Australia On-device AI Market Size, Share & Trends Analysis Report By Component (Hardware, Software, Services), By Application (Smartphones & Consumer Devices, Automotive & Transportation, Industrial IoT, Healthcare, Smart Home Devices) and Forecasts, 2025-2033
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Australia On-device AI Market Insights
Australia’s on-device AI market is gaining traction, particularly in sectors such as mining, healthcare, and smart agriculture. The country’s focus on operational efficiency and data security drives the adoption of AI at the edge, especially in remote environments where real-time decision-making is critical. A major driver is the increasing demand for AI-integrated wearables and autonomous systems in industrial operations. However, high hardware import dependency and limited AI-specific technical workforce act as restraints. Trends include growing interest in AI-enabled drones for environmental monitoring and bushfire management, as well as edge AI integration in telehealth services. The Australian government’s push for AI innovation through research grants and digital strategy programs offers key opportunities for market expansion. The market is poised for steady growth with a projected CAGR of about 18.9% through 2030.
TABLE - Australia On-device AI Market Size & Forecast By Component 2021-2033
| Component | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hardware | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Software | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Services | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
TABLE - Australia On-device AI Market Size & Forecast By Application 2021-2033
| Application | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 | CAGR (2024-2033) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Smartphones & Consumer Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Automotive & Transportation | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Industrial IoT | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Healthcare | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Smart Home Devices | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX | XX |
| Total | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX | XXX |
Source: Company Publications, Primary Interviews, and SR Analysis
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- Develop business strategies by understanding the trends shaping and driving the Market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
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