PUBLISHER: KBV Research | PRODUCT CODE: 1804055
PUBLISHER: KBV Research | PRODUCT CODE: 1804055
LAMEA AI In Mining Market Size, Share & Industry Analysis Report By Type, By Deployment, By Technology, By Country and Growth Forecast, 2025 - 2032
The Latin America, Middle East and Africa AI In Mining Market would witness market growth of 42.0% CAGR during the forecast period (2025-2032).
The Brazil market dominated the LAMEA AI In Mining Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $10,363.4 Million by 2032. The Argentina market is showcasing a CAGR of 43.6% during (2025 - 2032). Additionally, The UAE market would register a CAGR of 39.3% during (2025 - 2032). The Brazil and South Africa led the LAMEA AI In Mining Market by Country with a market share of 27.8% and 21.5% in 2024.The Saudi Arabia market is expected to witness a CAGR of 42.6% during throughout the forecast period.
The LAMEA region, which includes Latin America, the Middle East, and Africa, is slowly using AI in mining to make it safer, more productive, and less expensive. Brazil, Chile, Peru, South Africa, and Saudi Arabia are some of the countries that are leading the way in using AI for predictive maintenance, remote asset monitoring, real-time analytics, and hazard detection. Chile is improving the way it gets copper, Brazil is automating the way it moves iron ore, and African countries are using AI to find earthquakes and keep workers safe. Saudi Arabia is using AI to improve geological surveys as part of its Vision 2030 strategy. This is in line with the region's larger goals of diversifying its economy.
Vale, CODELCO, and AngloGold Ashanti, three of the biggest mining companies in the world, are working together with tech companies to create AI-powered platforms. At the same time, governments are creating innovation hubs to improve the skills of people in their regions. Recent projects focus on using AI to improve water use, make tracking ore more open, and connect with mobile technologies so that people in remote areas can make decisions. Even though there are problems like a weak digital infrastructure and changing prices for goods, growth is being driven by more mobile connectivity, satellite communication, and global partnerships. Overall, the use of AI in LAMEA is likely to grow as the region meets international standards for efficiency and sustainability.
Technology Outlook
Based on Technology, the market is segmented into Machine Learning & Deep Learning, Robotics & Automation, Computer Vision, NLP, and Other Technology. Among various Brazil AI In Mining Market by Technology; The Machine Learning & Deep Learning market achieved a market size of USD $3594.6 Million in 2024 and is expected to grow at a CAGR of 39.4 % during the forecast period. The NLP market is predicted to experience a CAGR of 41.9% throughout the forecast period from (2025 - 2032).
Type Outlook
Based on Type, the market is segmented into Surface Mining, Underground Mining, and Other Type. The Surface Mining market segment dominated the South Africa AI In Mining Market by Type is expected to grow at a CAGR of 42.1 % during the forecast period thereby continuing its dominance until 2032. Also, The Underground Mining market is anticipated to grow at a CAGR of 43.2 % during the forecast period during (2025 - 2032).
Country Outlook
Brazil is a world leader in mineral production and is quickly adopting AI in mining. The Brazilian Artificial Intelligence Plan 2024-2028 supports this by focusing on high-performance computing, research funding, and teaching people how to use AI. The sector is using AI for ore-body modeling, predictive maintenance, energy optimization, logistics, and safety monitoring. Major universities like USP, UNICAMP, and UFSC are making big contributions. Vale, the country's largest mining company, is in charge of putting the plan into action through an AI hub in Espirito Santo. They are using self-driving trucks, drones, and real-time monitoring to make things safer and more efficient. Brazil is the leader in AI-driven mining in the LAMEA region, despite problems like gaps in infrastructure, the need to train workers, and unclear regulations. This is because Brazil has strong policy support, a culture of innovation, and a strategic mineral base.
List of Key Companies Profiled
- IBM Corporation
- Komatsu Ltd.
- Caterpillar, Inc.
- Sandvik AB
- SAP SE
- Microsoft Corporation
- Datarock Pty Ltd
- Earth AI Inc.
