Industries
Medical AI - Facilities and Wearables
AI in the Military
According to Verified Market Research, the Global Military Artificial Intelligence (AI) Market is projected to grow at a CAGR of 14.49% from 2024 to 2031. The market was valued at USD 13.24 Billion in 2024 and is expected to reach USD 35.54 Billion in 2031. This is amidst a strong industrial expansion.
Utilities/Smart Grid
The global market for smart grid tech is estimated to grow from $36.9 billion in 2021 to $55.9 billion by 2026, at a compound annual growth rate (CAGR) of 8.7% during the forecast period of 2021-2026.
Manufacturing
The global IoT in manufacturing market size is expected to grow from USD 33.2 billion in 2020 to USD 53.8 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period.
Asset Tracking
Asset Tracking Market was valued at USD 17.14 billion in 2020 and is expected to reach USD 34.82 billion by 2026 at a CAGR of 13.45% during the forecast period of 2021 - 2026.