Key Insights
The AI in IoT market is experiencing robust growth, projected to reach a substantial size driven by the increasing adoption of smart devices and the need for advanced data analytics. The market's Compound Annual Growth Rate (CAGR) of 7.86% from 2019-2033 indicates a consistent upward trajectory. Key drivers include the rising demand for predictive maintenance in industries like manufacturing and energy, the need for enhanced security and fraud detection in BFSI, and the proliferation of connected devices generating massive datasets requiring intelligent processing. Furthermore, advancements in machine learning algorithms and cloud computing are enabling more sophisticated AI-powered IoT solutions. The market is segmented by device management services, professional services (software), end-user verticals (BFSI, IT & Telecom, Energy & Utilities, Healthcare, Manufacturing, and others), and components (platform). North America currently holds a significant market share due to early adoption and strong technological infrastructure, but the Asia-Pacific region is poised for significant growth in the coming years fueled by rapid digitalization and expanding industrial sectors. Competitive pressures are high, with major technology companies like IBM, Google, Microsoft, and Amazon competing alongside specialized players. The restraints to growth include concerns regarding data privacy and security, high implementation costs, and the complexity of integrating AI and IoT technologies. The market's continued expansion is contingent upon addressing these challenges and fostering greater trust in AI-driven IoT applications.
The forecast period (2025-2033) is expected to witness significant expansion across all segments, with the BFSI and IT & Telecom sectors leading the charge. Platform components will remain crucial, providing the foundational architecture for AI-powered IoT solutions. Growth will be fueled by the increasing deployment of AI-powered solutions in smart cities, industrial automation, and the healthcare sector. Strategic partnerships between technology providers and industry players will play a vital role in driving market penetration and adoption. Ongoing innovation in edge computing and low-power wide-area networks (LPWAN) will further enhance the capabilities and scalability of AI in IoT systems, creating new opportunities for growth and market expansion. Market participants are expected to focus on developing secure and scalable solutions tailored to specific industry needs to gain a competitive advantage.

AI in IoT Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the AI in IoT market, offering invaluable insights for stakeholders across the value chain. Covering the period 2019-2033, with a focus on 2025, this report delves into market concentration, innovation, trends, dominant segments, product developments, and future growth prospects. The report quantifies market sizes in Millions and includes detailed segmentations to facilitate informed decision-making.
AI in IoT Market Market Concentration & Innovation
This section analyzes the competitive landscape of the AI in IoT market, examining market concentration, innovation drivers, regulatory influences, and mergers & acquisitions (M&A) activity. The report assesses the market share held by key players such as Autoplant Systems India Pvt Ltd, SAS Institute Inc, IBM Corporation, Google LLC (Alphabet Inc), Salesforce.com Inc, Microsoft Corporation, PTC Inc, Oracle Corporation, Hitachi Ltd, General Electric Company, Amazon Web Services Inc (Amazon Inc), and SAP SE.
The analysis includes:
- Market Concentration: Evaluation of market share distribution among leading players, identifying dominant firms and assessing the level of competition. (xx% market share held by top 5 players in 2025, estimated).
- Innovation Drivers: Examination of factors driving innovation, including advancements in AI algorithms, IoT device capabilities, and cloud computing infrastructure.
- Regulatory Frameworks: Assessment of the impact of government regulations and standards on market growth and adoption.
- Product Substitutes: Identification of alternative technologies that could potentially disrupt the market.
- End-User Trends: Analysis of evolving end-user demands and preferences influencing market dynamics.
- M&A Activities: Review of recent mergers and acquisitions, including deals such as Accenture's acquisition of Flutura in March 2023, and Servify's acquisition of Jubi.ai in January 2023, examining their impact on market consolidation and competitive positioning. (Total M&A deal value in 2024 estimated at xx Million).
AI in IoT Market Industry Trends & Insights
This section explores key trends and insights shaping the AI in IoT market. We analyze market growth drivers, technological disruptions, consumer preferences, and competitive dynamics, including CAGR and market penetration rates across various segments. The report details the impact of factors such as increasing data volumes, the proliferation of smart devices, and the rising demand for enhanced operational efficiency and predictive analytics on market expansion. We project a Compound Annual Growth Rate (CAGR) of xx% during the forecast period (2025-2033), with market penetration reaching xx% by 2033. Specific details on factors influencing market growth will be provided.

