemetry market value, 2025 to 2036Market value by year. 2025: USD 14.0 bn; 2026: USD 15.1 bn; 2027: USD 16.4 bn; 2028: USD 17.8 bn; 2029: USD 19.3 bn; 2030: USD 21.0 bn; 2031: USD 22.7 bn; 2032: USD 24.7 bn; 2033: USD 26.8 bn; 2034: USD 29.0 bn; 2035: USD 31.5 bn; 2036: USD 34.2 bn. Compound annual growth rate 2026 to 2036: 8.5%.202515.1 bn202622.7 bn203134.2 bn20368.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 15.1 bn
2027USD 16.4 bn
2028USD 17.8 bn
2029USD 19.3 bn
2030USD 21.0 bn
2031USD 22.7 bn
2032USD 24.7 bn
2033USD 26.8 bn
2034USD 29.0 bn
2035USD 31.5 bn
2036USD 34.2 bn

Telemetry market segmentation

By component

Exhibit 2Hardware and sensors is the largest segment by component, with 56.0% of 2026 revenueEstimated share of 2026 global revenue, by component
Telemetry market share by component, 2026Share of 2026 revenue by component. Hardware and sensors: 56.0%; Software and services: 24.0%; Connectivity and modems: 20.0%.Hardware and sensors56.0%Software and services24.0%Connectivity and modems20.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Hardware and sensors56.0%48.3%USD 8.5 bn6.9%
Connectivity and modems20.0%18.9%USD 3.0 bn7.9%
Software and services24.0%32.7%USD 3.6 bn11.9%

By end use

Exhibit 3Utilities and water adds the most revenue by end use, growing from USD 3.9 bn in 2026 to USD 9.5 bn by 2036Estimated revenue in USD by end use, 2026 and 2036 forecast
Telemetry market by end use, 2026 and 2036Revenue by end use in 2026 and 2036. Utilities and water: USD 3.9 bn in 2026, USD 9.5 bn in 2036, change +140%; Industrial and manufacturing: USD 3.3 bn in 2026, USD 7.6 bn in 2036, change +130%; Oil and gas: USD 3.6 bn in 2026, USD 6.9 bn in 2036, change +91%; Transportation and logistics: USD 2.4 bn in 2026, USD 5.8 bn in 2036, change +140%; Others: USD 1.8 bn in 2026, USD 4.4 bn in 2036, change +140%.20262036 forecastChangeUtilities and water+140%3.9 bn9.5 bnIndustrial and manufacturing+130%3.3 bn7.6 bnOil and gas+91%3.6 bn6.9 bnTransportation and logistics+140%2.4 bn5.8 bnOthers+140%1.8 bn4.4 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Oil and gas24.0%20.2%USD 3.6 bn6.7%
Utilities and water26.0%27.6%USD 3.9 bn9.2%
Industrial and manufacturing22.0%22.3%USD 3.3 bn8.7%
Transportation and logistics16.0%17.0%USD 2.4 bn9.2%
Others12.0%12.8%USD 1.8 bn9.2%

By connectivity

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Cellular36.0%40.0%USD 5.4 bn9.7%
Satellite14.0%16.0%USD 2.1 bn10.0%
Low-power wide-area14.0%19.0%USD 2.1 bn11.9%
Radio and RF24.0%18.0%USD 3.6 bn5.4%
Wired and other12.0%7.0%USD 1.8 bn2.8%

By deployment

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
On-premises38.0%29.0%USD 5.7 bn5.6%
Hybrid22.0%22.0%USD 3.3 bn8.5%
Cloud40.0%49.0%USD 6.0 bn10.7%

By measurement type

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Pressure and flow30.0%28.0%USD 4.5 bn7.8%
Temperature and level24.0%23.0%USD 3.6 bn8.0%
Electrical and energy26.0%27.0%USD 3.9 bn8.9%
Environmental and location20.0%22.0%USD 3.0 bn9.5%

Top 25 countries for telemetry by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 84.0% of 2026 revenue and the 25 countries below together hold 95.5%.

