Artificial Intelligence of Things Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Artificial Intelligence of Things Market
The artificial intelligence of things market size was valued at USD 27.92 billion in 2022, and the market is now projected to grow from USD 35.65 billion in 2023 to USD 253.86 billion by 2030, exhibiting a CAGR of 32.4 % during the forecast period of 2023-2030.
The COVID-19 pandemic spurred speedy advancements within the healthcare industry, specifically in AIoT. Demand for contactless answers drove multiplied adoption, with AIoT-powered wearables monitoring critical signs and symptoms and AI chatbots enhancing virtual care via far flung interactions. This surge in innovation propelled market boom and heightened investment in studies and development.
AIoT is pivotal in shaping sustainable clever towns by way of revolutionizing digital houses and network infrastructure. Its integration facilitates efficient power and water management, assembly the growing call for for sustainability. Through process automation and intelligent decision-making, AIoT solutions optimize resource usage, using marketplace boom.
The integration of AIoT is revolutionizing industrial automation and robotics through enabling seamless communication and collaboration amongst AI-powered robots. These robots adeptly adapt to dynamic environments, execute complex responsibilities autonomously, and decrease human involvement, amplifying efficiency across production and logistics sectors.
Comprehensive Analysis of Artificial Intelligence of Things Market
The artificial intelligence of things market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated By Deployment Analysis, By Application Analysis, By Industry Analysis. By Deployment Analysis include cloud-based and edge AIoT. By Application Analysis include into video surveillance, robust asset management, inventory management, energy consumption management, predictive maintenance, real-time machinery conditioning monitoring, and supply chain management. By Industry Analysis include healthcare, automotive & transportation, manufacturing, retail, agriculture, logistics, BFSI, and others.
The North America region lead the artificial intelligence of things share by benefitting a market size of USD 9.94 billion in 2022 due to the to increasing availability of data.
The top gamers inside the market play a critical role in the industry assuring market boom and placing marketplace standards. These BOSCH, Advantech Co., Ltd., Nvidia Corporation, CMS Info Systems, Amazon Web Services, Microsoft, Inventec Corporation, Intel, Qualcomm, ARM, PTC. these market players provide a level-playing competitive landscape.
In June 2023 Dahua Technology hosted the Smart Building Global Summit, gathering over 50 real estate executives and industry leaders at its Hangzhou headquarters to discuss current challenges, emerging trends, and industry practices.
Segmentation Table
Attribute Details
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 32.4% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Deployment, By Application, By Industry, and Region
By Deployment Cloud-based
Edge AIoT
By Application Video Surveillance
Robust Asset Management
Inventory Management
Energy Consumption Management
Predictive Maintenance
Real-Time Machinery Condition Monitoring
Supply chain Management
By Industry Healthcare
Automotive & Transportation
Retail
Agriculture
Manufacturing
Logistics
BFSI
Others (Oil & Gas)
By Region North America (By Deployment, By Application, By Industry, and By Country)
- U.S.