- BHP Group Limited
- Rio Tinto PLC (Rio Tinto International Holdings Limited)
LAMEA AI In Mining Market Report Segmentation
By Type
- Surface Mining
- Underground Mining
- Other Type
By Deployment
- Cloud
- Hybrid
- On-premises
By Technology
- Machine Learning & Deep Learning
- Robotics & Automation
- Computer Vision
- NLP
- Other Technology
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA AI In Mining Market, by Type
- 1.4.2 LAMEA AI In Mining Market, by Deployment
- 1.4.3 LAMEA AI In Mining Market, by Technology
- 1.4.4 LAMEA AI In Mining Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Market Trends - AI In Mining Market
Chapter 5. State of Competition - AI In Mining Market
Chapter 6. Product Life Cycle - AI In Mining Market
Chapter 7. Market Consolidation - AI In Mining Market
Chapter 8. Competition Analysis - Global
- 8.1 Market Share Analysis, 2024
- 8.2 Recent Strategies Deployed in AI In Mining Market
- 8.3 Porter Five Forces Analysis
Chapter 9. Value Chain Analysis - AI In Mining Market
- 9.1 Technology Development
- 9.2 Data Acquisition and Integration
- 9.3 Infrastructure and Deployment
- 9.4 AI Application Areas
- 9.5 Integration and Services
- 9.6 Output Optimization and Decision-Making
- 9.7 Feedback and Continuous Learning
Chapter 10. Key Customer Criteria - AI In Mining Market
Chapter 11. LAMEA AI In Mining Market by Type
- 11.1 LAMEA Surface Mining Market by Country
- 11.2 LAMEA Underground Mining Market by Country
- 11.3 LAMEA Other Type Market by Country
Chapter 12. LAMEA AI In Mining Market by Deployment
- 12.1 LAMEA Cloud Market by Country
- 12.2 LAMEA Hybrid Market by Country
- 12.3 LAMEA On-premises Market by Country
Chapter 13. LAMEA AI In Mining Market by Technology
- 13.1 LAMEA Machine Learning & Deep Learning Market by Country
- 13.2 LAMEA Robotics & Automation Market by Country
- 13.3 LAMEA Computer Vision Market by Country
- 13.4 LAMEA NLP Market by Country
- 13.5 LAMEA Other Technology Market by Country
Chapter 14. LAMEA AI In Mining Market by Country
- 14.1 Brazil AI In Mining Market
- 14.1.1 Brazil AI In Mining Market by Type
- 14.1.2 Brazil AI In Mining Market by Deployment
- 14.1.3 Brazil AI In Mining Market by Technology
- 14.2 Argentina AI In Mining Market
- 14.2.1 Argentina AI In Mining Market by Type
- 14.2.2 Argentina AI In Mining Market by Deployment
- 14.2.3 Argentina AI In Mining Market by Technology
- 14.3 UAE AI In Mining Market
- 14.3.1 UAE AI In Mining Market by Type
- 14.3.2 UAE AI In Mining Market by Deployment
- 14.3.3 UAE AI In Mining Market by Technology
- 14.4 Saudi Arabia AI In Mining Market
- 14.4.1 Saudi Arabia AI In Mining Market by Type
- 14.4.2 Saudi Arabia AI In Mining Market by Deployment
- 14.4.3 Saudi Arabia AI In Mining Market by Technology
- 14.5 South Africa AI In Mining Market
- 14.5.1 South Africa AI In Mining Market by Type
- 14.5.2 South Africa AI In Mining Market by Deployment
- 14.5.3 South Africa AI In Mining Market by Technology
- 14.6 Nigeria AI In Mining Market
- 14.6.1 Nigeria AI In Mining Market by Type
- 14.6.2 Nigeria AI In Mining Market by Deployment
- 14.6.3 Nigeria AI In Mining Market by Technology
- 14.7 Rest of LAMEA AI In Mining Market
- 14.7.1 Rest of LAMEA AI In Mining Market by Type
- 14.7.2 Rest of LAMEA AI In Mining Market by Deployment
- 14.7.3 Rest of LAMEA AI In Mining Market by Technology
Chapter 15. Company Profiles
- 15.1 IBM Corporation
- 15.1.1 Company Overview
- 15.1.2 Financial Analysis
- 15.1.3 Regional & Segmental Analysis
- 15.1.4 Research & Development Expenses
- 15.1.5 Recent strategies and developments:
- 15.1.5.1 Acquisition and Mergers:
- 15.1.6 SWOT Analysis
- 15.2 Komatsu Ltd.
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental and Regional Analysis
- 15.2.4 Research & Development Expenses
- 15.2.5 Recent strategies and developments:
- 15.2.5.1 Acquisition and Mergers:
- 15.2.6 SWOT Analysis
- 15.3 Caterpillar, Inc.
