Market Forecast By Component (Platforms, Software Solutions, Services), By Vertical (Manufacturing, Energy and Utilities, Transportation and Mobility, BFSI, Government and Defense, Retail, Healthcare and Life Sciences, Telecom), By Technology (ML and Deep Learning, NLP) And Competitive Landscape
Product Code: ETC4398399 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Report Name | Turkey AI in IoT Market |
Forecast period | 2025-2031 |
CAGR | 25.1% |
Growing Sector | Healthcare and Life Sciences |
Turkey AI in IoT Market report thoroughly covers the market by component, vertical and technology. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Turkey AI in IoT Market is experiencing significant growth and projected to attain more growth in the coming years due to increasing demand across various sectors. Integrating artificial intelligence with the Internet of Things has paved the way for innovative solutions, enhancing operational efficiency, and providing actionable insights. Key industries such as manufacturing, healthcare, and agriculture are leveraging AI-driven IoT applications to optimize processes, reduce costs, and improve decision-making.
According to 6Wresearch, Turkey AI in IoT Market size is expected to grow at a CAGR of 25.1% during 2025-2031. Several factors are driving the growth of Turkey AI in IoT Market such as the increasing need for enhanced operational efficiency is motivating industries to adopt AI-powered IoT solutions. These technologies enable real-time monitoring and predictive maintenance, reducing downtime and optimizing resource utilization. Additionally, the government's proactive approach towards digital transformation, including strategic investments and supportive policies, is creating a conducive environment for the proliferation of AI in IoT applications. Apart from this, the availability of advanced AI algorithms and the proliferation of high-speed internet infrastructure are facilitating seamless integration and deployment of IoT devices.
However, Turkey AI in IoT Market faces few restraints such as the high cost associated with implementing AI-powered IoT solutions. Small and medium-sized enterprises (SMEs), in particular, may find it financially burdensome to invest in these advanced technologies. Additionally, there is a shortage of skilled professionals who possess the expertise needed to develop, deploy, and maintain AI and IoT applications, which could slow down the adoption rate. Data privacy and security concerns also pose significant obstacles, as the integration of AI and IoT involves the collection and analysis of vast amounts of sensitive data.
Key players include IBM, Microsoft, Siemens, Arçelik, Vestel, Aselsan. The Turkey AI in IoT market is characterized by the presence of both local and international technology providers who are driving innovation and competition.
Turkey AI in IoT Market is growing and government’s regulation and policies are helping in extension of the market. One of the key strategies includes the development of the National Artificial Intelligence Strategy, which outlines a comprehensive roadmap for integrating AI across various sectors and boosting the country's competitiveness on the global stage. This strategy emphasizes research and development, the establishment of AI centers of excellence, and the creation of a skilled workforce equipped with the necessary expertise in AI and IoT technologies. Additionally, Digital Transformation Office (DTO), which plays a pivotal role in driving the adoption of digital technologies within public services and equipping businesses with cutting-edge digital tools.
The future of Turkey AI in IoT Market looks promising due to various factors such as the increasing integration of 5G technology with AI and IoT solutions. The rollout of 5G networks will provide the high-speed, low-latency connectivity required for real-time data processing and decision-making, vastly improving the performance and scalability of AI-powered IoT applications. Additionally, the growing emphasis on edge computing. By processing data closer to where it is generated, edge computing reduces the dependency on centralized data centers and improves response times, enhancing the efficiency and reliability of IoT systems. Combining edge computing with AI capabilities allows for more sophisticated and faster decision-making processes, particularly in scenarios where latency and bandwidth are critical factors.
According to Ravi Bhandari, Research Head, 6Wresearch, software solutions are projected to grow more rapidly in the future due to adaptability, continued innovation, and direct impact on business efficiency and decision-making processes make software solutions a critical driver of the AI in IoT market.
The healthcare and life sciences sector are poised to see exponential growth in coming years due to remote patient monitoring and telemedicine to smart medical devices and predictive diagnostics, the possibilities are vast.
Machine Learning and Deep Learning are expected to grow significantly in coming years attributed to their far-reaching capabilities and applicability across numerous industries.
The report offers a comprehensive study of the subsequent market segments:
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 Turkey AI in IoT Market Overview |
3.1 Turkey Country Macro Economic Indicators |
3.2 Turkey AI in IoT Market Revenues & Volume, 2021 & 2031F |
3.3 Turkey AI in IoT Market - Industry Life Cycle |
3.4 Turkey AI in IoT Market - Porter's Five Forces |
3.5 Turkey AI in IoT Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Turkey AI in IoT Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Turkey AI in IoT Market Revenues & Volume Share, By Technology , 2021 & 2031F |
4 Turkey AI in IoT Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT technologies across various industries |
4.2.2 Growing demand for advanced analytics and automation in Turkey |
4.2.3 Government initiatives and investments in AI and IoT sectors |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns hindering adoption of AI in IoT |
4.3.2 Lack of skilled workforce and expertise in AI and IoT technologies in Turkey |
5 Turkey AI in IoT Market Trends |
6 Turkey AI in IoT Market, By Types |
6.1 Turkey AI in IoT Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Turkey AI in IoT Market Revenues & Volume, By Component , 2021 - 2031F |
6.1.3 Turkey AI in IoT Market Revenues & Volume, By Platforms, 2021 - 2031F |
6.1.4 Turkey AI in IoT Market Revenues & Volume, By Software Solutions, 2021 - 2031F |
6.1.5 Turkey AI in IoT Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 Turkey AI in IoT Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Turkey AI in IoT Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.2.3 Turkey AI in IoT Market Revenues & Volume, By Energy and Utilities, 2021 - 2031F |
6.2.4 Turkey AI in IoT Market Revenues & Volume, By Transportation and Mobility, 2021 - 2031F |
6.2.5 Turkey AI in IoT Market Revenues & Volume, By BFSI, 2021 - 2031F |
6.2.6 Turkey AI in IoT Market Revenues & Volume, By Government and Defense, 2021 - 2031F |
6.2.7 Turkey AI in IoT Market Revenues & Volume, By Retail, 2021 - 2031F |
6.2.8 Turkey AI in IoT Market Revenues & Volume, By Telecom, 2021 - 2031F |
6.2.9 Turkey AI in IoT Market Revenues & Volume, By Telecom, 2021 - 2031F |
6.3 Turkey AI in IoT Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Turkey AI in IoT Market Revenues & Volume, By ML and Deep Learning, 2021 - 2031F |
6.3.3 Turkey AI in IoT Market Revenues & Volume, By NLP, 2021 - 2031F |
7 Turkey AI in IoT Market Import-Export Trade Statistics |
7.1 Turkey AI in IoT Market Export to Major Countries |
7.2 Turkey AI in IoT Market Imports from Major Countries |
8 Turkey AI in IoT Market Key Performance Indicators |
8.1 Number of IoT devices connected in Turkey |
8.2 Rate of AI technology integration in IoT solutions |
8.3 Level of investment in AI and IoT research and development in Turkey |
9 Turkey AI in IoT Market - Opportunity Assessment |
9.1 Turkey AI in IoT Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Turkey AI in IoT Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Turkey AI in IoT Market Opportunity Assessment, By Technology , 2021 & 2031F |
10 Turkey AI in IoT Market - Competitive Landscape |
10.1 Turkey AI in IoT Market Revenue Share, By Companies, 2024 |
10.2 Turkey AI in IoT Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |