North America AI in IoT Market (2025-2031) | Industry, Revenue, Trends, Companies, Size, Forecast, Growth, Value, Share & Analysis

North America AI in IoT Market Highlights

Report Name	North America AI in IoT Market
Forecast Period	2025-2031
Market Size	USD 19.5 billion by 2031
CAGR	7.24%
Growing Sector	Agriculture

Topics Covered in the North America AI In IoT Market Report

North America AI In IoT Market report thoroughly covers the market By Countries, By Component, By Vertical, and By Technology. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

North America AI In IoT Market Size Analysis

North America AI in IoT market is expected to reach USD 19.5 billion by 2031, growing at a CAGR of 7.24% during the forecast period of 2021-2031. The increasing adoption of connected devices and advancements in artificial intelligence technology are the major factors driving the growth of this market. With the rise of smart homes, smart cities, and industrial automation, there is a growing demand for AI-powered solutions in various industries such as healthcare, manufacturing, transportation, and retail.

North America AI In IoT Market Synopsis

North America AI In IoT Market is witnessing a remarkable growth, driven by the increasing adoption of IoT devices across various sectors such as agriculture, healthcare, and manufacturing. The integration of Artificial Intelligence (AI) with the Internet of Things (IoT) is revolutionizing these sectors by enabling smarter decision-making processes, optimizing operational efficiencies, and enhancing productivity. In agriculture, for instance, AI-powered IoT devices are being used to monitor soil moisture levels and predict weather patterns, thereby assisting in precision farming. The healthcare sector is also benefiting from this synergy, with AI-enhanced wearable devices and remote monitoring tools improving patient outcomes.

According to 6Wresearch, the North America AI In IoT Market size is anticipated to reach a CAGR of 7.24% during the forecast period of 2025-2031. The growth of the market is propelled by several key factors, including a surge in the adoption of smart devices and internet penetration across the continent. With an expanding urban population and a youthful demographic eager to adopt technology, the demand for smart, IoT-enabled solutions is on the rise. Major trends shaping the industry include the integration of AI with IoT to enhance decision-making processes, improve efficiency in various sectors such as agriculture, healthcare, and retail, and foster sustainable development practices.

However, the North America AI In IoT Market Growth is limited due to concerns over data privacy, the digital divide between urban and rural areas, and limited infrastructure capabilities in some regions. Despite these challenges, the market is ripe with emerging opportunities. Advancements in AI and IoT technologies offer potential for innovative solutions to longstanding issues, such as precision agriculture to combat food insecurity, and e-health services to improve access to medical care, presenting a promising outlook for the continent’s technological landscape.

North America AI In IoT Market Trends

One of the key trends shaping the North America AI in IoT market is the increasing integration of artificial intelligence with IoT devices. This combination enables smarter decision-making processes, leading to improved operational efficiency and productivity across various sectors such as agriculture, healthcare, and retail. Another trend is the growing demand for smart devices and internet connectivity in urban areas, driven by an expanding population and a younger demographic eager to adopt technology. Additionally, sustainable development practices are gaining traction through the use of AI-powered IoT solutions.

Investment Opportunities in North America AI In IoT Industry

The North America AI in IoT market presents lucrative investment opportunities for both established players and new entrants. With the rising demand for smart devices and internet connectivity, there is a growing need for innovative solutions to cater to the needs of various sectors such as agriculture, healthcare, and manufacturing. This opens up avenues for companies to develop and offer cutting-edge AI-enabled IoT products and services that can enhance operational efficiencies and improve decision-making processes. Additionally, partnerships between local governments and technology companies can further drive the growth of the market by implementing smart city initiatives.

Government Regulations

The North America AI in IoT market has witnessed a significant transformation due to various government policies and schemes aimed at fostering innovation and growth in this sector. Governments across the continent have launched initiatives to encourage the use of artificial intelligence (AI) and Internet of Things (IoT) technologies in key industries such as agriculture, healthcare, and transportation. These policies include investment in tech hubs, offering tax incentives for start-ups, and implementing regulations that support data protection and privacy. Governments across North America have invested heavily in building tech hubs to support the growth of AI and IoT industries.

Key Players in the North America AI In IoT Market

Several key players dominate the North America AI in IoT Market Share, driving innovation and providing cutting-edge solutions. Notable companies include IBM North America, Microsoft North America, and local startups like Interswitch and Zipline, which have been pivotal in integrating AI with IoT devices to solve complex challenges. Their initiatives range from improving financial services to deploying drones for medical deliveries in remote areas.

