AI in IoT Market is expected to grow at a CAGR of 26.2% | Autoplant Systems India, Kairos, Softweb Solutions

A new research study from HTF MI with title Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 provides an in-depth assessment of the AI in IoT including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for AI in IoT market till 2025.

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Global AI in IoT Market Overview:
IoT is about connecting machines and making use of the data generated from those machines. Artificial Intelligence (AI) is about simulating intelligent behavior in machines of all kinds. Clearly an overlap. As IoT devices will generate vast amounts of data, then AI will be functionally necessary to deal with these huge volumes. Data is only useful if it creates an action. To make data actionable, it needs to be supplemented with context and creativity. Based on the component, the market has been segmented into platforms, software solutions, and services. Based on technology, the market has been classified into Ml and deep learning and natural language processing.
According to HTF MI, the Global AI in IoT market is expected to see growth rate of 26.2% and may see market size of USD16.5 Billion by 2024.

Market Drivers
• Effective Management of Data Generated From IoT Devices to Gain Valuable Insights
• Reduced Maintenance Cost and Downtime

Market Trend
• The Use of Automated Vacuum Cleaners
• Increased Self-driving vehicles

Restraints
• Lack of Skilled Workforce

Opportunities
• Real-Time Monitoring to Deliver an Exceptional Customer Experience

Challenges
• Data Security and Privacy Issues
• Maintenance and Update Issues

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The Study is segmented by following Verticals: Manufacturing, Energy and Utilities, Transportation and Mobility, Banking, Financial Services, and Insurance, Government and Defense, Retail, Healthcare and Life Sciences, Others

By Technology: Ml and Deep Learning, Natural Language Processing

Major companies covered in the report: IBM (United States), Microsoft (United States), Google (United States), PTC (United States), AWS, Inc. (United States), Oracle (United States), General Electric (United States), Salesforce (United States), SAP (Germany) and Hitachi (Japan) etc.

Additionally, following companies can also be profiled that are part of our coverage like Uptake (United States), SAS (United States), Autoplant Systems India Pvt. Ltd. (India), Kairos (United States), Softweb Solutions (United States), Arundo Analytics, Inc. (United States), C3 IoT (United States), Anagog (Israel) and Imagimob AB (Sweden).
Analyst at HTFMI see United States Players to retain maximum share of Global AI in IoT market by 2024. Considering Market by Vertical, the sub-segment i.e. Manufacturing will boost the AI in IoT market. Considering Market by Technology, the sub-segment i.e. Ml and Deep Learning will boost the AI in IoT market. Considering Market by Component, the sub-segment i.e. Platforms {Device Management, Application Management, Connectivity Management} will boost the AI in IoT market.

Geographically, this report is segmented into several key Regions such South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:

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Some of the key questions answered in this report:
- Detailed Overview of Global AI in IoT market helps deliver clients and businesses making strategies.
- Influential factors that are thriving demand and constraints in the market.
- What is the market concentration? Is it fragmented or highly concentrated?
- What trends, challenges and barriers will impact the development and sizing of AI in IoT market?
- SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
- What growth momentum or acceleration market carries during the forecast period?
- Which region is going to tap highest market share in future?
- What Application/end-user category or Product Type may see incremental growth prospects?
- What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil etc.?
- What focused approach and constraints are holding the market tight?
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Strategic Points Covered in Table of Content of Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)
Chapter 2: Exclusive Summary – the basic information of the Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market. (Introduction)
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 (Market Dynamics- Drivers, Trends, Opportunity, Restraints & Challenges)
Chapter 4: Presenting the Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Global AI in IoT Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source.

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