Artificial Intelligence in IoT Market Report
Leeds in West Yorkshire (United Kingdom)
Publish date: 25/09/2022 8:01 PM | Republish date: 20/02/2024 3:01 AM
Price: 2779.23 GBP
Description
Global Artificial Intelligence in IoT Market is forecasted to value over USD 17 billion by 2026 end and grow at a CAGR of over 24% during the forecast period 2019 to 2026.
Artificial Intelligence (AI) collects the complex and uncertain data of smart devices. The advancement of the Internet of Things has led us to everything being connected to the internet. Increase in smart devices application has led to frequent collection of big data. AI is effectively instrumental in gathering of big data. It provides the tools and structure to go further automation and real-time decision in cases related to IoT. The market is segmented into Natural Language Processing, MI and Deep Learning. Machine learning performs the task of automatic learning without ordering specific instructions. Machine learning has the ability to work as a strong analytical tool for huge data.
The growing demand of tracking of asset, performance management appliances by transportation and connected is boosting the growth of the market. The growing need for enhanced customer experience through real-time monitoring is fueling the growth of the market. The need to reduce downtime and maintenance cost has boosted the growth of the market. Growing global mobile network operators for increasing connectivity platforms is also driving the growth of the market. The growing interest of IT sectors is also projecting the growth of the market. The emergence of smart home devices like Alexa and Google home alongside growing artificial intelligence is also boosting the market.
However, expensive cost and lack of knowledge among consumers have hindered the growth of the market.
North America holds the majority of the market. North America currently holds vast technological advancements. It has prominent AI in the Internet of Things. Increasing investments in R&D departments is also boosting growth. Asia-Pacific region is expected to witness a high market growth rate during the forecast period because of the rise in the IT industry.
Some of the prominent players in the market include IBM, SAP, Hitachi, SAS and Imagimob.
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Global AI in IoT Market Segmentation:
By Component
Software Solutions
- Security
- Data Management
- Real-Time Streaming Analytics
- Network Bandwidth Management
- Edge Solution
- Remote Monitoring
- Services
- Professional Services
- Managed Services
- Platforms
- Device Management
- Application Management
- Connectivity Management
By Technology
Natural Language Processing
Ml and Deep Learning
By Vertical
Manufacturing
Transportation and Mobility
Healthcare and Life Sciences
Energy and Utilities
Government and Defense
Banking, Financial Services, and Insurance
Retail
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Rest of the World
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Competitive Landscape:
Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants
FutureWise Key Takeaways:
Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth
Objectives of the Study:
To provide with an exhaustive analysis on the global AI in IoT market by region, by component, by technology and, by vertical
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)North America, Europe, Asia Pacific, Latin America, and Rest of the World
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Table of Contents
1: Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2: Research Methodology
2.1 Research Data
3: Executive Summary
4: Premium Insights
4.1 Attractive Market Opportunities in the AI in IoT Market
4.2 Market Top 3 Verticals
4.3 Market by Region
4.4 Market in North America, By Component and Technology
5: Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.3 Use Cases
5.4 Regulatory Implications
6: AI in IoT Market, By Component
6.1 Introduction
6.2 Platforms
6.3 Software Solutions
6.4 Services
7: AI in IoT Market, By Technology
7.1 Introduction
7.2 Ml and Deep Learning
8: AI in IoT Market, By Vertical
8.1 Introduction
8.2 Manufacturing
8.3 Energy and Utilities
8.4 Transportation and Mobility
8.5 Banking, Financial Services, and Insurance
8.6 Government and Defense
8.7 Retail
8.8 Healthcare and Life Sciences
8.9 Others
9: AI in IoT Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
10: Competitive Landscape
10.1 Competitive Leadership Mapping
10.2 Strength of Product Portfolio
10.3 Business Strategy Excellence
11: Company Profiles
11.1 Introduction
11.2 IBM
11.3 Microsoft
11.4 Google
11.5 PTC
11.6 AWS
11.7 Oracle
11.8 GE
11.9 Salesforce
11.10 SAP
11.11 Hitachi
11.12 Uptake
11.13 SAS
11.14 Autoplant Systems India Pvt. Ltd.
11.15 Kairos
11.16 Softweb Solutions
11.17 Arundo
11.18 C3 IoT
11.19 Anagog
11.20 Thingstel
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