Top Artificial Intelligence of Things (AIoT) Companies

Artificial Intelligence of Things (AIoT) Market size was valued at USD 82.01 Billion in 2023 and is poised to grow from USD 102.68 Billion in 2024 to USD 619.85 Billion by 2032, growing at a CAGR of 25.2% during the forecast period (2025-2032).

The global market is fragmented with potential entrants and existing players from various industries competing for a share. Established players include leading international technology corporations, specialist AIoT solution providers, as well as a new generation of startups focused on creating sustainable markets and unique value propositions. Players with the potential to transform the marketplace are primarily drawn from the technology sector given their stature in cloud computing, AI and IoT space in a bid to offer optimal AIoT solutions. Moreover, major dedicated AIoT players are also advancing fast and providing divergent optimized hardware platform and software tools for AIoT use cases.  'IBM (US) ', 'Sharp Global (Japan) ', 'AWS (US) ', 'Microsoft (US) ', 'Oracle (US) ', 'HPE (US) ', 'Cisco (US) ', 'Intel (US) ', 'Tencent Cloud (China) ', 'NXP (Netherlands) ', 'SAS (US) ', 'Hitachi (Japan) ', 'SAP (Germany) ', 'AxiomTek (Taiwan) ', 'Autoplant Systems India Pvt. Ltd. (India) ', 'Williot (Israel) ', 'Terminus Group (China) ', 'Robert Bosch GmbH (Germany) ', 'Semifive (South Korea) ', 'Falkonry (US)'

AIoT is playing a key role in redefining digital homes and building sustainable communities. This has led to increased consumption of sustainable energy and water in smart cities, leading to market growth. This solution enables automated planning, intelligent decision-making, and improved productivity.  

Increasing Technological Automation and Robotics in AIoT To Increase Service Demand: AIoT is changing industrial automation and robotics. AI-powered robots can communicate and cooperate with each other, adapt to changing environments, and perform complex tasks with minimal human intervention. This trend is driving growth in sectors such as manufacturing and logistics. Furthermore, AIOT enhances robots by enabling intelligent systems. IoT devices embedded in robots collect data from their environment, such as sensor readings, environmental conditions, and device performance. Artificial intelligence (AI) algorithms can process this data to make informed decisions, adapt to changing environments, and perform tasks more efficiently. Smart robots can integrate with humans and other robots, increasing productivity and flexibility in industrial applications.

North America dominated the global artificial intelligence of things (AIoT) market with a 35.6% share in 2022. This growth is attributed to the rising adoption of IoT across industries in the region. Additionally, AIoT platforms provide the infrastructure and tools needed to effectively manage data. Predictive analytics is also driving the market in this area.