Press release
Artificial Intelligence In IoT Market Comprehensive Evaluation with CAGR value of 23.5%during 2021-2030 |Google, Microsoft, IBM, AWS, Oracle, SAP, Cisco, GE, Salesforce, Hitachi, Uptake
Artificial Intelligence In IoT Market To Reach A CAGR of 23.5%Artificial Intelligence in the IoT market is estimated to reach USD 15.7 billion by 2030 and is expected to reach a CAGR of 23.5% during the forecast period. However, the increasing costs, lack of ethics in the AI technology and absence of creativity in bots are the main concerns that could grow uncontrollably which leads to the well-known concept of AI singularity. Thus companies are opting for productive applications for education and healthcare with an aim to use the technology for constructive purposes.
Not only this but also the companies are establishing stable business streams in AI-based educational interfaced for developing skills as well as testing systems. AI has the capacity to drive personalization, efficiency as well as streamline admin tasks for allowing teachers the time and freedom for providing an understanding of complex learning concepts and adaptability in students.
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Major Companies: Google, Microsoft, IBM, AWS, Oracle, SAP, Cisco, GE, Salesforce, Hitachi, Uptake, SAS, Autoplant Systems Pvt Ltd., Kairos, Softweb Solutions
Artificial Intelligence in IoT Market Report Provides:
● A detailed summary of the global market for artificial intelligence in IoT.
● Qualitative as well as quantitative analysis of certain tools like opportunities, challenges and market drivers.
● Market trends assessment for the period of 2016-2028 with historical information of previous years with respective CAGRs.
● Market competition scrutiny tools like fractal map assessment, market share analysis and Porter’s Five Forces model.
● A normal summary of the industry structure.
● Focus on each level of market segmentation on the basis of product approvals, current, approvals, launch and anticipated market dynamics.
● The company profiles showcase key information about the leading players that are dominating the global artificial intelligence in IoT markets.
Market Dynamics Of Global Artificial Intelligence In IoT Market
The global artificial intelligence in the IoT market is expected to grow with a significant CAGR over the forecast period. The research methods used to forecast and estimate the global market include the analysis of perspectives and the exchange of data through secondary sources of major market players, such as investor conferences, annual reports, business websites, and associations. By calculating the total sales of leading industry manufacturers, the bottom-up procedure is often used to arrive at the overall size of the sector. Introduction, market share, product scope, market overview, market risk, key leading countries/region and main driving force are also given in the market study.
Market Segmentation
The global artificial intelligence in the IoT market is segmented into component, technology, vertical and region. On the basis of component, the market is segmented into device management, application management and connectivity management. On the basis of services, the market is divided into professional services and managed services. Based on the technology, the market is categorized into natural language processing, MI and deep learning. On the other hand, based on the vertical the market is segmented into manufacturing, retail, energy and utilities, healthcare and life sciences, banking, financial services and insurance, government and defence, transportation and mobility.
Regional Analysis Of Global Artificial Intelligence in IoT Market
The report gives a thorough overview of the industry including qualitative and quantitative data. It also offers an overview and forecast of the artificial intelligence in the IoT market with the help of various segments. It gives the market size and forecast estimates year with respect to five major regions such as North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. Europe is expected to witness lucrative growth in the global artificial intelligence in the IoT market due to the growing investment in AI as well as IoT across the region.
Competitive Analysis Of Global Artificial Intelligence in IoT Market
The global artificial intelligence in IoT market competitive landscape section offers all the information by the competitors. Certain details like company financials, company overview, potential market, revenue generated, company strengths and weaknesses, investment in research and development, production sites and facilities, product launch, application dominance, product width and breadth, clinical trials and experiments are summarized in this market report.
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Artificial Intelligence in IoT Market Segmentation:
By Components:
• Platforms
• Application Management
• Connectivity Management
• Device Management
• Software Solutions
• Data Management
• Network Bandwidth Management
• Real-Time Streaming Analytics
• Remote Monitoring
• Other
o Security
o Edge Solution
• Services
• Professional Services
• Managed Services
By Technologies:
• ML and Deep Learning
• Natural Language Processing (NLP)
By Industry Verticals:
• Manufacturing
• Energy and Utilities
• Transportation and Mobility
• BFSI
• Government and Defense
• Retail
• Healthcare and Life Sciences
• Telecom
• Others
o Agriculture
o Education
o Telecom
o Tourism
o Hospitality
By Region:
North America Artificial Intelligence in IoT Market
• North America, by Country
o The U.S.
o Canada
o Mexico
• North America, by Components
• North America, by Technologies
• North America, by Industry Verticals
Europe Artificial Intelligence in IoT Market
• Europe, by Country
o Germany
o Russia
o The U.K.
o France
o Italy
o Spain
o The Rest of Europe
• Europe, by Components
• Europe, by Technologies
• Europe, by Industry Verticals
Asia-Pacific Artificial Intelligence in IoT Market
• Asia-Pacific, by Country
o China
o India
o Japan
o South Korea
o Australia
o The Rest of Asia-Pacific
• Asia-Pacific, byComponents
• Asia-Pacific, by Technologies
• Asia-Pacific, by Industry Verticals
Middle East and Africa Artificial Intelligence in IoT Market
• Middle East and Africa, by Country
o The UAE
o Saudi Arabia
o Qatar
o South Africa
o The Rest of Middle East
• Middle East and Africa, by Components
• Middle East and Africa, by Technologies
• Middle East and Africa, by Industry Verticals
South America Artificial Intelligence in IoT Market
• South America, by Country
o Brazil
o Argentina
o The Rest of South America
• South America, by Components
• South America, by Technologies
• South America, by Industry Verticals
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Pune, Maharashtra 411028
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