April 17, 2025 - 14:39
The AIoT market is on track to experience remarkable growth, projected to leap from USD 18.37 billion in 2024 to an impressive USD 79.13 billion by 2030. This substantial increase represents a compound annual growth rate (CAGR) of 27.6%. A primary catalyst for this expansion is the rising integration of artificial intelligence (AI) into Internet of Things (IoT) devices across various sectors, including manufacturing, healthcare, and smart city initiatives.
The advancement of 5G connectivity and cloud computing technologies further enhances this integration, allowing for more efficient and effective AIoT solutions. Within the market, professional services are expected to dominate in terms of overall size, while managed services are projected to experience the fastest growth rate.
Regionally, the Asia Pacific area is anticipated to lead the charge in AIoT adoption, driven by increasing investments in smart infrastructure and technological innovation. The future of AIoT looks promising, with vast opportunities on the horizon.
