Press release
Artificial Intelligence Of Things (AIoT) Market Outlook 2024 - Estimated Market Size And Growth Rate, Industry Forecast To 2033
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033The Business Research Company's Artificial Intelligence Of Things (AIoT) Global Market Report 2024 identifies increase in cloud adoption as the major driver for the Artificial Intelligence Of Things (AIoT) market's growth in the forecast period. Cloud-based AIoT uses cloud computing platforms to manage and process data from IoT devices. It signifies that cloud is used to store and process IoT device data, while AI is utilized to analyze and make decisions based on that data.
The artificial intelligence of things (aiot) market size has grown exponentially in recent years. It will grow from $7.52 billion in 2024 to $9.98 billion in 2024 at a compound annual growth rate (CAGR) of 32.7%. The growth in the historic period can be attributed to iot proliferation, ai advancements, data growth, aiot security concerns.
The artificial intelligence of things (aiot) market size is expected to see exponential growth in the next few years. It will grow to $31.05 billion in 2028 at a compound annual growth rate (CAGR) of 32.8%.
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Major competitors in the Artificial Intelligence Of Things (AIoT) market are Google LLC, Microsoft Corporation, Robert Bosch GmbH, Hitachi Ltd., Amazon Web Services Inc., General Electric Co.
A key trend in the Artificial Intelligence Of Things (AIoT) market includes major companies operating in the AIoT sector. These developments seek to capitalize on the power of AI and IoT to create more efficient and intelligent systems. For instance, in January 2022, Origin Wireless Inc., a South Africa-based technology company and nami.AI, a Singapore-based AIoT company, collaboratively launched a new AIoT platform that employs Wi-Fi access points to bring sensing capabilities to the smallest of smart devices, allowing them to distinguish between humans, pets, robot vacuums, pets and appliances.
Read More On The Global Artificial Intelligence Of Things (AIoT) Market Report Here:
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-of-things-aiot-global-market-report
The Artificial Intelligence Of Things (AIoT) market is segmented -
• By Offering: Solutions, Services
• By Deployment: On-Premises, Cloud
• By Vertical: Banking, Financial Services and Insurance (BFSI), Manufacturing, Healthcare, Energy And Utilities, Retail, Transportation And Logistics, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Artificial Intelligence Of Things (AIoT) market.
The Business Research Company's "Global Artificial Intelligence Of Things (AIoT) Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Artificial Intelligence Of Things (AIoT) Market Include:
1. Executive Summary
2. Artificial Intelligence Of Things (AIoT) Market Characteristics
3. Artificial Intelligence Of Things (AIoT) Market Trends And Strategies
4. Artificial Intelligence Of Things (AIoT) Market - Macro Economic Scenario
5. Global Artificial Intelligence Of Things (AIoT) Market Size and Growth
…………………………………………………………….
32. Global Artificial Intelligence Of Things (AIoT) Market Competitive Benchmarking
33. Global Artificial Intelligence Of Things (AIoT) Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence Of Things (AIoT) Market
35. Artificial Intelligence Of Things (AIoT) Market Future Outlook and Potential Analysis
36. Appendix
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