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Global AI and IoT market growth and infrastructure expansion

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2026-09-07 11:45 UTC → 2026-09-11 10:59 UTC · added ~~removed~~

Analysts continue to project rapid expansion of the AI sector. Gartner’s forecasts for 2026 see end-user spending on AI models and platforms reaching approximately $64 billion, a 63% rise from 2025. This includes a 117% increase in generative-AI model spend and a 210% rise in domain-specific language models. Total global IT spending is projected to climb to $6.37 trillion in 2026, driven largely by data-center systems and Infrastructure-as-a-Service. Recent financial reports underscore this infrastructure boom. CoreWeave reported a 112% year-over-year revenue increase to $2.58 billion, with its backlog surging 246% to $104.2 billion. Coherent also outperformed estimates, reporting $2.05 billion in revenue, driven by demand for AI-related optical transceivers. Long-term, the enterprise AI infrastructure market is expected to grow from approximately $18 billion in 2025 to $130 billion by 2035. New projections highlight significant growth in specialized sub-sectors. The AI Trust, Risk, and Security Management (AI TRiSM) market is expected to rise from $3.09 billion in 2026 to $11.61 billion by 2031. The global AI assistant market is projected to expand from $3.35 billion in 2025 to $21.11 billion by ~~2030.~~ 2030, representing a compound annual growth rate (CAGR) of 44.5%. Notably, the agentic CPU market is forecasted to reach approximately $1,155.2 billion by 2035, driven by the integration of autonomous AI agents. This hardware demand is reflected in logic chip sales, which reached $301.9 billion. Consequently, global data center electricity consumption is projected to nearly double from 415 TWh in 2024 to 945 TWh by 2030. Concurrently, the IoT sector shows parallel growth. The global IoT ~~connectivity and smart infrastructure market is projected to rise from $175.01~~ technology market, valued at $959.30 billion in ~~2025 to $509.72 billion by 2032, while the IoT middleware market~~ 2025, is ~~expected to grow from $23.57 billion in 2026~~ projected to ~~$58.63~~ reach $1,148.62 billion by ~~2032.~~ 2030.

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