AI in IoT Market: Enabling Intelligent Connectivity and Automation at Scale
The Global AI in IoT Market is projected to surge from USD 33.3 billion in 2023 to USD 201.3 billion by 2033, expanding at a CAGR of 19.7% between 2024 and 2033. This growth reflects increasing demand for intelligent automation across industries such as manufacturing, healthcare, smart cities, and transportation. As IoT devices generate massive data volumes, AI is increasingly integrated to optimize operations, enhance decision-making, and enable predictive analytics. The market’s upward trajectory is driven by the convergence of real-time data processing, cloud-edge AI, and scalable IoT ecosystems.
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