Dominant Markets & Segments in AI in IoT Market
This section identifies the leading regions, countries, and segments within the AI in IoT market. We provide a detailed analysis of Device Management (Services), Professional Services (Software), and various end-user verticals (Banking, Financial Services, and Insurance (BFSI); IT and Telecom; Energy and Utilities; Healthcare; Manufacturing; Other End-user Verticals (Transport and Mobility, Government, and Retail); and By Component (Platform).
Key Drivers (Examples):
- BFSI: Increasing adoption of AI-powered fraud detection and risk management systems.
- Manufacturing: Growing demand for predictive maintenance and optimized production processes.
- Healthcare: Expansion of remote patient monitoring and AI-driven diagnostics.
- Platform Component: Increased preference for scalable and flexible AI/IoT platforms enabling rapid application deployment.
Dominance Analysis: The report will detail which specific segments and geographical regions show the highest growth and market share, supported by detailed analysis of market drivers. (For example, North America may be highlighted as a leading region due to xx).
AI in IoT Market Product Developments
This section summarizes recent innovations in AI/IoT products, highlighting key technological advancements and their competitive advantages. We discuss how new applications are driving market growth and emphasize the integration of technologies such as machine learning, deep learning, and computer vision to improve efficiency, security, and decision-making capabilities across diverse sectors.
Report Scope & Segmentation Analysis
This report segments the AI in IoT market by:
- Device Management: Services – Growth projections, market size, and competitive landscape for device management services will be detailed.
- Professional Services: Software – This section will analyze the market for software solutions supporting AI in IoT.
- End-user Verticals: BFSI, IT and Telecom, Energy and Utilities, Healthcare, Manufacturing, and Other End-user Verticals (Transport and Mobility, Government, and Retail) - Individual analysis of market size, growth projections, and competitive dynamics within each vertical.
- Component: Platform – A detailed analysis of platform-based solutions, market dynamics, growth projections, and competitive landscape will be provided.
Key Drivers of AI in IoT Market Growth
The growth of the AI in IoT market is driven by several factors:
- Technological Advancements: Improvements in AI algorithms, sensor technology, and communication protocols.
- Economic Factors: Increased ROI from AI/IoT deployments across various industries, driving adoption.
- Regulatory Support: Government initiatives and investments in digital infrastructure are boosting market expansion.
Challenges in the AI in IoT Market Sector
Challenges hindering market growth include:
- Regulatory Hurdles: Data privacy concerns and evolving regulations pose obstacles to data collection and usage.
- Supply Chain Issues: Supply chain disruptions can impact the availability of IoT devices and AI components.
- Competitive Pressures: Intense competition among technology providers and service providers puts pressure on pricing and profitability.
Emerging Opportunities in AI in IoT Market
Emerging opportunities in the AI in IoT market include:
- New Market Applications: Expansion into emerging sectors such as smart agriculture, smart cities, and industrial automation.
- Technological Advancements: Advancements in edge computing, 5G connectivity, and blockchain technology unlock new capabilities.
- Consumer Preferences: Increasing demand for personalized experiences and seamless connectivity creates demand.
Leading Players in the AI in IoT Market Market
- Autoplant Systems India Pvt Ltd
- SAS Institute Inc
- IBM Corporation
- Google LLC (Alphabet Inc)
- Salesforce.com Inc
- Microsoft Corporation
- PTC Inc
- Oracle Corporation
- Hitachi Ltd
- General Electric Company
- Amazon Web Services Inc (Amazon Inc)
- SAP SE
Key Developments in AI in IoT Market Industry
- September 2023: BMW Group and Amazon Web Services (AWS) extend their partnership to integrate AI and IoT capabilities in new vehicles, leveraging AWS's cloud infrastructure and AI tools for advanced driver assistance systems (ADAS).
- March 2023: Accenture acquires Flutura, expanding its industrial AI services offerings.
- January 2023: Servify acquires Jubi.ai, an AI-driven engagement platform, enhancing its device management capabilities.
Strategic Outlook for AI in IoT Market Market
The AI in IoT market is poised for significant growth, driven by ongoing technological advancements, expanding applications across various industries, and supportive government policies. The convergence of AI and IoT is creating new opportunities for efficiency gains, cost reduction, and improved decision-making. This presents a substantial market opportunity for technology providers, service providers, and end-users alike. The market is expected to continue its rapid expansion throughout the forecast period, driven by the factors outlined previously.
