Canada Artificial Intelligence Of Things (aiot) Market Size & Outlook

The artificial intelligence of things (aiot) market in Canada is expected to reach a projected revenue of US$ 94.9 million by 2030. A compound annual growth rate of 32.2% is expected of Canada artificial intelligence of things (aiot) market from 2025 to 2030.
Revenue, 2024 (US$M)
$17.8
Forecast, 2030 (US$M)
$94.9
CAGR, 2025 - 2030
32.2%
Report Coverage
Canada

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Canada artificial intelligence of things (aiot) market, 2018-2030 (US$M)

Canada artificial intelligence of things (aiot) market, 2018-2030 (US$M)

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Canada artificial intelligence of things (aiot) market highlights

  • The Canada artificial intelligence of things (aiot) market generated a revenue of USD 17.8 million in 2024 and is expected to reach USD 94.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 32.2% from 2025 to 2030.
  • In terms of segment, hardware was the largest revenue generating component in 2024.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.


Artificial intelligence of things (aiot) market data book summary

Market revenue in 2024USD 17.8 million
Market revenue in 2030USD 94.9 million
Growth rate32.2% (CAGR from 2025 to 2030)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services


Other key industry trends

  • In terms of revenue, Canada accounted for 10.4% of the global artificial intelligence of things (aiot) market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. artificial intelligence of things (aiot) market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 12.2 million by 2030.

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Artificial Intelligence of Things (AIoT) Market Companies

Name Profile # Employees HQ Website
PTC Inc View profile 7231 121 Seaport Boulevard, Boston, MA, United States, 02210 https://www.ptc.com
Salesforce Inc View profile 72682 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 https://www.salesforce.com
SAS AB View profile 8099 Frosundaviks Alle 1, Solna, Stockholm, Sweden, SE-195 87 https://www.sasgroup.net
Alphabet Inc Class A View profile 180895 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 https://www.abc.xyz
Microsoft Corp View profile 221000 One Microsoft Way, Redmond, WA, United States, 98052-6399 https://www.microsoft.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Canada artificial intelligence of things (aiot) 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 of things (aiot) market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 70.79% in 2024. Horizon Databook has segmented the Canada artificial intelligence of things (aiot) market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of artificial intelligence of things (aiot) market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada artificial intelligence of things (aiot) market , including forecasts for subscribers. This country databook contains high-level insights into Canada artificial intelligence of things (aiot) market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada Component - Artificial Intelligence Of Things (aiot) Market size, 2024 - 2030 (US$M)

Canada Artificial Intelligence of Things (AIoT) Market Outlook Share, 2024 & 2030 (US$M)

Canada Component - Artificial Intelligence Of Things (aiot) Market size, 2024 - 2030 (US$M)

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