Global Industrial Artificial Intelligence Industry Outlook 2025-2029: Market Set to Cross $47.95 Billion Milestone

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How Large Will the Industrial Artificial Intelligence Market Size By 2025?_x000D_
The size of the industrial artificial intelligence market has expanded significantly over the past few years. The market is projected to inflate from $6.08 billion in 2024 to $9.06 billion in 2025, showing a compound annual growth rate (CAGR) of 49.1%. This surge during the historical period is related to improvements in automation in manufacturing, quality control, energy management, data analytics for strategic decisions, smart grids, and cybersecurity solutions._x000D_
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How Big Is the Industrial Artificial Intelligence Market Size Expected to Grow by 2029?_x000D_
Predicted to witness substantial expansion in the coming years, the industrial artificial intelligence market size is slated to reach $47.95 billion in 2029, as it grows at a compounded annual growth rate (CAGR) of 51.7%. Major factors propelling this growth in the forecast period may be credited to the skyrocketing growth of big data, the rise of autonomous vehicles in logistics, regulatory backing, the advent of quantum computing, and tailoring requirements. The forecast period also anticipates trends such as ai-mediated quality inspection and control, digital counterparts for simulation and observation, ai-boosted automation and robotics, ai for managing energy and ensuring sustainability, as well as ai-empowered threat detection for cybersecurity._x000D_
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Which Key Market Drivers Powering Industrial Artificial Intelligence Market Expansion and Growth?_x000D_
Advancements in automation technologies are anticipated to fuel the expansion of the industrial artificial intelligence market. These technologies encompass a diverse set of tools and systems designed to execute tasks with minimal human involvement. Industrial AI is being utilized as it helps refine operations, minimize errors, improve productivity, cut operational expenses, and allows companies to assign human employees to tasks of higher value, thereby promoting efficiency, competitiveness and innovation. For example, projections by the International Federation of Robotics (IFR), a professional non-profit organization based in Germany, stated that by September 2023, the total number of service robots employed for professional use will touch 158,000 units in 2022, demonstrating a 48% growth. Furthermore, 553,052 industrial robot installations have been reported globally in 2022, showing an annual growth rate of 5%. Consequently, the growing implementation of automation technologies is likely to stimulate the industrial artificial intelligence market's growth._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Industrial Artificial Intelligence Market?_x000D_
Prominent companies active in the industrial artificial intelligence market are concentrating on the progression of inventive technologies, like generative AI platforms, to assure dependable customer service. Generative AI encompasses deep-learning algorithms capable of producing high-quality writing, graphics, and additional content based on the data they have been trained on. For example, SparkCognition, an AI solutions provider from the US, introduced the Generative AI Platform specifically for the industrial sector in March 2023. It's specifically engineered to autonomously produce first-rate content utilizing created text, images, audio, and other signals to autonomously enrich data sets. With this advanced capability, companies can deploy AI even in scenarios with limited data sets, thereby enhancing and expediting outcomes. The SC Generative AI Platform elevates low-fidelity data to offer high-fidelity insights. It expands low-resolution images to high-resolution views, providing a more thorough insight into asset performance or a complete end-to-end process._x000D_
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What Are the Emerging Segments in the Industrial Artificial Intelligence Market?_x000D_
The industrial artificial intelligencemarket covered in this report is segmented -_x000D_
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1) By Offering: Hardware, Software, Platform, Solution_x000D_
2) By Technology: Computer Vision, Deep Learning, Natural Language Processing (NLP), Context Awareness_x000D_
3) By Deployment Type: On-Premises, Cloud Based, Hybrid Based_x000D_
4) By Company Size: Small Medium Enterprises, Larger Enterprises_x000D_
5) By Industry Vertical: Manufacturing, Automotive, Energy, Healthcare, Agriculture, Transportation And Logistics_x000D_
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Subsegments:_x000D_
1) By Hardware: AI-Powered Sensors, Edge Devices, Specialized AI Chips_x000D_
2) By Software: Machine Learning Algorithms, Computer Vision Software, Natural Language Processing (NLP) Tools_x000D_
3) By Platform: AI Development Platforms, Data Management Platforms, Cloud-Based AI Platforms_x000D_
4) By Solution: Predictive Maintenance Solutions, Quality Control Solutions, Supply Chain Optimization Solutions_x000D_
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Who Are the Global Leaders in the Industrial Artificial Intelligence Market?_x000D_
Major companies operating in the industrial artificial intelligence market report are Alphabet Inc., Microsoft Corporation, Mitsubishi Electric Corporation, Alibaba Group Holding Limited, Robert Bosch GmbH, Huawei Technologies Co. Ltd., Siemens AG, General Electric Company, Intel Corporation, accenture* PLC, International Business Machines Corporation, Cisco Systems Inc., Schneider Electric SE, SAP SE, ABB Ltd., NVIDIA Corporation, Salesforce.com Inc., Toshiba Corporation, Gerdau S.A., Rockwell Automation Inc., Fanuc Corporation, Yaskawa Electric Corporation, General Vision Inc., Neoris Holdings LLC, TOTVS S.A., Stefanini Inc., Sight Machine Inc., Aibrain Inc., Datarpm Inc., Softtek Servicios Corporativos S.A. de C.V._x000D_
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Which are the Top Profitable Regional Markets for the Industrial Artificial Intelligence Industry?_x000D_
North America was the largest region in the industrial artificial intelligence market in 2024. The regions covered in the industrial artificial intelligence market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa_x000D_
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