Generative AI in IoT Market Anticipated To Witness Robust Growth, Surpassing $5.46 Billion By 2029

The Generative AI in IoT Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Generative AI in IoT Market Size and Its Estimated Growth Rate?
The generative AI in IoT market size will grow from $1.58 billion in 2024 to $2.03 billion in 2025, with a CAGR of 28.3%. The historic growth is driven by increased IoT device adoption, demand for enhanced security, the need for better operational efficiency, AI technology advancements, growing data volumes, a focus on predictive maintenance, and the evolution of cloud computing.

The generative AI in IoT market size is expected to grow to $5.47 billion in 2029 at a CAGR of 28.1%. This growth is due to the increasing complexity of IoT systems, AI-edge computing integration, smart city initiatives, R&D investments, advancements in natural language processing, focus on personalization, and AI regulation. Key trends include AI algorithm advancements, 5G integration, autonomous systems, AI-powered analytics, edge AI solutions, a

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How Are Emerging Segments Shaping the Generative AI in IoT Market Landscape?
The generative AI in IoT market covered in this report is segmented -

1) By Technology Providers: Established AI Technology Companies, IoT Platform Providers, Cloud Service Providers, Specialized Generative AI Startups
2) By Deployment Mode: On Device, Cloud Based
3) By Application: Anomaly Detection, Predictive Maintenance, Adaptive Control, Resource Optimization, Personalized Services, Contextual Decision Making
4) By Industry Vertical: Manufacturing, Healthcare, Transportation, Agriculture, Other Industries

Subsegments:
1) By Established AI Technology Companies: Major AI Solution Providers, Global Tech Enterprises, AI-Focused Research Labs, AI Hardware Providers
2) By IoT Platform Providers: End-to-End IoT Platform Vendors, IoT Device Management Providers, Edge Computing Platform Providers, Connectivity Management Solutions
3) By Cloud Service Providers: Cloud Infrastructure Providers, Cloud-Based AI And ML Service Providers, Hybrid Cloud Solution Providers
4) By Specialized Generative AI Startups: Niche AI Startups Focused On IoT Integration, Emerging AI-Driven IoT Solutions Companies, Vertical-Specific AI Startups, Edge AI And Analytics Startups

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Which Growth Factors Are Influencing Generative AI in IoT Market Expansion?
The growing requirement for anomaly detection in IoT networks is expected to drive the generative AI in the IoT market. Anomaly detection identifies irregular patterns in IoT device data, essential for improving security, early fault detection, and maintaining reliable operations. Generative AI enhances this process by recognizing unusual behaviors using advanced algorithms, minimizing downtime, and improving decision-making. For instance, a Check Point report from April 2023 showed a 41% rise in weekly IoT-related attacks compared to 2022, with 54% of organizations facing weekly cyber threats on IoT devices. Hence, rising demand for anomaly detection is pushing growth in the generative AI in IoT market.

Who Are the Dominant Players Across Different Generative AI in IoT Market Segments?
Major companies operating in the generative AI in IoT market are Google LLC, Microsoft Corporation, Dell Technologies Inc., Bosch Group, Huawei Technologies Co. Ltd., Amazon Web Services Inc. (AWS), Siemens AG, General Electric Company (GE), Intel Corporation, accenture* plc, International Business Machines Corporation (IBM), Cisco Systems Inc., Qualcomm Incorporated, Oracle Corporation, Schneider Electric SE, Honeywell International Inc., SAP SE, Fujitsu Limited, NVIDIA Corporation, Keysight Technologies Inc, Fortinet, Inc, Hitachi Vantara LLC, PTC Inc., Palantir Technologies Inc., Temenos AG, C3.AI inc.

What Are the Major Trends Shaping the Generative AI in IoT Market?
In the generative AI for IoT market, companies are focusing on advanced solutions like AI IoT security assistants to enhance operational efficiency and address the cybersecurity skills gap. For instance, in May 2024, Fortinet launched its first AI-powered IoT security assistant. This service integrates FortiAI and automates tasks such as IoT vulnerability detection and threat analysis, streamlining operations and improving security by allowing teams to manage tasks with ease.

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Which Geographic Regions Are Expected to Dominate the Generative AI in IoT Market in the Coming Years?
North America was the largest region in the generative AI in IoT market in 2024. The regions covered in the generative AI in IoT market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative AI in IoT Market?
2. What is the CAGR expected in the Generative AI in IoT Market?
3. What Are the Key Innovations Transforming the Generative AI in IoT Industry?
4. Which Region Is Leading the Generative AI in IoT Market?

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