AIoT Market Expected to Skyrocket, Reaching USD 79.13 Billion by 2030
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.
MORE NEWS
November 2, 2026 - 19:22
Wall Street Ends Mixed as Tech Selloff Weighs on MarketsUS stock indexes finished Monday`s session with mixed results as investors navigated a continued selloff in technology shares and a drop in crude oil prices. The technology sector remained under...
November 2, 2026 - 00:52
What Cognizant Technology Solutions AI Push Means For ShareholdersCognizant Technology Solutions reported third quarter 2026 sales of US$5,664 million and net income of US$627 million, with an adjusted operating margin reaching a four year high. The company also...
November 1, 2026 - 03:46
DEWA Signs Three Technology Agreements with Huawei, Nozomi Networks and Syskey Softlabs at WETEXThe Dubai Electricity and Water Authority has signed three separate technology agreements at the Water, Energy, Technology and Environment Exhibition, known as WETEX. The deals were arranged...
October 31, 2026 - 10:36
West Kentucky Tech Center Launches Aviation Maintenance ProgramWest Kentucky Community and Technical College has introduced a new Aviation Maintenance Technology program aimed at preparing students for careers in aircraft upkeep and repair. The initiative...