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Segmental and Regional Analysis
- 15.3.4 Research & Development Expense
- 15.3.5 SWOT Analysis
- 15.4 Sandvik AB
- 15.4.1 Company Overview
- 15.4.2 Financial Analysis
- 15.4.3 Segmental and Regional Analysis
- 15.4.4 Research & Development Expenses
- 15.4.5 Recent strategies and developments:
- 15.4.5.1 Acquisition and Mergers:
- 15.4.6 SWOT Analysis
- 15.5 SAP SE
- 15.5.1 Company Overview
- 15.5.2 Financial Analysis
- 15.5.3 Regional Analysis
- 15.5.4 Research & Development Expense
- 15.5.5 SWOT Analysis
- 15.6 Microsoft Corporation
- 15.6.1 Company Overview
- 15.6.2 Financial Analysis
- 15.6.3 Segmental and Regional Analysis
- 15.6.4 Research & Development Expenses
- 15.6.5 SWOT Analysis
- 15.7 Datarock Pty Ltd
- 15.7.1 Company Overview
- 15.7.2 Recent strategies and developments:
- 15.7.2.1 Partnerships, Collaborations, and Agreements:
- 15.8 Earth AI Inc.
- 15.8.1 Company Overview
- 15.9 BHP Group Limited
- 15.9.1 Company Overview
- 15.9.2 Financial Analysis
- 15.9.3 Segmental and Regional Analysis
- 15.9.4 Recent strategies and developments:
- 15.9.4.1 Partnerships, Collaborations, and Agreements:
- 15.9.5 SWOT Analysis
- 15.10. Rio Tinto PLC (Rio Tinto International Holdings Limited)
- 15.10.1 Company Overview
- 15.10.2 Financial Analysis
- 15.10.3 Segmental and Regional Analysis
- 15.10.4 Research & Development Expenses
- 15.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA AI In Mining Market, 2021 - 2024, USD Million
- TABLE 2 LAMEA AI In Mining Market, 2025 - 2032, USD Million
- TABLE 3 Key Customer Criteria - AI In Mining Market
- TABLE 4 LAMEA AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 5 LAMEA AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 6 LAMEA Surface Mining Market by Country, 2021 - 2024, USD Million
- TABLE 7 LAMEA Surface Mining Market by Country, 2025 - 2032, USD Million
- TABLE 8 LAMEA Underground Mining Market by Country, 2021 - 2024, USD Million
- TABLE 9 LAMEA Underground Mining Market by Country, 2025 - 2032, USD Million
- TABLE 10 LAMEA Other Type Market by Country, 2021 - 2024, USD Million
- TABLE 11 LAMEA Other Type Market by Country, 2025 - 2032, USD Million
- TABLE 12 LAMEA AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 13 LAMEA AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 14 LAMEA Cloud Market by Country, 2021 - 2024, USD Million
- TABLE 15 LAMEA Cloud Market by Country, 2025 - 2032, USD Million
- TABLE 16 LAMEA Hybrid Market by Country, 2021 - 2024, USD Million
- TABLE 17 LAMEA Hybrid Market by Country, 2025 - 2032, USD Million
- TABLE 18 LAMEA On-premises Market by Country, 2021 - 2024, USD Million
- TABLE 19 LAMEA On-premises Market by Country, 2025 - 2032, USD Million
- TABLE 20 LAMEA AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 21 LAMEA AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 22 LAMEA Machine Learning & Deep Learning Market by Country, 2021 - 2024, USD Million
- TABLE 23 LAMEA Machine Learning & Deep Learning Market by Country, 2025 - 2032, USD Million
- TABLE 24 LAMEA Robotics & Automation Market by Country, 2021 - 2024, USD Million
- TABLE 25 LAMEA Robotics & Automation Market by Country, 2025 - 2032, USD Million
- TABLE 26 LAMEA Computer Vision Market by Country, 2021 - 2024, USD Million
- TABLE 27 LAMEA Computer Vision Market by Country, 2025 - 2032, USD Million
- TABLE 28 LAMEA NLP Market by Country, 2021 - 2024, USD Million
- TABLE 29 LAMEA NLP Market by Country, 2025 - 2032, USD Million
- TABLE 30 LAMEA Other Technology Market by Country, 2021 - 2024, USD Million
- TABLE 31 LAMEA Other Technology Market by Country, 2025 - 2032, USD Million
- TABLE 32 LAMEA AI In Mining Market by Country, 2021 - 2024, USD Million
- TABLE 33 LAMEA AI In Mining Market by Country, 2025 - 2032, USD Million
- TABLE 34 Brazil AI In Mining Market, 2021 - 2024, USD Million
- TABLE 35 Brazil AI In Mining Market, 2025 - 2032, USD Million
- TABLE 36 Brazil AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 37 Brazil AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 38 Brazil AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 39 Brazil AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 40 Brazil AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 41 Brazil AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 42 Argentina AI In Mining Market, 2021 - 2024, USD Million
- TABLE 43 Argentina AI In Mining Market, 2025 - 2032, USD Million
- TABLE 44 Argentina AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 45 Argentina AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 46 Argentina AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 47 Argentina AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 48 Argentina AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 49 Argentina AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 50 UAE AI In Mining Market, 2021 - 2024, USD Million
