Australia Iot Devices Market Size & Outlook, 2025-2030
The iot devices market in Australia is expected to reach a projected revenue of US$ 4,287.3 million by 2030. A compound annual growth rate of 21.3% is expected of Australia iot devices market from 2025 to 2030.
The Australia iot devices market generated a revenue of USD 1,321.7 million in 2024 and is expected to reach USD 4,287.3 million by 2030.
The Australia market is expected to grow at a CAGR of 21.3% from 2025 to 2030.
In terms of segment, sensors was the largest revenue generating component in 2024.
Edge Devices is the most lucrative component segment registering the fastest growth during the forecast period.
Iot devices market data book summary
Market revenue in 2024
USD 1,321.7 million
Market revenue in 2030
USD 4,287.3 million
Growth rate
21.3% (CAGR from 2025 to 2030)
Largest segment
Sensors
Fastest growing segment
Edge Devices
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Sensors, Actuators, Processors, Edge Devices
Other key industry trends
In terms of revenue, Australia accounted for 1.9% of the global iot devices market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China iot devices market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 10,276.8 million by 2030.
Australia is increasingly investing in smart cities and urban innovation through the deployment of IoT technologies. This initiative includes funding for smart infrastructure such as connected lighting, traffic management, waste management, and sustainability projects.
In cities such as Sydney, Melbourne, and Brisbane, IoTenabled sensors are being used to monitor air quality, traffic congestion, and energy consumption to improve urban living and reduce environmental impact.
Australia’s agriculture sector is one of the primary beneficiaries of IoT adoption, with the government investing in smart farming technologies to improve productivity, resource management, and sustainability.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to IoT Devices Market Outlook will help companies and investors design strategic landscapes.
Sensors was the largest segment with a revenue share of 39.96% in 2024.
Horizon Databook has segmented the Australia iot devices market based on sensors, actuators, processors, edge devices covering the revenue growth of each sub-segment from 2018 to 2030.
Australia is increasingly investing in smart cities and urban innovation through the deployment of IoT technologies. This initiative includes funding for smart infrastructure such as connected lighting, traffic management, waste management, and sustainability projects.
In cities such as Sydney, Melbourne, and Brisbane, IoTenabled sensors are being used to monitor air quality, traffic congestion, and energy consumption to improve urban living and reduce environmental impact.
Australia’s agriculture sector is one of the primary beneficiaries of IoT adoption, with the government investing in smart farming technologies to improve productivity, resource management, and sustainability.
Australia Iot Devices Market Component Outlook (Revenue, USD Million , 2018-2030)
Sensors
Actuators
Processors
Edge Devices
Others
Australia Iot Devices Market End Use Outlook (Revenue, USD Million , 2018-2030)
Smart Home
Industrial IoT (IIoT)
Healthcare
Automotive and Transportation
Retail
Agriculture
Energy and Utilities
Smart Cities
Wearables
Consumer Electronics
Others
Australia Iot Devices Market Connectivity Outlook (Revenue, USD Million , 2018-2030)
Wi-Fi
Bluetooth
Zigbee
Cellular
RFID
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia IoT Devices Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia IoT Devices Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.