AI in IoT Market Segmentation
-
1. Component
- 1.1. Platform
- 1.2. Services
- 1.3. Software
-
2. End-user Vertical
- 2.1. Banking, Financial Services, and Insurance (BFSI)
- 2.2. IT and Telecom
- 2.3. Energy and Utilities
- 2.4. Healthcare
- 2.5. Manufacturing
- 2.6. Other
AI in IoT Market Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. Latin America
- 5. Middle East and Africa

AI in IoT Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.86% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Rising Big Data Volume; Effective Management of Data Generated From IoT Devices to Gain Valuable Insights
- 3.3. Market Restrains
- 3.3.1. Data Security and Privacy Issues
- 3.4. Market Trends
- 3.4.1. Healthcare Sector Expected to Witness Robust Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Component
- 5.1.1. Platform
- 5.1.2. Services
- 5.1.3. Software
- 5.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 5.2.1. Banking, Financial Services, and Insurance (BFSI)
- 5.2.2. IT and Telecom
- 5.2.3. Energy and Utilities
- 5.2.4. Healthcare
- 5.2.5. Manufacturing
- 5.2.6. Other
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Component
- 6. North America AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Component
- 6.1.1. Platform
- 6.1.2. Services
- 6.1.3. Software
- 6.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 6.2.1. Banking, Financial Services, and Insurance (BFSI)
- 6.2.2. IT and Telecom
- 6.2.3. Energy and Utilities
- 6.2.4. Healthcare
- 6.2.5. Manufacturing
- 6.2.6. Other
- 6.1. Market Analysis, Insights and Forecast - by Component
- 7. Europe AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Component
- 7.1.1. Platform
- 7.1.2. Services
- 7.1.3. Software
- 7.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 7.2.1. Banking, Financial Services, and Insurance (BFSI)
- 7.2.2. IT and Telecom
- 7.2.3. Energy and Utilities
- 7.2.4. Healthcare
- 7.2.5. Manufacturing
- 7.2.6. Other
- 7.1. Market Analysis, Insights and Forecast - by Component
- 8. Asia Pacific AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Component
- 8.1.1. Platform
- 8.1.2. Services
- 8.1.3. Software
- 8.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 8.2.1. Banking, Financial Services, and Insurance (BFSI)
- 8.2.2. IT and Telecom
- 8.2.3. Energy and Utilities
- 8.2.4. Healthcare
- 8.2.5. Manufacturing
- 8.2.6. Other
- 8.1. Market Analysis, Insights and Forecast - by Component
- 9. Latin America AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Component
- 9.1.1. Platform
- 9.1.2. Services
- 9.1.3. Software
- 9.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 9.2.1. Banking, Financial Services, and Insurance (BFSI)
- 9.2.2. IT and Telecom
- 9.2.3. Energy and Utilities
- 9.2.4. Healthcare
- 9.2.5. Manufacturing
- 9.2.6. Other
- 9.1. Market Analysis, Insights and Forecast - by Component
- 10. Middle East and Africa AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Component
- 10.1.1. Platform
- 10.1.2. Services
- 10.1.3. Software
- 10.2. Market Analysis, Insights and Forecast - by End-user Vertical
- 10.2.1. Banking, Financial Services, and Insurance (BFSI)
- 10.2.2. IT and Telecom
- 10.2.3. Energy and Utilities
- 10.2.4. Healthcare
- 10.2.5. Manufacturing
- 10.2.6. Other
- 10.1. Market Analysis, Insights and Forecast - by Component
- 11. North America AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1 United States
- 11.1.2 Canada
- 11.1.3 Mexico
- 12. Europe AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1 Germany
- 12.1.2 United Kingdom
- 12.1.3 France
- 12.1.4 Spain
- 12.1.5 Italy
- 12.1.6 Spain
- 12.1.7 Belgium
- 12.1.8 Netherland
- 12.1.9 Nordics
- 12.1.10 Rest of Europe
- 13. Asia Pacific AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1 China
- 13.1.2 Japan
- 13.1.3 India
- 13.1.4 South Korea
- 13.1.5 Southeast Asia
- 13.1.6 Australia
- 13.1.7 Indonesia
- 13.1.8 Phillipes
- 13.1.9 Singapore
- 13.1.10 Thailandc
- 13.1.11 Rest of Asia Pacific
- 14. South America AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 14.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 14.1.1 Brazil
- 14.1.2 Argentina
- 14.1.3 Peru
- 14.1.4 Chile
- 14.1.5 Colombia
- 14.1.6 Ecuador
- 14.1.7 Venezuela
- 14.1.8 Rest of South America
- 15. North America AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 15.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 15.1.1 United States
- 15.1.2 Canada
- 15.1.3 Mexico
- 16. MEA AI in IoT Market Analysis, Insights and Forecast, 2019-2031
- 16.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 16.1.1 United Arab Emirates
- 16.1.2 Saudi Arabia
- 16.1.3 South Africa
- 16.1.4 Rest of Middle East and Africa
- 17. Competitive Analysis
- 17.1. Global Market Share Analysis 2024
- 17.2. Company Profiles
- 17.2.1 Autoplant Systems India Pvt Ltd
- 17.2.1.1. Overview
- 17.2.1.2. Products
- 17.2.1.3. SWOT Analysis
- 17.2.1.4. Recent Developments
- 17.2.1.5. Financials (Based on Availability)
- 17.2.2 SAS Institute Inc
- 17.2.2.1. Overview
- 17.2.2.2. Products
- 17.2.2.3. SWOT Analysis
- 17.2.2.4. Recent Developments