Future Insights of the North America AI In IoT Market

The future of the North America AI in IoT industry looks promising, with projections indicating exponential growth. The integration of AI and IoT is expected to revolutionize various sectors by improving efficiency, reducing costs, and enhancing services delivery. However, the speed of this growth will largely depend on continued investment in infrastructure, education, and policies conducive to technological innovation. The emergence of local startups and international partnerships will also play a key role in shaping the future landscape of this market. Overall, the North America AI in IoT market has immense potential to transform industries and improve the lives of people across the continent.

Market Segmentation Analysis

The report offers a comprehensive study of the subsequent market segments and their leading categories

United States to Dominate the Market - By countries

US is expected to dominate the North America AI Iot Market through the forecast period 2025-2031 as the demand for AI in IoT is rising more in the country due to the advancements that have been happening.

Software Solutions to Dominate the Market - By Component

According to Dhaval, Research Manager, 6Wresearch, software solutions segment is expected to dominate the market due to advancements in AI and IoT technologies, leading to the development of more sophisticated and efficient software solutions for various industries.

Machine Learning to Dominate the Market - By Technology 

The Machine Learning (ML) and Deep Learning are experiencing substantial growth due to their pivotal role in predictive analytics and decision-making processes across various sectors, particularly in agriculture for crop yield prediction and in healthcare for disease diagnosis and treatment planning.

Healthcare and Life Sciences to Dominate the Market - By Vertical

Healthcare and Life Sciences are experiencing remarkable growth in the AI in IoT market in North America on the back of increasing demand for telemedicine, patient monitoring systems, and diagnostic solutions powered by AI, which have become particularly vital in enhancing healthcare accessibility and quality.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2021 to 2024.
• Base Year: 2024.
• Forecast Data until 2031.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• North America AI in IoT Market Outlook
• Market Size of North America AI in IoT Market, 2024
• Forecast of North America AI in IoT Market, 2031
• Historical Data and Forecast of North America AI in IoT Revenues & Volume for the Period 2021 - 2031
• North America AI in IoT Market Trend Evolution
• North America AI in IoT Market Drivers and Challenges
• North America AI in IoT Price Trends
• North America AI in IoT Porter's Five Forces
• North America AI in IoT Industry Life Cycle
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Component for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Platforms for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Software Solutions for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Services for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Component for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Platforms for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Software Solutions for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Services for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Component for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Platforms for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Software Solutions for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Services for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Energy and Utilities for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Transportation and Mobility for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By BFSI for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Government and Defense for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021 - 2031
• Historical Data and Forecast of North America Manufacturing AI in IoT Market Revenues & Volume By Telecom for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Energy and Utilities for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Transportation and Mobility for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By BFSI for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Government and Defense for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021 - 2031
• Historical Data and Forecast of United States Manufacturing AI in IoT Market Revenues & Volume By Telecom for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Vertical for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Manufacturing for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Energy and Utilities for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Transportation and Mobility for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By BFSI for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Government and Defense for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Retail for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021 - 2031
• Historical Data and Forecast of Canada Manufacturing AI in IoT Market Revenues & Volume By Telecom for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By Technology for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By ML and Deep Learning for the Period 2021 - 2031
• Historical Data and Forecast of North America AI in IoT Market Revenues & Volume By NLP for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By Technology for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By ML and Deep Learning for the Period 2021 - 2031
• Historical Data and Forecast of United States AI in IoT Market Revenues & Volume By NLP for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By Technology for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By ML and Deep Learning for the Period 2021 - 2031
• Historical Data and Forecast of Canada AI in IoT Market Revenues & Volume By NLP for the Period 2021 - 2031
• North America AI in IoT Market - Key Performance Indicators
• North America AI in IoT Market - Import Export Trade Statistics
• North America AI in IoT Market - Opportunity Assessment By Countries
• North America AI in IoT Market - Opportunity Assessment By Component
• North America AI in IoT Market - Opportunity Assessment By Vertical
• North America AI in IoT Market - Opportunity Assessment By Technology
• North America AI in IoT Market - Top Companies Market Share
• North America AI in IoT Market - Top Companies Profiles
• North America AI in IoT Market - Comparison of Players in Technical and Operating Parameters
• North America AI in IoT Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Countries

• United States
• Canada

By Component

• Platforms
• Software Solutions
• Services

By Vertical

• Manufacturing
• Energy And Utilities
• Transportation And Mobility
• BFSI
• Government And Defense
• Retail
• Healthcare And Life Sciences
• Telecom

By Technology

• ML And Deep Learning
• NLP