Abstract
Summary
According to our LPI (LP Information) latest study, the global AI in IoT market size was valued at US$ 3725.7 million in 2023. With growing demand in downstream market, the AI in IoT is forecast to a readjusted size of US$ 10060 million by 2030 with a CAGR of 15.2% during review period.
The research report highlights the growth potential of the global AI in IoT market. AI in IoT are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of AI in IoT. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the AI in IoT market.
AI applications for IoT enable companies to avoid unplanned downtime, increase operating efficiency, spawn new products and services, and enhance risk management.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/61 of that of the United States.
Key Features:
The report on AI in IoT market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the AI in IoT market. It may include historical data, market segmentation by Type (e.g., Platforms, Software Solutions), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the AI in IoT market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the AI in IoT market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the AI in IoT industry. This include advancements in AI in IoT technology, AI in IoT new entrants, AI in IoT new investment, and other innovations that are shaping the future of AI in IoT.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the AI in IoT market. It includes factors influencing customer ' purchasing decisions, preferences for AI in IoT product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the AI in IoT market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting AI in IoT market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the AI in IoT market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the AI in IoT industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the AI in IoT market.
Market Segmentation:
AI in IoT market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Platforms
Software Solutions
Services
Segmentation by application
Manufacturing
Energy and Utilities
Transportation and Mobility
Banking, Financial Services, and Insurance
Government and Defense
Retail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Microsoft
Google
PTC
AWS
Oracle
GE
Salesforce
SAP
Hitachi
Uptake
SAS
Autoplant Systems India Pvt. Ltd.
Kairos
Softweb Solutions
Arundo
C3 IoT
Anagog
Thingstel
Imagimob
The research report highlights the growth potential of the global AI in IoT market. AI in IoT are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of AI in IoT. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the AI in IoT market.
AI applications for IoT enable companies to avoid unplanned downtime, increase operating efficiency, spawn new products and services, and enhance risk management.
China and the United States are two leaders in AI industry. On the AI 100 list (2022) released by CB Insights, the number of companies in the United States ranks first, with more than 70 companies, followed by the United Kingdom, with 8 companies on the list. China and Canada both holds 5 companies on the list. According to data from the China Academy of Information and Communications Technology, the scale of China's core artificial intelligence industry reached ¥508 billion in 2022, a year-on-year increase of 18%. From 2013 to November 2022, the cumulative number of patent applications for artificial intelligence inventions in the world reached 729,000, and the cumulative number of applications in China reached 389,000, accounting for 53.4%. However, the Global Artificial Intelligence Innovation Index Report 2021 released by the China Institute of Scientific and Technological Information shows that the overall strength of the United States is still far ahead. The number of artificial intelligence companies in the United States is about 4,670, while China has only 880. China's data center is less than 1/61 of that of the United States.
Key Features:
The report on AI in IoT market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the AI in IoT market. It may include historical data, market segmentation by Type (e.g., Platforms, Software Solutions), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the AI in IoT market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the AI in IoT market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the AI in IoT industry. This include advancements in AI in IoT technology, AI in IoT new entrants, AI in IoT new investment, and other innovations that are shaping the future of AI in IoT.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the AI in IoT market. It includes factors influencing customer ' purchasing decisions, preferences for AI in IoT product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the AI in IoT market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting AI in IoT market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the AI in IoT market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the AI in IoT industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the AI in IoT market.
Market Segmentation:
AI in IoT market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Platforms
Software Solutions
Services
Segmentation by application
Manufacturing
Energy and Utilities
Transportation and Mobility
Banking, Financial Services, and Insurance
Government and Defense
Retail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Microsoft
PTC
AWS
Oracle
GE
Salesforce
SAP
Hitachi
Uptake
SAS
Autoplant Systems India Pvt. Ltd.
