Product Code: ETC13392217 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global AI in IoT Market was valued at USD 7.3 Billion in 2024 and is expected to reach USD 23.2 Billion by 2031, growing at a compound annual growth rate of 16.00% during the forecast period (2025-2031).
The global AI in IoT market is experiencing significant growth driven by the increasing adoption of IoT devices across various industries. AI technologies such as machine learning and natural language processing are being integrated with IoT devices to enhance data processing capabilities, predictive analytics, and automation. Key players in the market are investing heavily in research and development to improve AI algorithms and drive innovation in IoT applications. Industries such as manufacturing, healthcare, and smart cities are leveraging AI in IoT solutions to improve operational efficiency, enhance decision-making processes, and deliver personalized services. The market is also witnessing partnerships and collaborations between AI and IoT companies to create integrated solutions that offer seamless connectivity and intelligent insights. Overall, the global AI in IoT market is poised for continued growth as organizations increasingly recognize the benefits of combining AI and IoT technologies.
The Global AI in IoT market is experiencing rapid growth driven by the increasing adoption of IoT devices across various industries. One key trend is the integration of AI technologies such as machine learning and deep learning into IoT systems to enhance data analytics, predictive maintenance, and automation capabilities. This integration is enabling businesses to extract valuable insights from the vast amounts of data generated by IoT devices, leading to improved operational efficiency and decision-making. Opportunities in the market include the development of AI-powered IoT solutions for smart cities, healthcare, manufacturing, and agriculture sectors. Additionally, the rising demand for real-time monitoring and analysis of IoT data presents opportunities for AI solution providers to offer innovative and scalable products to meet the evolving needs of businesses in the IoT ecosystem.
The Global AI in IoT Market faces several challenges, including data privacy and security concerns, interoperability issues among different IoT devices and platforms, lack of skilled professionals to implement and manage AI solutions in IoT systems, as well as the complexity of integrating AI algorithms into existing IoT infrastructure. Additionally, the rapid pace of technological advancements in both AI and IoT industries requires continuous adaptation and updating of systems to remain competitive. Moreover, regulatory compliance and ethical considerations regarding the use of AI in IoT applications present further challenges for market growth and adoption. Overall, addressing these challenges will be crucial for unlocking the full potential of AI in IoT and driving its widespread adoption across various industries.
The Global AI in IoT market is being primarily driven by the increasing adoption of IoT solutions across various industries to improve operational efficiency and decision-making processes. The combination of AI and IoT technologies allows organizations to gather, analyze, and derive valuable insights from massive amounts of data generated by interconnected devices. This integration enables predictive maintenance, real-time monitoring, and automation of processes, leading to cost savings and enhanced productivity. Additionally, the growing demand for intelligent and connected devices, advancements in machine learning algorithms, and the proliferation of 5G networks are further fueling the expansion of the AI in IoT market. Overall, the convergence of AI and IoT technologies is revolutionizing industries and creating new opportunities for innovation and growth.
Government policies related to the Global AI in IoT Market vary across countries, with some regions implementing regulations to promote innovation and adoption of AI technologies, while others focus on data privacy and security concerns. In the United States, there is a push for more funding and support for AI research and development, with initiatives such as the National Artificial Intelligence Research and Development Strategic Plan. In the European Union, the General Data Protection Regulation (GDPR) sets guidelines for data protection and privacy, impacting how AI and IoT technologies collect and process data. In China, the government has outlined strategic plans to become a global leader in AI by 2030, investing heavily in AI research and development. Overall, government policies play a crucial role in shaping the landscape of the Global AI in IoT Market by balancing innovation with ethical and regulatory considerations.
The Global AI in IoT market is poised for significant growth in the coming years as the integration of artificial intelligence with Internet of Things technologies continues to advance. The increasing adoption of AI-powered IoT solutions across various industries such as healthcare, manufacturing, and transportation is driving market expansion. The ability of AI to enhance data analytics, predictive maintenance, and automation in IoT systems is creating new opportunities for efficiency and innovation. Additionally, the proliferation of connected devices and the expansion of 5G networks are further fueling the demand for AI in IoT applications. As organizations seek to improve operational processes and customer experiences through intelligent IoT solutions, the market is expected to experience robust growth and technological advancements in the near future.
The global AI in IoT market is witnessing significant growth across various regions. In Asia, particularly in China and India, the adoption of AI in IoT is driven by rapid urbanization, increasing internet penetration, and government initiatives to promote smart city projects. North America leads the market with a high concentration of tech companies investing in AI and IoT research and development. In Europe, strict regulations on data privacy are influencing the deployment of AI in IoT applications. The Middle East and Africa region is experiencing a gradual uptake of AI in IoT, mainly in sectors like oil and gas, smart agriculture, and healthcare. Latin America is showing promising growth opportunities for AI in IoT with increasing investments in smart infrastructure projects and digital transformation initiatives.
