Global Artificial Intelligence (ai) Sensor Market Size & Outlook
Global artificial intelligence (ai) sensor market, 2017-2030 (US$M)
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Global artificial intelligence (ai) sensor market highlights
- The global artificial intelligence (ai) sensor market generated a revenue of USD 3,266.6 million in 2023 and is expected to reach USD 41,170.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 43.6% by 2030.
- In terms of segment, machine learning accounted for a revenue of USD 1,003.2 million in 2023.
- Context-aware Computing is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 3,266.6 million |
| Market revenue in 2030 | USD 41,170.5 million |
| Growth rate | 43.6% (CAGR from 2023 to 2030) |
| Largest segment | Machine learning |
| Fastest growing segment | Context-aware Computing |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | NLP, Machine Learning, Computer Vision, Context-aware Computing |
Other key industry trends
- In terms of revenue, the North America accounted for 39.0% of the global artificial intelligence (ai) sensor market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 7,241.9 million by 2030.
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Artificial Intelligence (AI) Sensor Market Scope
Artificial Intelligence (AI) Sensor Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global artificial intelligence (ai) sensor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to artificial intelligence (ai) sensor market will help companies and investors design strategic landscapes.
Machine learning was the largest segment with a revenue share of 30.71% in 2023. Horizon Databook has segmented the Global artificial intelligence (ai) sensor market based on nlp, machine learning, computer vision, context-aware computing covering the revenue growth of each sub-segment from 2017 to 2030.
The key attributes that sensors offer to support the intelligent industry are accuracy, dependability, and longevity. For Industry 4.0, sensors can be applied in early failure detection and predictive maintenance systems where vibration, temperature, pressure, sound, and acoustics analyses are needed, thus driving their usage in automation and Industry 4.0 applications.
Due to Industry 4.0 and the acceptance of the IoT, massive shifts in manufacturing require enterprises to adopt agile, more intelligent, and innovative ways to advance production with technologies that complement and augment human labor with automation and reduce industrial accidents caused by process failure. The high adoption rate of connected devices and sensors and the enabling of M2M communication, there has been an increase in the number of data generated in the manufacturing industry. Moreover, Cisco, by 2023, machine-to-machine (M2M) connections that support IoT applications are expected to account for over half of the world's 14.7 billion connected devices.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global artificial intelligence (ai) sensor market , including forecasts for subscribers. This global databook contains high-level insights into Global artificial intelligence (ai) sensor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global artificial intelligence (ai) sensor market size, by region, 2017-2030 (US$M)
Top 10 countries by Artificial Intelligence (ai) Sensor Market revenue, 2023 (US$M)
Global artificial intelligence (ai) sensor market share, by technology, 2023 & 2030 (%, US$M)
Artificial intelligence (ai) sensor market: Opportunity assessment by country
Global artificial intelligence (ai) sensor market, by region, 2023 (US$M)
Related regional statistics
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