Remote Monitoring and Control Market Report 2026

The remote monitoring and control market size has grown strongly in recent years. It will grow from $30.38 billion in 2025 to $32.41 billion in 2026 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to industrial automation expansion, need for centralized process control, growth in oil and gas monitoring systems, adoption of scada based control architectures, demand for operational safety and efficiency.

The remote monitoring and control market size is expected to see strong growth in the next few years. It will grow to $42.18 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to growth of industrial iot deployments, increasing focus on predictive and condition based maintenance, expansion of smart infrastructure projects, rising adoption of cloud analytics platforms, need for remote asset management. Major trends in the forecast period include rising adoption of cloud based remote monitoring platforms, growing deployment of smart sensors and actuators, increasing use of predictive maintenance systems, expansion of remote operations in hazardous environments, rising demand for real time data visualization and alerts.

The increasing adoption of IoT is anticipated to drive the growth of the remote monitoring and control market in the coming years. IoT adoption refers to the extensive implementation and use of Internet of Things (IoT) technologies across various industries and sectors. The broad integration of IoT technologies, which facilitates seamless connectivity and communication among devices, fuels the expansion of remote monitoring and control solutions. For example, in April 2025, Ericsson, a Sweden-based telecommunications company, reported that global IoT connections reached 18.8 billion in 2024 and are projected to grow to 43 billion by 2030. Consequently, the rising adoption of IoT is propelling the growth of the remote monitoring and control market.

Key players in the remote monitoring and control market are concentrating on developing advanced technologies, such as automation platforms, to maintain their market position. For instance, in July 2024, Emerson, a US-based information technology solutions provider, launched Ovation 4.0, a major update to its automation platform, designed to enhance operational efficiency for utilities in the power and water sectors. This updated version introduces a software-defined architecture that utilizes data and artificial intelligence (AI). Ovation 4 addresses critical challenges faced by utilities by modernizing their operations, improving performance and availability, and enabling better management of a diverse portfolio of energy resources, both conventional and renewable.

In August 2025, Dover Corporation, a US-based provider of engineered equipment, components, digital solutions, and aftermarket services across industrial, energy, fueling, and processing sectors, acquired Site IQ LLC for an undisclosed amount. Through this acquisition, Dover intends to expand its remote monitoring and analytics capabilities for fueling infrastructure, enhancing its ability to offer integrated, IoT-enabled asset management and service solutions to retailers and service providers. Site IQ LLC is a US-based company specializing in industrial internet-of-things hardware and software solutions focused on remote monitoring of fueling sites and connected equipment.

Major companies operating in the remote monitoring and control market are Siemens AG, General Electric Company, Cisco Systems Inc., Mitsubishi Electric Corporation, Schneider Electric, Honeywell International Inc., ABB Ltd, Schlumberger Limited, Johnson Controls International plc, Larsen & Toubro Ltd., Eaton Corporation plc, Texas Instruments Incorporated, Nidec Corporation, Emerson Electric Co, Bosch Rexroth AG, Rockwell Automation Inc., OMRON Corporation, Fanuc Corporation, Teledyne Technologies Incorporated, Phoenix Contact GmbH & Co KG, Sensata Technologies Inc., Endress+Hauser Group Services AG, Yokogawa Electric Corporation, Advantech Co Ltd., National Instruments Corporation, Fuji Electric Co Ltd., ICONICS Inc., KROHNE Messtechnik GmbH, SICK AG, ProSoft Technology Inc., Novatech Measurements Limited, Toshiba Corporation.

Asia-Pacific was the largest region in the global remote monitoring and control market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global remote monitoring and control market during the forecast period. The regions covered in the remote monitoring and control market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the remote monitoring and control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The remote monitoring and control market consists of sales of sensors, detectors, actuators, modules, and other related products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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