- Canada
- Mexico
South America (By Deployment, By Application, By Industry, and By Country)
- Brazil
- Argentina
- Rest of South America
Europe (By Deployment, By Application, By Industry, and By Country)
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
Middle East & Africa (By Deployment, By Application, By Industry, and By Country)
- Turkey
- Israel
- GCC
- South Africa
- North Africa
- Rest of the Middle East & Africa
Asia Pacific (By Deployment, By Application, By Industry, and By Country)
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
Rest of Asia Pacific
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Porters Five Forces Analysis
- 4.5. Impact of COVID-19 on the Edible Packaging Market
- 5. Global Edible Packaging Market Analysis (USD Million), Insights and Forecast, 2019-2032
- 5.1. Market Analysis, Insights and Forecast – By Material
- 5.1.1. Protein
- 5.1.2. Polysaccharides
- 5.1.3. Lipid
- 5.1.4. Others
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Films
- 5.2.2. Coatings
- 5.2.3. Spoon & Fork
- 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast – By End Use
- 5.3.1. Food & Beverages
- 5.3.1.1. Fresh Food
- 5.3.1.2. Bakery & Confectionary
- 5.3.1.3. Dairy Products
- 5.3.1.4. Others
- 5.3.2. Pharmaceuticals
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Edible Packaging Market Analysis (USD Million), Insights and Forecast, 2019-2032
- 6.1. Market Analysis, Insights and Forecast – By Material
- 6.1.1. Protein
- 6.1.2. Polysaccharides
- 6.1.3. Lipid
- 6.1.4. Others
- 6.2. Market Analysis, Insights and Forecast – By Product Type
- 6.2.1. Films
- 6.2.2. Coatings
- 6.2.3. Spoon & Fork
- 6.2.4. Others
- 6.3. Market Analysis, Insights and Forecast – By End Use
- 6.3.1. Food & Beverages
- 6.3.1.1. Fresh Food
- 6.3.1.2. Bakery & Confectionary
- 6.3.1.3. Dairy Products
- 6.3.1.4. Others
- 6.3.2. Pharmaceuticals
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. United States Market Analysis, Insights and Forecast – By Product Type
- 6.4.1.1. Films
- 6.4.1.2. Coatings
- 6.4.1.3. Spoon & Fork
- 6.4.1.4. Others
- 6.4.2. Canada Market Analysis, Insights and Forecast – By Product Type
- 6.4.2.1. Films
- 6.4.2.2. Coatings
- 6.4.2.3. Spoon & Fork
- 6.4.2.4. Others
- 7. Europe Edible Packaging Market Analysis (USD Million), Insights and Forecast, 2019-2032
- 7.1. Market Analysis, Insights and Forecast – By Material
- 7.1.1. Protein
- 7.1.2. Polysaccharides
- 7.1.3. Lipid
- 7.1.4. Others
- 7.2. Market Analysis, Insights and Forecast – By Product Type
- 7.2.1. Films
- 7.2.2. Coatings
- 7.2.3. Spoon & Fork
- 7.2.4. Others
- 7.3. Market Analysis, Insights and Forecast – By End Use
- 7.3.1. Food & Beverages
- 7.3.1.1. Fresh Food
- 7.3.1.2. Bakery & Confectionary
- 7.3.1.3. Dairy Products
- 7.3.1.4. Others
- 7.3.2. Pharmaceuticals
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. United Kingdom Market Analysis, Insights and Forecast – By Product Type
- 7.4.1.1. Films
- 7.4.1.2. Coatings
- 7.4.1.3. Spoon & Fork
- 7.4.1.4. Others
- 7.4.2. Germany Market Analysis, Insights and Forecast – By Product Type
- 7.4.2.1. Films
- 7.4.2.2. Coatings
