AIoT Market is expected to grow at a CAGR of 25.92% through 2030F
The
Global AIoT Market is expected to be led by advancements in machine learning
technology driving intelligent and connected device ecosystems, during the
forecast period 2026-2030F
According to TechSci Research report, “AIoT Market - Global
Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F, The
Global AIoT Market was valued at USD 17.81 billion in 2024 and is expected to
reach USD 70.99 billion by 2030 with a CAGR of 25.92% through 2030.
The
proliferation of connected consumer devices, ranging from smart speakers and
home automation systems to intelligent appliances and security solutions, is
significantly accelerating the growth of the AIoT market. Consumers
increasingly demand seamless, personalized experiences that integrate
artificial intelligence to anticipate their needs and automate daily tasks.
AIoT enables smart homes to connect devices, analyze user behavior, and
optimize energy consumption, security, and convenience. Voice-activated
assistants, AI-powered thermostats, and intelligent lighting are becoming
household staples, offering enhanced control and efficiency. The rising
adoption of Internet of Things-enabled consumer electronics, coupled with
improving AI capabilities, is driving innovation and market expansion.
Furthermore, increasing awareness of energy conservation and home security is
encouraging homeowners to invest in AIoT-enabled solutions, fostering a more
connected and sustainable lifestyle.
Retailers and
technology providers are expanding their portfolios to include AIoT devices,
with companies leveraging data analytics to deliver tailored content, proactive
maintenance, and real-time troubleshooting. The integration of AIoT with cloud
services and edge computing allows consumers to experience reliable and fast
performance across multiple devices. As smart home ecosystems become more
sophisticated, interoperability and user-friendly interfaces will play a
critical role in adoption. Rising disposable incomes, urbanization, and the
desire for convenience continue to propel the adoption of AIoT-enabled consumer
devices worldwide, making this segment one of the fastest-growing contributors
to the AIoT market.
The
integration of artificial intelligence and the internet of things is rapidly
transforming industrial automation, which is a key growth area within the
Global AIoT Market. Industries such as manufacturing, energy, and logistics are
leveraging AIoT to optimize production processes, improve asset management, and
enhance supply chain visibility. By deploying connected sensors and intelligent
algorithms, companies gain actionable insights into machine performance,
maintenance needs, and process bottlenecks. Predictive maintenance powered by
AIoT reduces downtime and operational costs while increasing equipment
lifespan.
AIoT enables
advanced robotics and autonomous systems that perform complex tasks with high
precision and minimal human intervention. This trend is accelerated by the
adoption of smart factories and Industry 4.0 initiatives, where AIoT
technologies form the backbone of digital transformation strategies. As
companies continue to embrace automation to improve productivity and
competitiveness, the role of AIoT in industrial environments is set to expand
significantly, driving demand for integrated solutions that combine
connectivity, analytics, and artificial intelligence in a seamless manner.
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Based
on Platform, IoT Device Management segment is rapidly becoming the
fastest-growing segment in the global AIoT market, driven by the increasing
complexity and scale of connected devices across industries. As organizations
deploy a vast number of IoT devices—from sensors and smart meters to industrial
machinery—efficient management of these devices becomes critical to ensure
seamless operation, security, and real-time performance monitoring. IoT Device
Management platforms provide centralized control, enabling organizations to
onboard, configure, monitor, and update devices remotely, which significantly
reduces operational costs and downtime.
The
growing emphasis on data security and regulatory compliance is boosting demand
for advanced IoT Device Management solutions that offer robust authentication,
encryption, and anomaly detection capabilities. The rise of edge computing and
the need for real-time analytics also increase the importance of effective
device management to handle distributed networks efficiently. Enterprises
across manufacturing, healthcare, transportation, and smart city sectors are
increasingly adopting these platforms to optimize their AIoT infrastructure. As
a result, the IoT Device Management segment is expected to maintain its rapid
growth trajectory throughout the forecast period, driven by rising demand for
scalable, secure, and intelligent device management solutions.
Based on region, Asia
Pacific is rapidly emerging as the fastest-growing region in the global AIoT
Market, driven by rapid digital transformation across industries and increased
adoption of connected devices. Countries such as China, India, Japan, and South
Korea are investing heavily in smart infrastructure, manufacturing automation,
and smart city initiatives, creating strong demand for AIoT solutions.
The
region benefits from a large pool of technology talent, supportive government
policies, and expanding 5G and cloud infrastructure, enabling seamless
integration of artificial intelligence with Internet of Things devices. The
growing industrial base and rising consumer awareness about smart technologies
are accelerating AIoT deployments. These factors combined position Asia Pacific
to maintain its lead in market growth and innovation throughout the forecast
period.
Key
market players in the AIoT Market are: -
- IBM
Corporation
- Microsoft
Corporation
- Cisco
Systems, Inc.
- Amazon
Web Services, Inc.
- Google
LLC
- Intel
Corporation
- Siemens
AG
- General
Electric Company
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“The
Global AIoT Market is poised for significant growth driven by the convergence
of artificial intelligence and the Internet of Things, enabling smarter, more
efficient connected devices across industries. Advancements in machine
learning, data analytics, and edge computing will enhance real-time
decision-making and automation. Increasing adoption in sectors such as
manufacturing, healthcare, smart cities, and automotive will fuel demand. Expanding
5G networks and cloud infrastructure will support seamless connectivity and
scalability. As businesses prioritize digital transformation and operational
efficiency, investments in AIoT solutions are expected to accelerate,
positioning the market for robust expansion in the coming years.” said Mr.
Karan Chechi, Research Director of TechSci Research, a research-based global
management consulting firm.
“AIoT Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, By Technology (ML, NLP, Computer Vision, Context Aware AI), By Platform (IoT Device Management, IoT Application Enablement Platforms, IoT Connectivity Management, IoT Cloud, IoT Advanced Analytics), By Region & Competition, 2020-2030F” has evaluated the future growth potential
of AIoT Market and provides statistics & information on market size,
structure, and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in AIoT Market.
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