Kairos
Softweb Solutions
Arundo
C3 IoT
Anagog
Thingstel
Imagimob
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global AI in IoT Market Size 2019-2030
2.1.2 AI in IoT Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 AI in IoT Segment by Type
2.2.1 Platforms
2.2.2 Software Solutions
2.2.3 Services
2.3 AI in IoT Market Size by Type
2.3.1 AI in IoT Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global AI in IoT Market Size Market Share by Type (2019-2024)
2.4 AI in IoT Segment by Application
2.4.1 Manufacturing
2.4.2 Energy and Utilities
2.4.3 Transportation and Mobility
2.4.4 Banking, Financial Services, and Insurance
2.4.5 Government and Defense
2.4.6 Retail
2.4.7 Others
2.5 AI in IoT Market Size by Application
2.5.1 AI in IoT Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global AI in IoT Market Size Market Share by Application (2019-2024)
3 AI in IoT Market Size by Player
3.1 AI in IoT Market Size Market Share by Players
3.1.1 Global AI in IoT Revenue by Players (2019-2024)
3.1.2 Global AI in IoT Revenue Market Share by Players (2019-2024)
3.2 Global AI in IoT Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 AI in IoT by Regions
4.1 AI in IoT Market Size by Regions (2019-2024)
4.2 Americas AI in IoT Market Size Growth (2019-2024)
4.3 APAC AI in IoT Market Size Growth (2019-2024)
4.4 Europe AI in IoT Market Size Growth (2019-2024)
4.5 Middle East & Africa AI in IoT Market Size Growth (2019-2024)
5 Americas
5.1 Americas AI in IoT Market Size by Country (2019-2024)
5.2 Americas AI in IoT Market Size by Type (2019-2024)
5.3 Americas AI in IoT Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC AI in IoT Market Size by Region (2019-2024)
6.2 APAC AI in IoT Market Size by Type (2019-2024)
6.3 APAC AI in IoT Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe AI in IoT by Country (2019-2024)
7.2 Europe AI in IoT Market Size by Type (2019-2024)
7.3 Europe AI in IoT Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa AI in IoT by Region (2019-2024)
8.2 Middle East & Africa AI in IoT Market Size by Type (2019-2024)
8.3 Middle East & Africa AI in IoT Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global AI in IoT Market Forecast
10.1 Global AI in IoT Forecast by Regions (2025-2030)
10.1.1 Global AI in IoT Forecast by Regions (2025-2030)
10.1.2 Americas AI in IoT Forecast
10.1.3 APAC AI in IoT Forecast
10.1.4 Europe AI in IoT Forecast
10.1.5 Middle East & Africa AI in IoT Forecast
10.2 Americas AI in IoT Forecast by Country (2025-2030)
10.2.1 United States AI in IoT Market Forecast
10.2.2 Canada AI in IoT Market Forecast
10.2.3 Mexico AI in IoT Market Forecast
10.2.4 Brazil AI in IoT Market Forecast
10.3 APAC AI in IoT Forecast by Region (2025-2030)
10.3.1 China AI in IoT Market Forecast
10.3.2 Japan AI in IoT Market Forecast
10.3.3 Korea AI in IoT Market Forecast
10.3.4 Southeast Asia AI in IoT Market Forecast
10.3.5 India AI in IoT Market Forecast
10.3.6 Australia AI in IoT Market Forecast
10.4 Europe AI in IoT Forecast by Country (2025-2030)
10.4.1 Germany AI in IoT Market Forecast
10.4.2 France AI in IoT Market Forecast
10.4.3 UK AI in IoT Market Forecast
10.4.4 Italy AI in IoT Market Forecast
10.4.5 Russia AI in IoT Market Forecast
10.5 Middle East & Africa AI in IoT Forecast by Region (2025-2030)
10.5.1 Egypt AI in IoT Market Forecast
10.5.2 South Africa AI in IoT Market Forecast
10.5.3 Israel AI in IoT Market Forecast
10.5.4 Turkey AI in IoT Market Forecast
10.5.5 GCC Countries AI in IoT Market Forecast
10.6 Global AI in IoT Forecast by Type (2025-2030)
10.7 Global AI in IoT Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 IBM
11.1.1 IBM Company Information
11.1.2 IBM AI in IoT Product Offered
11.1.3 IBM AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 IBM Main Business Overview
11.1.5 IBM Latest Developments
11.2 Microsoft
11.2.1 Microsoft Company Information
11.2.2 Microsoft AI in IoT Product Offered
11.2.3 Microsoft AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Microsoft Main Business Overview
11.2.5 Microsoft Latest Developments
11.3 Google
11.3.1 Google Company Information
11.3.2 Google AI in IoT Product Offered
