The market

The size of industrial AI and DataOps, what unplanned downtime and unused data cost, the money committed to water, the people retiring, and the EU rules that now apply. Every figure linked to its source.

A large market, an expensive problem, and rules that now require the answer.

Every figure below was read at its source, and each links to it. Where a number is often repeated but we could not find where it comes from, it is not here.

The size of the category

Industrial AI

$43.6B → $154B

The industrial AI market was worth $43.6 billion in 2024 and is forecast to reach $153.9 billion by 2030, growing 23% a year. It is still about 0.1% of an average manufacturer's revenue. IoT Analytics, 2025

Industrial DataOps

49% a year

The layer that prepares plant data for use is under 0.1% of an $89 billion industrial connectivity market, and is forecast to grow 49% a year to 2028. IoT Analytics, 2024

Industrial software

$146B → $355B

Industrial software was a $146 billion market in 2023, forecast to reach $355 billion by 2030. IoT Analytics, 2024

What the category is worth

$3.1B in cash

Schneider Electric agreed to buy Cognite, an Oslo industrial data company with about $170 million revenue in 2025, for $3.1 billion in cash, and fold it into AVEVA, which it took private in 2023 at about £9.9 billion. Hydrocarbon Processing, 2026

What the problem costs

Unplanned downtime

$1.4 trillion

Unplanned downtime costs the world's 500 largest companies about 11% of their revenue a year. One lost hour on an automotive line costs $2.3 million. Siemens, The True Cost of Downtime 2024

Data nobody uses

68% unused

Only 32% of the data available to enterprises is put to work; the rest is collected and left. Seagate and IDC, Rethink Data

Projects that fall short

70%

Seven in ten digital transformations fall short of their objectives. BCG, 2020

Water lost before the tap

126 bn m³

The world loses about 126 billion cubic metres of treated water a year to leaks and errors, worth about $40 billion. World Bank, citing Liemberger and Wyatt

The money already committed

Water, worldwide

$6.7 trillion

Global water infrastructure needs $6.7 trillion of financing by 2030 and $22.6 trillion by 2050. OECD, Financing Water

Water, in the EU

€289 billion

EU water services need €289 billion of extra investment by 2030 to comply with existing law, on top of about €100 billion spent each year. European Commission, 2020

Water, in Norway

NOK 411 to 535 bn

Norwegian municipalities need NOK 411 to 535 billion of water and wastewater investment over twenty years. Norsk Vann, 2025, via NTB

The people who run it

1 in 3

About a third of US drinking water and wastewater operators can retire within ten years; in US manufacturing, 1.9 million of 3.8 million needed jobs could go unfilled by 2033. US EPA; Deloitte and The Manufacturing Institute

The rules that now apply

NIS2

€10M or 2%

Drinking water and wastewater operators are in scope of the EU's cyber security directive since October 2024, with fines up to €10 million or 2% of global turnover for essential entities. European Commission, NIS2

Critical entities

July 2026

Member States had to name their critical entities, energy and water among them, by 17 July 2026, and those entities must show they can keep running. Directive (EU) 2022/2557

The Data Act

Sept 2025

Since 12 September 2025 a plant has the right to have its machine data shared with a third party of its choice. European Commission, Data Act

The AI Act

Dec 2027

Rules for high-risk AI in critical infrastructure apply from 2 December 2027: AI there will have to show its working. European Commission, AI Act

What investors have paid for the category

Augury

$1B+

Machine health AI: a $180 million round led by Baker Hughes in 2021 made it worth over $1 billion, kept through a $75 million round in 2025. Augury, 2025

Seeq

$165M raised

Analytics on industrial time series: a $50 million Series D led by Sixth Street Growth in 2024. Seeq, 2024

Litmus and HighByte

$42.6M and $16.5M

The two leading industrial DataOps companies, on their own disclosed totals; Litmus has since raised again, led by Insight Partners, amount undisclosed. Litmus, 2022; HighByte, 2024

Cognite, before the sale

$1.6B

Valued at $1.6 billion when TCV invested $150 million in 2021, five years before Schneider's $3.1 billion. Cognite, 2021

Drones and robots

The civil drone market

$44B → $83B

Worth $44.4 billion in 2026 and forecast to reach $83 billion by 2035; services, inspection among them, are almost four fifths of it. Drone Industry Insights, 2026

Why drones come down

64% technical

Technical problems, not pilots, caused 64% of more than 150 civil drone incidents studied: the failures a log check is built to catch. RMIT, Aerospace 2016

Inspection from the air

$11.6B → $23B

Drone inspection and monitoring, forecast to double from 2022 to 2027. MarketsandMarkets

The people, in Europe

27.5% over 55

Of everyone working in EU water supply and waste, 27.5% are 55 or older, more than in any other sector we checked. Our arithmetic on Eurostat's counts for 2025. Eurostat, lfsa_egan2

Where Auge fits: below the platforms and the AI, above the data the plant already exports. The step every one of those budgets has to pay for first, done on the plant's own hardware, with the evidence a regulator can read.

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