Canada Artificial Intelligence (ai) Sensor Market Size & Outlook

The artificial intelligence (ai) sensor market in Canada is expected to reach a projected revenue of US$ 3,256.6 million by 2030. A compound annual growth rate of 40% is expected of Canada artificial intelligence (ai) sensor market from 2024 to 2030.
Revenue, 2023 (US$M)
$309.1
Forecast, 2030 (US$M)
$3,256.6
CAGR, 2024 - 2030
40%
Report Coverage
Canada

Canada artificial intelligence (ai) sensor market highlights

  • The Canada artificial intelligence (ai) sensor market generated a revenue of USD 309.1 million in 2023 and is expected to reach USD 3,256.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 40% from 2024 to 2030.
  • In terms of segment, machine learning was the largest revenue generating technology in 2023.
  • Context-aware Computing is the most lucrative technology segment registering the fastest growth during the forecast period.

Artificial intelligence (ai) sensor market data book summary

Market revenue in 2023USD 309.1 million
Market revenue in 2030USD 3,256.6 million
Growth rate40% (CAGR from 2023 to 2030)
Largest segmentMachine learning
Fastest growing segmentContext-aware Computing
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationNLP, Machine Learning, Computer Vision, Context-aware Computing
Key market players worldwideACI Worldwide Inc, Baidu Inc ADR, BAE Systems PLC, RELX PLC ADR, Oracle Corp, Sensata Technologies Holding PLC, Sensirion, Sony Group Corp, SAS, Teledyne Technologies Inc

Other key industry trends

  • In terms of revenue, Canada accounted for 9.5% of the global artificial intelligence (ai) sensor market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. artificial intelligence (ai) sensor market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 3,256.6 million by 2030.

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Artificial Intelligence (AI) Sensor Market Companies

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Canada 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 30.83% in 2023. Horizon Databook has segmented the Canada 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.


  • Canada Artificial Intelligence (AI) Sensor Technology Outlook (Revenue, USD Million, 2017-2030)
    • NLP
    • Machine Learning
    • Computer Vision
    • Context-aware Computing
  • Canada Artificial Intelligence (AI) Sensor Type Outlook (Revenue, USD Million, 2017-2030)
    • Pressure
    • Temperature
    • Optical
    • Position
    • Ultrasonic
    • Motion
    • Navigation
    • Others
  • Canada Artificial Intelligence (AI) Sensor Application Outlook (Revenue, USD Million, 2017-2030)
    • Automative
    • Consumer Electronic
    • Manufacturing
    • Aerospace & Defense
    • Robotics
    • Smart home automation
    • Healthcare
    • Others (Agriculture, Public Sector, etc.)

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada artificial intelligence (ai) sensor market , including forecasts for subscribers. This country databook contains high-level insights into Canada artificial intelligence (ai) sensor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Canada artificial intelligence (ai) sensor market size, by technology, 2017-2030 (US$M)

Canada Artificial Intelligence (AI) Sensor Market Outlook Share, 2023 & 2030 (US$M)

Canada artificial intelligence (ai) sensor market size, by technology, 2017-2030 (US$M)

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