Exhibit 4United States is the largest country market at USD 4.5 bn in 2026, and the three largest countries hold 54.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Telemetry market, ten largest countries in 2026Ten largest countries by 2026 revenue. United States: USD 4.5 bn, 30.0%; China: USD 2.6 bn, 17.0%; Germany: USD 1.1 bn, 7.0%; Japan: USD 907 mn, 6.0%; India: USD 756 mn, 5.0%; United Kingdom: USD 756 mn, 5.0%; Canada: USD 605 mn, 4.0%; France: USD 605 mn, 4.0%; Brazil: USD 454 mn, 3.0%; Australia: USD 454 mn, 3.0%.United States4.5 bn 30.0%China2.6 bn 17.0%Germany1.1 bn 7.0%Japan907 mn 6.0%India756 mn 5.0%United Kingdom756 mn 5.0%Canada605 mn 4.0%France605 mn 4.0%Brazil454 mn 3.0%Australia454 mn 3.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1United StatesUSD 4.5 bn30.0%USD 9.5 bn7.7%
2ChinaUSD 2.6 bn17.0%USD 6.8 bn10.2%
3GermanyUSD 1.1 bn7.0%USD 2.1 bn7.2%
4JapanUSD 907 mn6.0%USD 1.6 bn6.1%
5IndiaUSD 756 mn5.0%USD 2.4 bn12.2%
6United KingdomUSD 756 mn5.0%USD 1.6 bn7.6%
7CanadaUSD 605 mn4.0%USD 1.2 bn7.1%
8FranceUSD 605 mn4.0%USD 1.2 bn7.1%
9BrazilUSD 454 mn3.0%USD 1.1 bn9.5%
10AustraliaUSD 454 mn3.0%USD 991 mn8.1%
11RussiaUSD 215 mn1.4%USD 451 mn7.7%
12MexicoUSD 168 mn1.1%USD 410 mn9.3%
13ItalyUSD 147 mn1.0%USD 315 mn7.9%
14SpainUSD 132 mn0.9%USD 284 mn8.0%
15NetherlandsUSD 122 mn0.8%USD 263 mn8.0%
16Saudi ArabiaUSD 115 mn0.8%USD 280 mn9.3%
17South KoreaUSD 109 mn0.7%USD 232 mn7.9%
18United Arab EmiratesUSD 103 mn0.7%USD 253 mn9.4%
19NorwayUSD 100 mn0.7%USD 215 mn8.0%
20TurkeyUSD 95 mn0.6%USD 232 mn9.3%
21ArgentinaUSD 92 mn0.6%USD 226 mn9.4%
22IndonesiaUSD 89 mn0.6%USD 219 mn9.4%
23PolandUSD 88 mn0.6%USD 212 mn9.2%
24ColombiaUSD 85 mn0.6%USD 209 mn9.4%
25South AfricaUSD 83 mn0.6%USD 202 mn9.3%
Rest of worldUSD 677 mn4.5%USD 1.6 bn9.2%
Exhibit 5United States and China account for 48% of the USD 19.1 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Telemetry market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 15.1 bn. United States: +USD 5.0 bn; China: +USD 4.2 bn; India: +USD 1.6 bn; Germany: +USD 1.1 bn; United Kingdom: +USD 817 mn; 20 other countries: +USD 5.4 bn; Rest of world: +USD 960 mn. Market value 2036: USD 34.2 bn.Market value 202615.1 bnUnited States+5.0 bnChina+4.2 bnIndia+1.6 bnGermany+1.1 bnUnited Kingdom+817 mn20 other countries+5.4 bnRest of world+960 mnMarket value 203634.2 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Emerson
  • ABB
  • Siemens
  • Honeywell
  • Schneider Electric
  • Rockwell Automation
  • Xylem

Group 2: Regional and specialist players

  • Yokogawa
  • Kongsberg
  • Campbell Scientific
  • Itron
  • Landis+Gyr
  • Red Lion Controls
  • Banner Engineering
  • Semtech
  • Telit Cinterion

Group 3: Emerging and niche players

  • Ovarro
  • Digi International
  • Lantronix
  • Aeris Communications
  • Particle

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the telemetry market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 8.5% is calculated from the resulting values.

The market is divided by component, by end use, by connectivity, by deployment, by measurement type. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the telemetry market?

The global telemetry market is estimated at USD 14.0 bn in 2025 and USD 15.1 bn in 2026.

How fast will the telemetry market grow?

It is forecast to reach USD 34.2 bn by 2036, a compound annual growth rate of 8.5% from 2026, an increase of USD 19.1 bn.

Which country is the largest market for telemetry?

United States is the largest market by revenue at USD 4.5 bn in 2026, 30.0% of the global total. The three largest countries together hold 54.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 12.2% a year from 2026 to 2036.

Which telemetry segment is largest?

In the by component split, Hardware and sensors is the largest segment with 56.0% of 2026 revenue.

Who are the leading telemetry companies?

Global leaders include Emerson, ABB, Siemens, Honeywell.

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