- TABLE 51 UAE AI In Mining Market, 2025 - 2032, USD Million
- TABLE 52 UAE AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 53 UAE AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 54 UAE AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 55 UAE AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 56 UAE AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 57 UAE AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 58 Saudi Arabia AI In Mining Market, 2021 - 2024, USD Million
- TABLE 59 Saudi Arabia AI In Mining Market, 2025 - 2032, USD Million
- TABLE 60 Saudi Arabia AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 61 Saudi Arabia AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 62 Saudi Arabia AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 63 Saudi Arabia AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 64 Saudi Arabia AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 65 Saudi Arabia AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 66 South Africa AI In Mining Market, 2021 - 2024, USD Million
- TABLE 67 South Africa AI In Mining Market, 2025 - 2032, USD Million
- TABLE 68 South Africa AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 69 South Africa AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 70 South Africa AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 71 South Africa AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 72 South Africa AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 73 South Africa AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 74 Nigeria AI In Mining Market, 2021 - 2024, USD Million
- TABLE 75 Nigeria AI In Mining Market, 2025 - 2032, USD Million
- TABLE 76 Nigeria AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 77 Nigeria AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 78 Nigeria AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 79 Nigeria AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 80 Nigeria AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 81 Nigeria AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 82 Rest of LAMEA AI In Mining Market, 2021 - 2024, USD Million
- TABLE 83 Rest of LAMEA AI In Mining Market, 2025 - 2032, USD Million
- TABLE 84 Rest of LAMEA AI In Mining Market by Type, 2021 - 2024, USD Million
- TABLE 85 Rest of LAMEA AI In Mining Market by Type, 2025 - 2032, USD Million
- TABLE 86 Rest of LAMEA AI In Mining Market by Deployment, 2021 - 2024, USD Million
- TABLE 87 Rest of LAMEA AI In Mining Market by Deployment, 2025 - 2032, USD Million
- TABLE 88 Rest of LAMEA AI In Mining Market by Technology, 2021 - 2024, USD Million
- TABLE 89 Rest of LAMEA AI In Mining Market by Technology, 2025 - 2032, USD Million
- TABLE 90 Key Information - IBM Corporation
- TABLE 91 Key Information - Komatsu Ltd.
- TABLE 92 key information - Caterpillar, Inc.
- TABLE 93 Key Information - Sandvik AB
- TABLE 94 Key Information - SAP SE
- TABLE 95 Key Information - Microsoft Corporation
- TABLE 96 Key Information - Datarock Pty Ltd
- TABLE 97 Key Information - Earth AI Inc.
- TABLE 98 Key Information - BHP Group Limited
- TABLE 99 key Information - Rio Tinto PLC
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 LAMEA AI In Mining Market, 2021 - 2032, USD Million
- FIG 3 Key Factors Impacting AI In Mining Market
- FIG 4 Market Share Analysis, 2024
- FIG 5 Porter's Five Forces Analysis - AI In Mining Market
- FIG 6 Value Chain Analysis - AI In Mining Market
- FIG 7 Key Customer Criteria - AI In Mining Market
- FIG 8 LAMEA AI In Mining Market Share by Type, 2024
- FIG 9 LAMEA AI In Mining Market Share by Type, 2032
- FIG 10 LAMEA AI In Mining Market by Type, 2021 - 2032, USD Million
- FIG 11 LAMEA AI In Mining Market Share by Deployment, 2024
- FIG 12 LAMEA AI In Mining Market Share by Deployment, 2032
- FIG 13 LAMEA AI In Mining Market by Deployment, 2021 - 2032, USD Million
- FIG 14 LAMEA AI In Mining Market Share by Technology, 2024
- FIG 15 LAMEA AI In Mining Market Share by Technology, 2032
- FIG 16 LAMEA AI In Mining Market by Technology, 2021 - 2032, USD Million
- FIG 17 LAMEA AI In Mining Market Share by Country, 2024
- FIG 18 LAMEA AI In Mining Market Share by Country, 2032
- FIG 19 LAMEA AI In Mining Market by Country, 2021 - 2032, USD Million
- FIG 20 SWOT Analysis: IBM Corporation
- FIG 21 SWOT Analysis: Komatsu Ltd.
- FIG 22 SWOT Analysis: Caterpillar, Inc.
- FIG 23 SWOT Analysis: Sandvik AB
- FIG 24 SWOT Analysis: SAP SE
- FIG 25 SWOT Analysis: Microsoft Corporation
- FIG 26 Swot Analysis: BHP Group Limited
- FIG 27 Swot Analysis: Rio Tinto PLC