Global AI in IoT Market |
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 Global AI in IoT Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global AI in IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Global AI in IoT Market - Industry Life Cycle |
3.4 Global AI in IoT Market - Porter's Five Forces |
3.5 Global AI in IoT Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global AI in IoT Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.7 Global AI in IoT Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.8 Global AI in IoT Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 Global AI in IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global AI in IoT Market Trends |
6 Global AI in IoT Market, 2021 - 2031 |
6.1 Global AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global AI in IoT Market, Revenues & Volume, By Platforms, 2021 - 2031 |
6.1.3 Global AI in IoT Market, Revenues & Volume, By Software Solutions, 2021 - 2031 |
6.1.4 Global AI in IoT Market, Revenues & Volume, By Services, 2021 - 2031 |
6.2 Global AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global AI in IoT Market, Revenues & Volume, By Manufacturing, 2021 - 2031 |
6.2.3 Global AI in IoT Market, Revenues & Volume, By Energy and Utilities, 2021 - 2031 |
6.2.4 Global AI in IoT Market, Revenues & Volume, By Transportation and Mobility, 2021 - 2031 |
6.2.5 Global AI in IoT Market, Revenues & Volume, By BFSI, 2021 - 2031 |
6.2.6 Global AI in IoT Market, Revenues & Volume, By Government and Defense, 2021 - 2031 |
6.2.7 Global AI in IoT Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.2.8 Global AI in IoT Market, Revenues & Volume, By Healthcare and Life Sciences, 2021 - 2031 |
6.2.9 Global AI in IoT Market, Revenues & Volume, By Telecom, 2021 - 2031 |
6.3 Global AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global AI in IoT Market, Revenues & Volume, By ML and Deep Learning, 2021 - 2031 |
6.3.3 Global AI in IoT Market, Revenues & Volume, By NLP, 2021 - 2031 |
7 North America AI in IoT Market, Overview & Analysis |
7.1 North America AI in IoT Market Revenues & Volume, 2021 - 2031 |
7.2 North America AI in IoT Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) AI in IoT Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada AI in IoT Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America AI in IoT Market, Revenues & Volume, 2021 - 2031 |
7.3 North America AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
7.4 North America AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
7.5 North America AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
8 Latin America (LATAM) AI in IoT Market, Overview & Analysis |
8.1 Latin America (LATAM) AI in IoT Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) AI in IoT Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil AI in IoT Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico AI in IoT Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina AI in IoT Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM AI in IoT Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
8.4 Latin America (LATAM) AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
8.5 Latin America (LATAM) AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
9 Asia AI in IoT Market, Overview & Analysis |
9.1 Asia AI in IoT Market Revenues & Volume, 2021 - 2031 |
9.2 Asia AI in IoT Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India AI in IoT Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China AI in IoT Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan AI in IoT Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia AI in IoT Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
9.4 Asia AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
9.5 Asia AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
10 Africa AI in IoT Market, Overview & Analysis |
10.1 Africa AI in IoT Market Revenues & Volume, 2021 - 2031 |
10.2 Africa AI in IoT Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa AI in IoT Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt AI in IoT Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria AI in IoT Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa AI in IoT Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
10.4 Africa AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
10.5 Africa AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
11 Europe AI in IoT Market, Overview & Analysis |
11.1 Europe AI in IoT Market Revenues & Volume, 2021 - 2031 |
11.2 Europe AI in IoT Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom AI in IoT Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany AI in IoT Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France AI in IoT Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe AI in IoT Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
11.4 Europe AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
11.5 Europe AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
12 Middle East AI in IoT Market, Overview & Analysis |
12.1 Middle East AI in IoT Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East AI in IoT Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia AI in IoT Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE AI in IoT Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey AI in IoT Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East AI in IoT Market, Revenues & Volume, By Component , 2021 - 2031 |
12.4 Middle East AI in IoT Market, Revenues & Volume, By Vertical , 2021 - 2031 |
12.5 Middle East AI in IoT Market, Revenues & Volume, By Technology , 2021 - 2031 |
13 Global AI in IoT Market Key Performance Indicators |
14 Global AI in IoT Market - Export/Import By Countries Assessment |
15 Global AI in IoT Market - Opportunity Assessment |
15.1 Global AI in IoT Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global AI in IoT Market Opportunity Assessment, By Component , 2021 & 2031F |
15.3 Global AI in IoT Market Opportunity Assessment, By Vertical , 2021 & 2031F |
15.4 Global AI in IoT Market Opportunity Assessment, By Technology , 2021 & 2031F |
16 Global AI in IoT Market - Competitive Landscape |
16.1 Global AI in IoT Market Revenue Share, By Companies, 2024 |
16.2 Global AI in IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |