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.
| Scope | Systems that measure and transmit data from remote assets and equipment, including industrial, utility, oil and gas and environmental telemetry units, modems and platforms. |
|---|---|
| Industry | Industrial Automation |
| Value 2025 | USD 14.0 bn |
| Value 2026 | USD 15.1 bn |
| Value 2036 | USD 34.2 bn |
| CAGR 2026-2036 | 8.5% |
| Volume 2026 | 91.3 million units |
| Volume 2036 | 196 million units |
| Average price 2026 | USD 166 per unit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Telemetry market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 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 |
Telemetry market segmentation
By component
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Hardware and sensors | 56.0% | 48.3% | USD 8.5 bn | 6.9% |
| Connectivity and modems | 20.0% | 18.9% | USD 3.0 bn | 7.9% |
| Software and services | 24.0% | 32.7% | USD 3.6 bn | 11.9% |
By end use
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Oil and gas | 24.0% | 20.2% | USD 3.6 bn | 6.7% |
| Utilities and water | 26.0% | 27.6% | USD 3.9 bn | 9.2% |
| Industrial and manufacturing | 22.0% | 22.3% | USD 3.3 bn | 8.7% |
| Transportation and logistics | 16.0% | 17.0% | USD 2.4 bn | 9.2% |
| Others | 12.0% | 12.8% | USD 1.8 bn | 9.2% |
By connectivity
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Cellular | 36.0% | 40.0% | USD 5.4 bn | 9.7% |
| Satellite | 14.0% | 16.0% | USD 2.1 bn | 10.0% |
| Low-power wide-area | 14.0% | 19.0% | USD 2.1 bn | 11.9% |
| Radio and RF | 24.0% | 18.0% | USD 3.6 bn | 5.4% |
| Wired and other | 12.0% | 7.0% | USD 1.8 bn | 2.8% |
By deployment
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| On-premises | 38.0% | 29.0% | USD 5.7 bn | 5.6% |
| Hybrid | 22.0% | 22.0% | USD 3.3 bn | 8.5% |
| Cloud | 40.0% | 49.0% | USD 6.0 bn | 10.7% |
By measurement type
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Pressure and flow | 30.0% | 28.0% | USD 4.5 bn | 7.8% |
| Temperature and level | 24.0% | 23.0% | USD 3.6 bn | 8.0% |
| Electrical and energy | 26.0% | 27.0% | USD 3.9 bn | 8.9% |
| Environmental and location | 20.0% | 22.0% | USD 3.0 bn | 9.5% |
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%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | United States | USD 4.5 bn | 30.0% | USD 9.5 bn | 7.7% |
| 2 | China | USD 2.6 bn | 17.0% | USD 6.8 bn | 10.2% |
| 3 | Germany | USD 1.1 bn | 7.0% | USD 2.1 bn | 7.2% |
| 4 | Japan | USD 907 mn | 6.0% | USD 1.6 bn | 6.1% |
| 5 | India | USD 756 mn | 5.0% | USD 2.4 bn | 12.2% |
| 6 | United Kingdom | USD 756 mn | 5.0% | USD 1.6 bn | 7.6% |
| 7 | Canada | USD 605 mn | 4.0% | USD 1.2 bn | 7.1% |
| 8 | France | USD 605 mn | 4.0% | USD 1.2 bn | 7.1% |
| 9 | Brazil | USD 454 mn | 3.0% | USD 1.1 bn | 9.5% |
| 10 | Australia | USD 454 mn | 3.0% | USD 991 mn | 8.1% |
| 11 | Russia | USD 215 mn | 1.4% | USD 451 mn | 7.7% |
| 12 | Mexico | USD 168 mn | 1.1% | USD 410 mn | 9.3% |
| 13 | Italy | USD 147 mn | 1.0% | USD 315 mn | 7.9% |
| 14 | Spain | USD 132 mn | 0.9% | USD 284 mn | 8.0% |
| 15 | Netherlands | USD 122 mn | 0.8% | USD 263 mn | 8.0% |
| 16 | Saudi Arabia | USD 115 mn | 0.8% | USD 280 mn | 9.3% |
| 17 | South Korea | USD 109 mn | 0.7% | USD 232 mn | 7.9% |
| 18 | United Arab Emirates | USD 103 mn | 0.7% | USD 253 mn | 9.4% |
| 19 | Norway | USD 100 mn | 0.7% | USD 215 mn | 8.0% |
| 20 | Turkey | USD 95 mn | 0.6% | USD 232 mn | 9.3% |
| 21 | Argentina | USD 92 mn | 0.6% | USD 226 mn | 9.4% |
| 22 | Indonesia | USD 89 mn | 0.6% | USD 219 mn | 9.4% |
| 23 | Poland | USD 88 mn | 0.6% | USD 212 mn | 9.2% |
| 24 | Colombia | USD 85 mn | 0.6% | USD 209 mn | 9.4% |
| 25 | South Africa | USD 83 mn | 0.6% | USD 202 mn | 9.3% |
| Rest of world | USD 677 mn | 4.5% | USD 1.6 bn | 9.2% |
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.
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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