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AI in IoT Market, Global Outlook and Forecast 2023-2032

The global AI in IoT market was valued at US$ 3918.8 million in 2022 and is projected to reach US$ 9846.8 million by 2029, at a CAGR of 14.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global AI in IoT market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The China market for Global AI in IoT market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global AI in IoT market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


AI applications for IoT enable companies to avoid unplanned downtime, increase operating efficiency, spawn new products and services, and enhance risk management.

This report aims to provide a comprehensive presentation of the global market for AI in IoT, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI in IoT. This report contains market size and forecasts of AI in IoT in global, including the following market information:


  • Global AI in IoT Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global top five companies in 2022 (%)

Platforms Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of AI in IoT include IBM, Microsoft, Google, PTC, AWS, Oracle, GE, Salesforce and SAP, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the AI in IoT companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:

Global AI in IoT Market, by Type, 2018-2023, 2024-2032 ($ millions)

Global AI in IoT Market Segment Percentages, by Type, 2022 (%)


  • Platforms

  • Software Solutions

  • Services

Global AI in IoT Market, by Application, 2018-2023, 2024-2032 ($ millions)

Global AI in IoT Market Segment Percentages, by Application, 2022 (%)


  • Manufacturing

  • Energy and Utilities

  • Transportation and Mobility

  • Banking, Financial Services, and Insurance

  • Government and Defense

  • Retail

  • Others

Global AI in IoT Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)

Global AI in IoT Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies AI in IoT revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies AI in IoT revenues share in global market, 2022 (%)

key players include:


  • 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

Outline of Major Chapters:

Chapter 1: Introduces the definition of AI in IoT, market overview.

Chapter 2: Global AI in IoT market size in revenue.

Chapter 3: Detailed analysis of AI in IoT company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of AI in IoT in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports 1.1 AI in IoT Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global AI in IoT Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global AI in IoT Overall Market Size 2.1 Global AI in IoT Market Size: 2022 VS 2032 2.2 Global AI in IoT Market Size, Prospects & Forecasts: 2018-2032 2.3 Key Market Trends, Opportunity, Drivers and Restraints 2.3.1 Market Opportunities & Trends 2.3.2 Market Drivers 2.3.3 Market Restraints 3 Company Landscape 3.1 Top AI in IoT Players in Global Market 3.2 Top Global AI in IoT Companies Ranked by Revenue 3.3 Global AI in IoT Revenue by Companies 3.4 Top 3 and Top 5 AI in IoT Companies in Global Market, by Revenue in 2022 3.5 Global Companies AI in IoT Product Type 3.6 Tier 1, Tier 2 and Tier 3 AI in IoT Players in Global Market 3.6.1 List of Global Tier 1 AI in IoT Companies 3.6.2 List of Global Tier 2 and Tier 3 AI in IoT Companies 4 Market Sights by Product 4.1 Overview 4.1.1 By Type - Global AI in IoT Market Size Markets, 2022 & 2032 4.1.2 Platforms 4.1.3 Software Solutions 4.1.4 Services 4.2 By Type

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