Global AI in IoT market is estimated at $ 4340 million in 2021, and projected to grow at a CAGR of 16.5% to $ 12600 million by 2028.
Londan, United kingdom -- (SBWIRE) -- 07/23/2022 -- The combination of connecting devices to the internet and other devices, analyzing the data and providing necessary information to devices is called AI in IoT. Artificial Intelligence in IoT solves data analyzing and analytics problems better as it is done by AI. The need to process vast volumes of real-time data generated by IoT appliances will create opportunities for artificial intelligence in IoT.
The findings covered in the report are backed up by primary research with industry professionals and opinion leaders from throughout the world. To compile and validate the data, various market estimation and data validation methodologies are employed. We also have a data forecasting process in-house that we employ to estimate AI in IoT market growth. Important players, crucial collaborations, mergers and acquisitions, as well as contemporary innovation and corporate policy are all examined in the study. The study report includes strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market situations in the near future. It examines basic and secondary drivers, market share, prominent segments, and geographical analyses in great detail.
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The AI in IoT market research report provides in-depth analysis of emerging trends, market drivers, development opportunities, and market restraints that could affect the industry's market dynamics. It contains studies of products, applications, and competitors, as well as a comprehensive examination of market segments. This market study highlights new product releases, untapped geographies, recent advancements, and investments. This study includes both extensive information on profitable developing markets and a market penetration analysis of mature categories.
The Major Key Company Profiles included in AI in IoT market study are:
-IBM
-Uptake
-Thingstel
-Softweb Solutions
-SAS
-SAP
-Salesforce
-PTC
-Oracle
-Microsoft
-Kairos
-Imagimob
-Hitachi
-Google
-GE
-C3 IoT
-AWS
-Autoplant Systems India Pvt. Ltd.
-Arundo
-Anagog
Market Segmentation
The AI in IoT market research is intended to provide both qualitative and quantitative industry information in each of the study's sectors and nations. The study also includes a thorough examination of the competitive landscape and important enterprises' product offerings, as well as micro market investment opportunities for stakeholders. The study's purpose is to forecast market sizes for certain categories and geographies in the following years based on past estimates.
The AI in IoT Market Segments and Sub-Segments are Listed Below:
Segmented by Type
-Platforms
-Software Solutions
-Services
Segmented by Application
-Manufacturing
-Energy and Utilities
-Transportation and Mobility
-Banking, Financial Services, and Insurance
-Government and Defense
-Retail
-Others
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Competitive Scenario
The top competitors in the global AI in IoT market are studied for their competitive landscape, capacity, and recent activities such as mergers, acquisitions, and investments. The research also includes several crucial recommendations that can assist market participants in outperforming their competitors. A SWOT analysis and a thorough industry analysis based on Porter's five forces model are included in the study. It compares the revenue generation and client base of various providers.
Key Objectives of Market Research Report
-An extensive research of leading market players covering their market share, new technologies, and competitive tactics.
-The report is jam-packed with data, including market dynamics and possibilities for the coming years.
-At the regional, sub-regional, and country levels, data on demand and supply factors, as well as their impact on the market, can be obtained.
-Quantitative, qualitative, value, and volume statistics on important AI in IoT market segments and sub-segments.
-The report features separate section covering impact analysis of Russia-Ukraine conflict on the global market with in detail view of different regional markets.
Table of Contents – Major Key Points
1 Product Introduction and Overview
2 Global AI in IoT Supply by Company
3 Global and Regional Market Status by Type
4 Global and Regional Market Status by Application
5 Global Market Status by Region
6 Major Downstream Customers Analysis
7 Global Market Forecast by Type and by Application
8 Global Market Forecast by Region/Country
9 Key Participants Company Information
10 Conclusion
11 Methodology
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