Artificial Intelligence (AI) in IoT: Global Strategic Business Report

Global Artificial Intelligence (AI) in IoT Market to Reach $41.6 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Artificial Intelligence (AI) in IoT estimated at US$9.9 Billion in the year 2020, is projected to reach a revised size of US$41.6 Billion by 2027, growing at a CAGR of 22.8% over the analysis period 2020-2027. Platforms, one of the segments analyzed in the report, is projected to record a 20.8% CAGR and reach US$16 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software Solutions segment is readjusted to a revised 25.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 22.4% CAGR

The Artificial Intelligence (AI) in IoT market in the U.S. is estimated at US$2.9 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$7.3 Billion by the year 2027 trailing a CAGR of 22.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.2% and 19.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 16.2% CAGR.

Services Segment to Record 22.9% CAGR

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 22.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.1 Billion in the year 2020 will reach a projected size of US$9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 234 Featured) -

Anagog
Arundo
Autoplant Systems India Pvt. Ltd.
AWS
C3 IoT
GE
Google
Hitachi
IBM
Imagimob
Kairos
Microsoft
Oracle
PTC
Salesforce
SAP
SAS
Softweb Solutions
Thingstel
Uptake

What's New for 2022?

Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Frequently Asked Questions about the Global Market for Artificial Intelligence (AI) in IoT

What is the estimated value of the Global Market for Artificial Intelligence (AI) in IoT?

The Global Market for Artificial Intelligence (AI) in IoT was estimated to be valued at $9.9 Billion in 2020.

What is the growth rate of the Global Market for Artificial Intelligence (AI) in IoT?

The growth rate of the Global Market for Artificial Intelligence (AI) in IoT is 22.8%, with an estimated value of $41.6 Billion by 2027.

What is the forecasted size of the Global Market for Artificial Intelligence (AI) in IoT?

The Global Market for Artificial Intelligence (AI) in IoT is estimated to be worth $41.6 Billion by 2027.

Who are the key companies in the Global Market for Artificial Intelligence (AI) in IoT?

Key companies in the Global Market for Artificial Intelligence (AI) in IoT include Anagog, Arundo, Autoplant Systems India Pvt. Ltd., AWS, C3 IoT, GE, Google, Hitachi and Imagimob.

Report Attribute	Details
No. of Pages	189
Published	October 2022
Forecast Period	2020 - 2027
Estimated Market Value ( USD ) in 2020	$ 9.9 Billion
Forecasted Market Value ( USD ) by 2027	$ 41.6 Billion
Compound Annual Growth Rate	22.8%
Regions Covered	Global

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Artificial Intelligence (AI) in IoT - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Table 1: World Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 2: World 7-Year Perspective for Artificial Intelligence (AI) in IoT by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
Table 3: World Recent Past, Current & Future Analysis for Platforms by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 4: World 7-Year Perspective for Platforms by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
Table 5: World Recent Past, Current & Future Analysis for Software Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 6: World 7-Year Perspective for Software Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 8: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
Table 9: World Recent Past, Current & Future Analysis for Machine Learning & Deep Learning by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 10: World 7-Year Perspective for Machine Learning & Deep Learning by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
Table 11: World Recent Past, Current & Future Analysis for Natural Language Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 12: World 7-Year Perspective for Natural Language Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
Table 13: World Artificial Intelligence (AI) in IoT Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027

III. MARKET ANALYSIS

UNITED STATES

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
Table 14: USA Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 15: USA 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 16: USA Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 17: USA 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

CANADA

Table 18: Canada Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 19: Canada 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 20: Canada Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 21: Canada 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

JAPAN

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Table 22: Japan Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 23: Japan 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 24: Japan Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 25: Japan 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

CHINA

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
Table 26: China Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 27: China 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 28: China Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 29: China 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

EUROPE

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Table 30: Europe Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Table 31: Europe 7-Year Perspective for Artificial Intelligence (AI) in IoT by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
Table 32: Europe Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 33: Europe 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 34: Europe Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 35: Europe 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

FRANCE

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
Table 36: France Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 37: France 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 38: France Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 39: France 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

GERMANY

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Table 40: Germany Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 41: Germany 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 42: Germany Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 43: Germany 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

ITALY

Table 44: Italy Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 45: Italy 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 46: Italy Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 47: Italy 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

UNITED KINGDOM

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
Table 48: UK Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 49: UK 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 50: UK Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 51: UK 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

REST OF EUROPE

Table 52: Rest of Europe Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 53: Rest of Europe 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 54: Rest of Europe Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 55: Rest of Europe 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

ASIA-PACIFIC

Artificial Intelligence (AI) in IoT Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 57: Asia-Pacific 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 58: Asia-Pacific Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 59: Asia-Pacific 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

REST OF WORLD

Table 60: Rest of World Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Component - Platforms, Software Solutions and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 61: Rest of World 7-Year Perspective for Artificial Intelligence (AI) in IoT by Component - Percentage Breakdown of Value Sales for Platforms, Software Solutions and Services for the Years 2021 & 2027
Table 62: Rest of World Recent Past, Current & Future Analysis for Artificial Intelligence (AI) in IoT by Technology - Machine Learning & Deep Learning and Natural Language Processing - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Table 63: Rest of World 7-Year Perspective for Artificial Intelligence (AI) in IoT by Technology - Percentage Breakdown of Value Sales for Machine Learning & Deep Learning and Natural Language Processing for the Years 2021 & 2027

IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

Anagog
Arundo
Autoplant Systems India Pvt. Ltd.
AWS
C3 IoT
GE
Google
Hitachi
IBM
Imagimob
Kairos
Microsoft
Oracle
PTC
Salesforce
SAP
SAS
Softweb Solutions
Thingstel
Uptake

Global Artificial Intelligence (AI) in IoT Market to Reach $41.6 Billion by 2027

The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 22.4% CAGR

Services Segment to Record 22.9% CAGR

Select Competitors (Total 234 Featured) -

What's New for 2022?

What is the estimated value of the Global Market for Artificial Intelligence (AI) in IoT?

What is the growth rate of the Global Market for Artificial Intelligence (AI) in IoT?

What is the forecasted size of the Global Market for Artificial Intelligence (AI) in IoT?

Who are the key companies in the Global Market for Artificial Intelligence (AI) in IoT?

Table of Contents

Companies Mentioned

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