- 7.4.2.3. Spoon & Fork
- 7.4.2.4. Others
- 7.4.3. France Market Analysis, Insights and Forecast – By Product Type
- 7.4.3.1. Films
- 7.4.3.2. Coatings
- 7.4.3.3. Spoon & Fork
- 7.4.3.4. Others
- 7.4.4. Italy Market Analysis, Insights and Forecast – By Product Type
- 7.4.4.1. Films
- 7.4.4.2. Coatings
- 7.4.4.3. Spoon & Fork
- 7.4.4.4. Others
- 7.4.5. Spain Market Analysis, Insights and Forecast – By Product Type
- 7.4.5.1. Films
- 7.4.5.2. Coatings
- 7.4.5.3. Spoon & Fork
- 7.4.5.4. Others
- 7.4.6. Russia Market Analysis, Insights and Forecast – By Product Type
- 7.4.6.1. Films
- 7.4.6.2. Coatings
- 7.4.6.3. Spoon & Fork
- 7.4.6.4. Others
- 7.4.7. Rest of Europe Market Analysis, Insights and Forecast – By Product Type
- 7.4.7.1. Films
- 7.4.7.2. Coatings
- 7.4.7.3. Spoon & Fork
- 7.4.7.4. Others
- 8. Asia Pacific Edible Packaging Market Analysis (USD Million), Insights and Forecast, 2019-2032
- 8.1. Market Analysis, Insights and Forecast – By Material
- 8.1.1. Protein
- 8.1.2. Polysaccharides
- 8.1.3. Lipid
- 8.1.4. Others
- 8.2. Market Analysis, Insights and Forecast – By Product Type
- 8.2.1. Films
- 8.2.2. Coatings
- 8.2.3. Spoon & Fork
- 8.2.4. Others
- 8.3. Market Analysis, Insights and Forecast – By End Use
- 8.3.1. Food & Beverages
- 8.3.1.1. Fresh Food
- 8.3.1.2. Bakery & Confectionary
- 8.3.1.3. Dairy Products
- 8.3.1.4. Others
- 8.3.2. Pharmaceuticals
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China Market Analysis, Insights and Forecast – By Product Type
- 8.4.1.1. Films
- 8.4.1.2. Coatings
- 8.4.1.3. Spoon & Fork
- 8.4.1.4. Others
- 8.4.2. India Market Analysis, Insights and Forecast – By Product Type
- 8.4.2.1. Films
- 8.4.2.2. Coatings
- 8.4.2.3. Spoon & Fork
- 8.4.2.4. Others
- 8.4.3. Japan Market Analysis, Insights and Forecast – By Product Type
- 8.4.3.1. Films
- 8.4.3.2. Coatings
- 8.4.3.3. Spoon & Fork
- 8.4.3.4. Others
- 8.4.4. Australia Market Analysis, Insights and Forecast – By Product Type
- 8.4.4.1. Films
- 8.4.4.2. Coatings
- 8.4.4.3. Spoon & Fork
- 8.4.4.4. Others
- 8.4.5. South East Asia Market Analysis, Insights and Forecast – By Product Type
- 8.4.5.1. Films
- 8.4.5.2. Coatings
- 8.4.5.3. Spoon & Fork
- 8.4.5.4. Others
- 8.4.6. Rest of Asia Pacific Market Analysis, Insights and Forecast – By Product Type
- 8.4.6.1. Films
- 8.4.6.2. Coatings
- 8.4.6.3. Spoon & Fork
- 8.4.6.4. Others
- 9. Latin America Edible Packaging Market Analysis (USD Million), Insights and Forecast, 2019-2032
- 9.1. Market Analysis, Insights and Forecast – By Material
- 9.1.1. Protein
- 9.1.2. Polysaccharides
- 9.1.3. Lipid
- 9.1.4. Others
- 9.2. Market Analysis, Insights and Forecast – By Product Type
- 9.2.1. Films
- 9.2.2. Coatings
- 9.2.3. Spoon & Fork
- 9.2.4. Others
- 9.3. Market Analysis, Insights and Forecast – By End Use
- 9.3.1. Food & Beverages
- 9.3.1.1. Fresh Food
- 9.3.1.2. Bakery & Confectionary
- 9.3.1.3. Dairy Products
- 9.3.1.4. Others
- 9.3.2. Pharmaceuticals
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil Market Analysis, Insights and Forecast – By Product Type
- 9.4.1.1. Films
- 9.4.1.2. Coatings
- 9.4.1.3. Spoon & Fork