11.3.3 Google AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Google Main Business Overview
11.3.5 Google Latest Developments
11.4 PTC
11.4.1 PTC Company Information
11.4.2 PTC AI in IoT Product Offered
11.4.3 PTC AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 PTC Main Business Overview
11.4.5 PTC Latest Developments
11.5 AWS
11.5.1 AWS Company Information
11.5.2 AWS AI in IoT Product Offered
11.5.3 AWS AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 AWS Main Business Overview
11.5.5 AWS Latest Developments
11.6 Oracle
11.6.1 Oracle Company Information
11.6.2 Oracle AI in IoT Product Offered
11.6.3 Oracle AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Oracle Main Business Overview
11.6.5 Oracle Latest Developments
11.7 GE
11.7.1 GE Company Information
11.7.2 GE AI in IoT Product Offered
11.7.3 GE AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 GE Main Business Overview
11.7.5 GE Latest Developments
11.8 Salesforce
11.8.1 Salesforce Company Information
11.8.2 Salesforce AI in IoT Product Offered
11.8.3 Salesforce AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Salesforce Main Business Overview
11.8.5 Salesforce Latest Developments
11.9 SAP
11.9.1 SAP Company Information
11.9.2 SAP AI in IoT Product Offered
11.9.3 SAP AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 SAP Main Business Overview
11.9.5 SAP Latest Developments
11.10 Hitachi
11.10.1 Hitachi Company Information
11.10.2 Hitachi AI in IoT Product Offered
11.10.3 Hitachi AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Hitachi Main Business Overview
11.10.5 Hitachi Latest Developments
11.11 Uptake
11.11.1 Uptake Company Information
11.11.2 Uptake AI in IoT Product Offered
11.11.3 Uptake AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Uptake Main Business Overview
11.11.5 Uptake Latest Developments
11.12 SAS
11.12.1 SAS Company Information
11.12.2 SAS AI in IoT Product Offered
11.12.3 SAS AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 SAS Main Business Overview
11.12.5 SAS Latest Developments
11.13 Autoplant Systems India Pvt. Ltd.
11.13.1 Autoplant Systems India Pvt. Ltd. Company Information
11.13.2 Autoplant Systems India Pvt. Ltd. AI in IoT Product Offered
11.13.3 Autoplant Systems India Pvt. Ltd. AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Autoplant Systems India Pvt. Ltd. Main Business Overview
11.13.5 Autoplant Systems India Pvt. Ltd. Latest Developments
11.14 Kairos
11.14.1 Kairos Company Information
11.14.2 Kairos AI in IoT Product Offered
11.14.3 Kairos AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Kairos Main Business Overview
11.14.5 Kairos Latest Developments
11.15 Softweb Solutions
11.15.1 Softweb Solutions Company Information
11.15.2 Softweb Solutions AI in IoT Product Offered
11.15.3 Softweb Solutions AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Softweb Solutions Main Business Overview
11.15.5 Softweb Solutions Latest Developments
11.16 Arundo
11.16.1 Arundo Company Information
11.16.2 Arundo AI in IoT Product Offered
11.16.3 Arundo AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Arundo Main Business Overview
11.16.5 Arundo Latest Developments
11.17 C3 IoT
11.17.1 C3 IoT Company Information
11.17.2 C3 IoT AI in IoT Product Offered
11.17.3 C3 IoT AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 C3 IoT Main Business Overview
11.17.5 C3 IoT Latest Developments
11.18 Anagog
11.18.1 Anagog Company Information
11.18.2 Anagog AI in IoT Product Offered
11.18.3 Anagog AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Anagog Main Business Overview
11.18.5 Anagog Latest Developments
11.19 Thingstel
11.19.1 Thingstel Company Information
11.19.2 Thingstel AI in IoT Product Offered
11.19.3 Thingstel AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 Thingstel Main Business Overview
11.19.5 Thingstel Latest Developments
11.20 Imagimob
11.20.1 Imagimob Company Information
11.20.2 Imagimob AI in IoT Product Offered
11.20.3 Imagimob AI in IoT Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Imagimob Main Business Overview
11.20.5 Imagimob Latest Developments
12 Research Findings and Conclusion