Tokyo, Japan -- (SBWIRE) -- 04/01/2019 -- Artificial Intelligence and Machine Learning in Big Data and IoT Market accounted for USD +21 billion in 2019 and is projected to grow at a CAGR of +36% during the forecast period of 2019 to 2026.

"Artificial Intelligence and Machine Learning in Big Data and IoT Market 2019" report evaluates various AI technologies and their use relative to analytics solutions within the rapidly growing enterprise and industrial data arena. The report assesses emerging business models, leading companies, and solutions. The report also analyzes how different forms of AI may be best used for problem solving. The report also evaluates the market for AI in IoT networks and systems. The report provides forecasting for unit growth and revenue for both analytics and IoT from 2019- 2026.

Top key players:

Amazon, AOL, Apple, Augury Systems, Baidu, C-B4, Comfy, Facebook, FocusMotion, Glassbeam, Google, H2O.ai, IBM, Imagimob, Inbenta, Intel, Maana, Microsoft, mnubo, MoBagel.

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"Artificial Intelligence (AI) further strengthens Big Data Analytics and the IoT platform's ability to deliver value to each of these market segments. The use of AI in decision making in IoT and data analysis is important for efficient and effective decision-making, particularly real-time analysis involving streaming data areas and edge computing networks. Real-time data will be a core value proposition for all use cases, segments and solutions."

The Artificial Intelligence and Machine Learning in Big Data and IoT Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

Report Benefits:
- Global and regional AI forecasts from 2019 to 2026
- Identify AI market trends, challenges, and opportunities
- Identify leading AI hardware, software, and service providers
- Analysis of AI value chain, technology readiness, use cases, apps and services
- Know the full stack AI vendor landscape including AI core technology and supporting technology
- Understand the relationship between 5G, AI, Big Data, Edge Computing, IoT, Smart Machines, and Robotics

North America is known for the high adoption of artificial intelligence. Increasing demand for intelligent virtual assistants acts as a driving force for the growth of the artificial intelligence market in the region. The market in North America is also characterized by high infrastructure costs and strict policies and regulatory frameworks.

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Various market segments have been covered in this report. These include segments such as offering, technology, end-user industry, and geography. The report also provides a detailed overview of the market across 4 main regions-North America, Europe, APAC, and RoW.

Reasons to Buy the Report:

- This report includes statistics pertaining to the artificial intelligence market in terms of offering, technology, end-user industry, and geography, along with their respective market size.
- The report details the major drivers, restraints, opportunities, and challenges pertaining to the artificial intelligence market.
- The report includes illustrative segmentation, analysis, and forecast for the artificial intelligence market based on its segments and subsegments.

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