- 17.2.2.5. Financials (Based on Availability)
- 17.2.3 IBM Corporation
- 17.2.3.1. Overview
- 17.2.3.2. Products
- 17.2.3.3. SWOT Analysis
- 17.2.3.4. Recent Developments
- 17.2.3.5. Financials (Based on Availability)
- 17.2.4 Google LLC (Alphabet Inc )
- 17.2.4.1. Overview
- 17.2.4.2. Products
- 17.2.4.3. SWOT Analysis
- 17.2.4.4. Recent Developments
- 17.2.4.5. Financials (Based on Availability)
- 17.2.5 Salesforce com Inc
- 17.2.5.1. Overview
- 17.2.5.2. Products
- 17.2.5.3. SWOT Analysis
- 17.2.5.4. Recent Developments
- 17.2.5.5. Financials (Based on Availability)
- 17.2.6 Microsoft Corporation
- 17.2.6.1. Overview
- 17.2.6.2. Products
- 17.2.6.3. SWOT Analysis
- 17.2.6.4. Recent Developments
- 17.2.6.5. Financials (Based on Availability)
- 17.2.7 PTC Inc
- 17.2.7.1. Overview
- 17.2.7.2. Products
- 17.2.7.3. SWOT Analysis
- 17.2.7.4. Recent Developments
- 17.2.7.5. Financials (Based on Availability)
- 17.2.8 Oracle Corporation
- 17.2.8.1. Overview
- 17.2.8.2. Products
- 17.2.8.3. SWOT Analysis
- 17.2.8.4. Recent Developments
- 17.2.8.5. Financials (Based on Availability)
- 17.2.9 Hitachi Ltd
- 17.2.9.1. Overview
- 17.2.9.2. Products
- 17.2.9.3. SWOT Analysis
- 17.2.9.4. Recent Developments
- 17.2.9.5. Financials (Based on Availability)
- 17.2.10 General Electric Company
- 17.2.10.1. Overview
- 17.2.10.2. Products
- 17.2.10.3. SWOT Analysis
- 17.2.10.4. Recent Developments
- 17.2.10.5. Financials (Based on Availability)
- 17.2.11 Amazon Web Services Inc (Amazon Inc )
- 17.2.11.1. Overview
- 17.2.11.2. Products
- 17.2.11.3. SWOT Analysis
- 17.2.11.4. Recent Developments
- 17.2.11.5. Financials (Based on Availability)
- 17.2.12 SAP SE
- 17.2.12.1. Overview
- 17.2.12.2. Products
- 17.2.12.3. SWOT Analysis
- 17.2.12.4. Recent Developments
- 17.2.12.5. Financials (Based on Availability)
- 17.2.1 Autoplant Systems India Pvt Ltd
List of Figures
- Figure 1: Global AI in IoT Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Global AI in IoT Market Volume Breakdown (K Unit, %) by Region 2024 & 2032
- Figure 3: North America AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 4: North America AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 5: North America AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 6: North America AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 7: Europe AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 8: Europe AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 9: Europe AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 10: Europe AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 11: Asia Pacific AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 12: Asia Pacific AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 13: Asia Pacific AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Asia Pacific AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 15: South America AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 16: South America AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 17: South America AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 18: South America AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 19: North America AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 20: North America AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 21: North America AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 22: North America AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 23: MEA AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 24: MEA AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 25: MEA AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 26: MEA AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 27: North America AI in IoT Market Revenue (Million), by Component 2024 & 2032
- Figure 28: North America AI in IoT Market Volume (K Unit), by Component 2024 & 2032
- Figure 29: North America AI in IoT Market Revenue Share (%), by Component 2024 & 2032
- Figure 30: North America AI in IoT Market Volume Share (%), by Component 2024 & 2032
- Figure 31: North America AI in IoT Market Revenue (Million), by End-user Vertical 2024 & 2032
- Figure 32: North America AI in IoT Market Volume (K Unit), by End-user Vertical 2024 & 2032
- Figure 33: North America AI in IoT Market Revenue Share (%), by End-user Vertical 2024 & 2032
- Figure 34: North America AI in IoT Market Volume Share (%), by End-user Vertical 2024 & 2032
- Figure 35: North America AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 36: North America AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 37: North America AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 38: North America AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 39: Europe AI in IoT Market Revenue (Million), by Component 2024 & 2032
- Figure 40: Europe AI in IoT Market Volume (K Unit), by Component 2024 & 2032
- Figure 41: Europe AI in IoT Market Revenue Share (%), by Component 2024 & 2032
- Figure 42: Europe AI in IoT Market Volume Share (%), by Component 2024 & 2032
- Figure 43: Europe AI in IoT Market Revenue (Million), by End-user Vertical 2024 & 2032
