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

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    Report

  • 189 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5301845

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.

Table of Contents

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