| Product Code: ETC5458978 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Burkina Faso`s import shipments of AI in IoT saw a significant shift in supplier concentration from 2023 to 2024, with a notable increase in the Herfindahl-Hirschman Index (HHI). The top exporting countries to Burkina Faso in 2024 were China, USA, Germany, Australia, and France, indicating a diverse sourcing strategy. Despite a high growth rate between 2020-2024, there was a decline in growth from 2023 to 2024. This fluctuation suggests a dynamic market environment for AI in IoT imports, potentially influenced by various factors such as trade policies, technological advancements, and global economic conditions.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso AI in IoT Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso AI in IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso AI in IoT Market - Industry Life Cycle |
3.4 Burkina Faso AI in IoT Market - Porter's Five Forces |
3.5 Burkina Faso AI in IoT Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Burkina Faso AI in IoT Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Burkina Faso AI in IoT Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 Burkina Faso AI in IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of Internet of Things (IoT) technology across industries in Burkina Faso |
4.2.2 Government initiatives and investments in AI and IoT infrastructure |
4.2.3 Growing demand for automation and efficiency in various sectors in the country |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of AI and IoT technologies among businesses and consumers |
4.3.2 High initial investment costs associated with implementing AI and IoT solutions |
4.3.3 Lack of skilled professionals in AI and IoT technologies in Burkina Faso |
5 Burkina Faso AI in IoT Market Trends |
6 Burkina Faso AI in IoT Market Segmentations |
6.1 Burkina Faso AI in IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso AI in IoT Market Revenues & Volume, By Platforms, 2021-2031F |
6.1.3 Burkina Faso AI in IoT Market Revenues & Volume, By Software Solutions, 2021-2031F |
6.1.4 Burkina Faso AI in IoT Market Revenues & Volume, By Services, 2021-2031F |
6.2 Burkina Faso AI in IoT Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso AI in IoT Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.3 Burkina Faso AI in IoT Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.2.4 Burkina Faso AI in IoT Market Revenues & Volume, By Transportation and Mobility, 2021-2031F |
6.2.5 Burkina Faso AI in IoT Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.6 Burkina Faso AI in IoT Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.2.7 Burkina Faso AI in IoT Market Revenues & Volume, By Retail, 2021-2031F |
6.2.8 Burkina Faso AI in IoT Market Revenues & Volume, By Telecom, 2021-2031F |
6.2.9 Burkina Faso AI in IoT Market Revenues & Volume, By Telecom, 2021-2031F |
6.3 Burkina Faso AI in IoT Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso AI in IoT Market Revenues & Volume, By ML and Deep Learning, 2021-2031F |
6.3.3 Burkina Faso AI in IoT Market Revenues & Volume, By NLP, 2021-2031F |
7 Burkina Faso AI in IoT Market Import-Export Trade Statistics |
7.1 Burkina Faso AI in IoT Market Export to Major Countries |
7.2 Burkina Faso AI in IoT Market Imports from Major Countries |
8 Burkina Faso AI in IoT Market Key Performance Indicators |
8.1 Number of IoT devices connected in Burkina Faso |
8.2 Percentage increase in AI and IoT adoption across key industries |
8.3 Rate of growth in AI and IoT startups and companies in the country |
9 Burkina Faso AI in IoT Market - Opportunity Assessment |
9.1 Burkina Faso AI in IoT Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Burkina Faso AI in IoT Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Burkina Faso AI in IoT Market Opportunity Assessment, By Technology , 2021 & 2031F |
10 Burkina Faso AI in IoT Market - Competitive Landscape |
10.1 Burkina Faso AI in IoT Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso AI in IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here