- Figure 44: Europe AI in IoT Market Volume (K Unit), by End-user Vertical 2024 & 2032
- Figure 45: Europe AI in IoT Market Revenue Share (%), by End-user Vertical 2024 & 2032
- Figure 46: Europe AI in IoT Market Volume Share (%), by End-user Vertical 2024 & 2032
- Figure 47: Europe AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 48: Europe AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 49: Europe AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 50: Europe AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 51: Asia Pacific AI in IoT Market Revenue (Million), by Component 2024 & 2032
- Figure 52: Asia Pacific AI in IoT Market Volume (K Unit), by Component 2024 & 2032
- Figure 53: Asia Pacific AI in IoT Market Revenue Share (%), by Component 2024 & 2032
- Figure 54: Asia Pacific AI in IoT Market Volume Share (%), by Component 2024 & 2032
- Figure 55: Asia Pacific AI in IoT Market Revenue (Million), by End-user Vertical 2024 & 2032
- Figure 56: Asia Pacific AI in IoT Market Volume (K Unit), by End-user Vertical 2024 & 2032
- Figure 57: Asia Pacific AI in IoT Market Revenue Share (%), by End-user Vertical 2024 & 2032
- Figure 58: Asia Pacific AI in IoT Market Volume Share (%), by End-user Vertical 2024 & 2032
- Figure 59: Asia Pacific AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 60: Asia Pacific AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 61: Asia Pacific AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 62: Asia Pacific AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 63: Latin America AI in IoT Market Revenue (Million), by Component 2024 & 2032
- Figure 64: Latin America AI in IoT Market Volume (K Unit), by Component 2024 & 2032
- Figure 65: Latin America AI in IoT Market Revenue Share (%), by Component 2024 & 2032
- Figure 66: Latin America AI in IoT Market Volume Share (%), by Component 2024 & 2032
- Figure 67: Latin America AI in IoT Market Revenue (Million), by End-user Vertical 2024 & 2032
- Figure 68: Latin America AI in IoT Market Volume (K Unit), by End-user Vertical 2024 & 2032
- Figure 69: Latin America AI in IoT Market Revenue Share (%), by End-user Vertical 2024 & 2032
- Figure 70: Latin America AI in IoT Market Volume Share (%), by End-user Vertical 2024 & 2032
- Figure 71: Latin America AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 72: Latin America AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 73: Latin America AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 74: Latin America AI in IoT Market Volume Share (%), by Country 2024 & 2032
- Figure 75: Middle East and Africa AI in IoT Market Revenue (Million), by Component 2024 & 2032
- Figure 76: Middle East and Africa AI in IoT Market Volume (K Unit), by Component 2024 & 2032
- Figure 77: Middle East and Africa AI in IoT Market Revenue Share (%), by Component 2024 & 2032
- Figure 78: Middle East and Africa AI in IoT Market Volume Share (%), by Component 2024 & 2032
- Figure 79: Middle East and Africa AI in IoT Market Revenue (Million), by End-user Vertical 2024 & 2032
- Figure 80: Middle East and Africa AI in IoT Market Volume (K Unit), by End-user Vertical 2024 & 2032
- Figure 81: Middle East and Africa AI in IoT Market Revenue Share (%), by End-user Vertical 2024 & 2032
- Figure 82: Middle East and Africa AI in IoT Market Volume Share (%), by End-user Vertical 2024 & 2032
- Figure 83: Middle East and Africa AI in IoT Market Revenue (Million), by Country 2024 & 2032
- Figure 84: Middle East and Africa AI in IoT Market Volume (K Unit), by Country 2024 & 2032
- Figure 85: Middle East and Africa AI in IoT Market Revenue Share (%), by Country 2024 & 2032
- Figure 86: Middle East and Africa AI in IoT Market Volume Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global AI in IoT Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global AI in IoT Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 3: Global AI in IoT Market Revenue Million Forecast, by Component 2019 & 2032
- Table 4: Global AI in IoT Market Volume K Unit Forecast, by Component 2019 & 2032
- Table 5: Global AI in IoT Market Revenue Million Forecast, by End-user Vertical 2019 & 2032
- Table 6: Global AI in IoT Market Volume K Unit Forecast, by End-user Vertical 2019 & 2032
- Table 7: Global AI in IoT Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Global AI in IoT Market Volume K Unit Forecast, by Region 2019 & 2032
- Table 9: Global AI in IoT Market Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Global AI in IoT Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 11: United States AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: United States AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 13: Canada AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Canada AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 15: Mexico AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Mexico AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 17: Global AI in IoT Market Revenue Million Forecast, by Country 2019 & 2032