- 9.4.1.4. Others
- 9.4.2. Mexico Market Analysis, Insights and Forecast – By Product Type
- 9.4.2.1. Films
- 9.4.2.2. Coatings
- 9.4.2.3. Spoon & Fork
- 9.4.2.4. Others
- 9.4.3. Rest of Latin America Market Analysis, Insights and Forecast – By Product Type
- 9.4.3.1. Films
- 9.4.3.2. Coatings
- 9.4.3.3. Spoon & Fork
- 9.4.3.4. Others
- 10. Middle East & Africa Edible Packaging Market Analysis (USD Million), Insights and Forecast, 2019-2032
- 10.1. Market Analysis, Insights and Forecast – By Material
- 10.1.1. Protein
- 10.1.2. Polysaccharides
- 10.1.3. Lipid
- 10.1.4. Others
- 10.2. Market Analysis, Insights and Forecast – By Product Type
- 10.2.1. Films
- 10.2.2. Coatings
- 10.2.3. Spoon & Fork
- 10.2.4. Others
- 10.3. Market Analysis, Insights and Forecast – By End Use
- 10.3.1. Food & Beverages
- 10.3.1.1. Fresh Food
- 10.3.1.2. Bakery & Confectionary
- 10.3.1.3. Dairy Products
- 10.3.1.4. Others
- 10.3.2. Pharmaceuticals
- 10.4. Market Analysis, Insights and Forecast – By Country
- 10.4.1. GCC Market Analysis, Insights and Forecast – By Product Type
- 10.4.1.1. Films
- 10.4.1.2. Coatings
- 10.4.1.3. Spoon & Fork
- 10.4.1.4. Others
- 10.4.2. South Africa Market Analysis, Insights and Forecast – By Product Type
- 10.4.2.1. Films
- 10.4.2.2. Coatings
- 10.4.2.3. Spoon & Fork
- 10.4.2.4. Others
- 10.4.3. Rest of MEA Market Analysis, Insights and Forecast – By Product Type
- 10.4.3.1. Films
- 10.4.3.2. Coatings
- 10.4.3.3. Spoon & Fork
- 10.4.3.4. Others
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2023
- 11.2. Company Profile
- 11.2.1. XAMPLA
- 11.2.1.1. Business Overview
- 11.2.1.2. Product & Service Offering
- 11.2.1.3. Overall Revenue
- 11.2.1.4. Recent Development
- 11.2.2. Notpla Ltd.
- 11.2.2.1. Business Overview
- 11.2.2.2. Product & Service Offering
- 11.2.2.3. Overall Revenue
- 11.2.2.4. Recent Development
- 11.2.3. Biome Bioplastics
- 11.2.3.1. Business Overview
- 11.2.3.2. Product & Service Offering
- 11.2.3.3. Overall Revenue
- 11.2.3.4. Recent Development
- 11.2.4. JRF Technology
- 11.2.4.1. Business Overview
- 11.2.4.2. Product & Service Offering
- 11.2.4.3. Overall Revenue
- 11.2.4.4. Recent Development
- 11.2.5. Decomer Technology OÜ
- 11.2.5.1. Business Overview
- 11.2.5.2. Product & Service Offering
- 11.2.5.3. Overall Revenue
- 11.2.5.4. Recent Development
- 11.2.6. Lactips
- 11.2.6.1. Business Overview
- 11.2.6.2. Product & Service Offering
- 11.2.6.3. Overall Revenue
- 11.2.6.4. Recent Development
- 11.2.7. FlexSea
- 11.2.7.1. Business Overview
- 11.2.7.2. Product & Service Offering
- 11.2.7.3. Overall Revenue
- 11.2.7.4. Recent Development
- 11.2.8. MonoSol, LLC
- 11.2.8.1. Business Overview
- 11.2.8.2. Product & Service Offering
- 11.2.8.3. Overall Revenue
- 11.2.8.4. Recent Development
- 11.2.9. Evoware
- 11.2.9.1. Business Overview
- 11.2.9.2. Product & Service Offering
- 11.2.9.3. Overall Revenue
- 11.2.9.4. Recent Development
- 11.2.10. Nagase America
- 11.2.10.1. Business Overview
- 11.2.10.2. Product & Service Offering
- 11.2.10.3. Overall Revenue
- 11.2.10.4. Recent Development
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