In this manuscript, the development of SMART sensing technology for applying in the industrial sector has been described. Specifically, the ten S-curve industries of Thailand, according to the 20 years national strategy (from 2018 to 2037), have been emphasized. However, the integration between the SMART sensing technology and the internet of things (IoT) has been considered as an important key for the development of modern sensing technology. The optical fiber sensor technology (OFS) is, consequently, one of the most widely utilized sensors nowadays, due to its superior aspects as compared to other conventional sensors. Moreover, this could be seen from the researches in precision measurements, for examples, the fiber optic sensor for leak detection of methane pipeline, development of continuous biogas measurement system based on OFS, and also the non-invasive fiber optic blood pressure monitoring device, etc. In addition, the artificial intelligence (AI) could be employed as a tool which enhances the performance of the OFS system, as seen with the examples of the artificial neural network (ANN) development in source localization through the fiber optic sensing array, incorporation of the fiber optic sensor and IoT to remotely monitor the structural safety of underground mine, machine learning for assisting the OFS in the prediction of gas generation, and so on. This, thus, improves the OFS into the more intelligent sensing devices. Furthermore, the distinctive points of the presented technologies have been reviewed, with capabilities for the modern applications, which could lead to the future national emergence into “Thailand industry 4.0”.