- Table 18: Global AI in IoT Market Volume K Unit Forecast, by Country 2019 & 2032
- Table 19: Germany AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Germany AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 21: United Kingdom AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: United Kingdom AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 23: France AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: France AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 25: Spain AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 27: Italy AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Italy AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 29: Spain AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 35: Nordics AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: Nordics AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 37: Rest of Europe AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Rest of Europe AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 39: Global AI in IoT Market Revenue Million Forecast, by Country 2019 & 2032
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- Table 41: China AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: China AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 43: Japan AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 45: India AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 53: Indonesia AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 55: Phillipes AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 56: Phillipes AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 57: Singapore AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 61: Rest of Asia Pacific AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 73: Colombia AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 75: Ecuador AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 77: Venezuela AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 79: Rest of South America AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 83: United States AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 91: United Arab Emirates AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 93: Saudi Arabia AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 95: South Africa AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
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- Table 97: Rest of Middle East and Africa AI in IoT Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 98: Rest of Middle East and Africa AI in IoT Market Volume (K Unit) Forecast, by Application 2019 & 2032
- Table 99: Global AI in IoT Market Revenue Million Forecast, by Component 2019 & 2032
- Table 100: Global AI in IoT Market Volume K Unit Forecast, by Component 2019 & 2032
- Table 101: Global AI in IoT Market Revenue Million Forecast, by End-user Vertical 2019 & 2032
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- Table 103: Global AI in IoT Market Revenue Million Forecast, by Country 2019 & 2032
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Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the AI in IoT Market?
The projected CAGR is approximately 7.86%.
2. Which companies are prominent players in the AI in IoT Market?
Key companies in the market include Autoplant Systems India Pvt Ltd, SAS Institute Inc, IBM Corporation, Google LLC (Alphabet Inc ), Salesforce com Inc, Microsoft Corporation, PTC Inc, Oracle Corporation, Hitachi Ltd, General Electric Company, Amazon Web Services Inc (Amazon Inc ), SAP SE.
3. What are the main segments of the AI in IoT Market?
The market segments include Component, End-user Vertical.
4. Can you provide details about the market size?
The market size is estimated to be USD 78.99 Million as of 2022.
5. What are some drivers contributing to market growth?
Rising Big Data Volume; Effective Management of Data Generated From IoT Devices to Gain Valuable Insights.
6. What are the notable trends driving market growth?
Healthcare Sector Expected to Witness Robust Market Growth.
7. Are there any restraints impacting market growth?
Data Security and Privacy Issues.
8. Can you provide examples of recent developments in the market?
September 2023 - BMW Group has extended a cloud computing and services partnership with Amazon Web Services (AWS) to deliver various IoT and AI capabilities to extend driver assistance (ADAS) features in new vehicles launching in 2025, with AWS collaboration draws on a "pre-existing" 'cloud data hub,' already on AWS; It will make further usage of cloud-based compute and storage, plus also IoT sensing and AI sense-making tools, including generative AI and machine learning.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Unit.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "AI in IoT Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the AI in IoT Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the AI in IoT Market?
To stay informed about further developments, trends, and reports in the AI in IoT Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence