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ABSTRACT Delta‐E effect‐based magnetoelectric sensors have emerged as promising technology for detecting weak magnetic fields at low frequencies. However, the performance of such sensors remains difficult to predict, as signal and noise characteristics are dictated by interdependent parameters such as magnetic layer geometry, magnetic microstructure, and loss. In this work, we present a systematic experimental study of sub‐mm‐sized delta‐E effect sensors, comprising 24 device configurations that vary in magnetic layer thickness and lateral dimensions. The sensors are statistically analyzed to identify the influence of magnetic layer geometry on performance through a combination of measurements and simulations. Our findings reveal three distinct operation regimes—dominated by electronic noise, magnetic noise, and nonlinearities—whose boundaries shift systematically with magnetic layer thickness. This regime behavior governs the trade‐offs between sensitivity and noise, ultimately determining the sensor's limit of detection. Based on these results, the dependency of the regime boundaries on key device parameters is discussed in detail, providing fundamental insights for tailoring sensor performance. As such, this study establishes a necessary foundation for targeted performance optimization and the scalable design of advanced delta‐E effect sensor systems.