Press release
AI in IoT Market to See Competition Rise | IBM, Microsoft, Google
AI in IoT
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According to HTF Market Intelligence, the Global AI in IoT market to witness a CAGR of 6.2% during forecast period of 2023-2028. The market is segmented by Global AI in IoT Market Breakdown by Application (Manufacturing, Energy and Utilities, Transportation and Mobility, BFSI) by Type (Platform, Software Solutions, Services) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The AI in IoT market size is estimated to increase by USD 69.4 Billion at a CAGR of 6.2% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 73 Billion.
Definition:
The AI in IoT (Internet of Things) market refers to the integration of artificial intelligence (AI) technology with IoT devices and systems, enabling them to perform intelligent and autonomous functions. AI in IoT involves the use of machine learning algorithms, deep learning, and other advanced analytics tools to extract meaningful insights from the vast amounts of data generated by connected devices in real-time. This technology allows for predictive maintenance, improved decision-making, and the optimization of IoT systems, making them more efficient and effective. The AI in IoT market is rapidly growing, with the increasing adoption of IoT devices across various industries, such as healthcare, manufacturing, transportation, and agriculture.
Market Trends:
The Use of Automated Vacuum Cleaners
Market Drivers:
Effective Management of Data Generated From IoT Devices to Gain Valuable Insights
Market Opportunities:
Real-Time Monitoring to Deliver an Exceptional Customer Experience
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of AI in IoT Market: Platform, Software Solutions, Services
Key Applications/end-users of AI in IoT Market: Manufacturing, Energy and Utilities, Transportation and Mobility, BFSI
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With this report you will learn:
• Who the leading players are in AI in IoT Market?
• What you should look for in a AI in IoT
• What trends are driving the Market
• About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 AI in IoT vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this 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), Hitachi (Japan).
Who should get most benefit of this report?
• Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for AI in IoT
• Marketers and agencies doing their due diligence in selecting a AI in IoT for large and enterprise level organizations
• Analysts and vendors looking for current intelligence about this dynamic marketplace.
• Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of AI in IoT Market
AI in IoT Size (Sales Volume) Comparison by Type (Platform, Software Solutions, Services)
AI in IoT Size (Consumption) and Market Share Comparison by Application (Manufacturing, Energy and Utilities, Transportation and Mobility, BFSI) (2022-2028)
AI in IoT Size (Value) Comparison by Region (2023-2028)
AI in IoT Sales, Revenue and Growth Rate (2023-2028)
AI in IoT Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type (Platform, Software Solutions, Services)
Analyse competitors, including all important parameters of AI in IoT
AI in IoT Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
For Early Buyers | Get Discount on Various License type of this Premium Version of the Report
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Actual Numbers & In-Depth Analysis of Global AI in IoT Market Size Estimation and Trends Available in Full Version of the Report.
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Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.
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