The Artificial Intelligence (AI) in IoT Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Artificial Intelligence (AI) in IoT Market?
The market size for artificial intelligence (AI) in IoT has experienced significant expansion in the past few years. The market, which was valued at $15.34 billion in 2024, is predicted to increase to $19.49 billion in 2025. This represents a compound annual growth rate (CAGR) of 27.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Artificial Intelligence (AI) in IoT Industry?
The Artificial Intelligence (AI) in Internet of Things (IoT) market is predicted to reach a size of $50.86 billion by 2029, growing at a compound annual growth rate (CAGR) of 27.1%.
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What are the Key Growth Drivers Fueling the Artificial Intelligence (AI) in IoT Market?
The key drivers in the artificial intelligence (ai) in iot market are:
• Expansion of 5G network
• Rising demand from an expanding population
• Growing need for industry-specific AI applications
• Increasing demand for high-performance vehicles
• Increase in end-user requirements
Global Market Segmentation: Identifying Major Artificial Intelligence (AI) in IoT Industry Segments
The artificial intelligence (AI) in iot market covered in this report is segmented –
1) By Components: Software, Platforms, Services
2) By Technology: Machine Learning, Natural Language Processing, Image Processing, Speech Recognition
3) By-End-User: Energy And Utilities, Manufacturing, Retail, Transportation And Mobility, Banking Financial Services And Insurance (BFSI)
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What are the Emerging Trends Shaping the Future of the Artificial Intelligence (AI) in IoT Market?
The key trends in the artificial intelligence (ai) in iot market are:
• The expansion of the 5G network is predicted to shape the AI in IoT market.
• There's a growing trend involving industry-specific AI applications.
• An increasing demand for powerful vehicles sparks advancements in this sector.
• A rising trend can be observed with the increased demand for AI in IoT from emerging markets.
Who Are the Top Competitors & Leading Players in the Artificial Intelligence (AI) in IoT Market?
Major companies in the artificial intelligence (ai) in iot market are:
• Amazon Inc.
• Google LLC
• Microsoft Corporation
• Hitachi Ltd.
• General Electric (GE)
• Intel Corporation
• Accenture PLC
• International Business Machines Corporation
• Cisco Systems Inc.
• Qualcomm Technologies Inc.
• Oracle Corporation
• Honeywell International Inc.
• SAP SE
• Fujitsu Limited
• NVDIA Corporation
• Salesforce Inc.
• Texas Instruments Incorporated
• STMicroelectronics
• Infineon Technologies AG
• Renesas Electronics Corporation
• ARM Holdings
• PTC Inc.
• Softweb Solutions Inc.
• SpaceTime Insight Inc.
• CloudMinds Inc.
Regional Dominance: Which Area Leads the Global Artificial Intelligence (AI) in IoT Market?
North America was the largest region in the artificial intelligence (AI) in IoT market in 2024
