Artificial Intelligence of Things (AIoT) Market Revolutionizing Global Industry while Growing at a Rate of 31.2%, Empowering Smarter Decision-Making

Fostering distributed systems with on-device data processing has revolutionized AIoT. AIoT applications at the network edge ensure swift processing, low latency, and efficient decision-making.

According to the latest report from SNS Insider, the Artificial Intelligence of Things (AIoT) Market surged from a valuation of USD 29.3 billion in 2022 to an anticipated USD 257.23 billion by 2030. The forecast predicts a staggering Compound Annual Growth Rate (CAGR) of 31.2% between 2023 and 2030.

Get a Sample of Artificial Intelligence of Things (AIoT) Market Report @ https://www.snsinsider.com/sample-request/3793

Key Players:

The key market players are Intel, AWS, NXP, Google, Cisco, IBM, Tencent Cloud, Sharp Global, Oracle, Microsoft, HPE, SAS, Uptake, Williot, SAP, AxiomTek, Cognosos, Terminus Group, Falkonry, Hitachi, Sightmachine, Autoplant Systems India Pvt. Ltd., Semifive, and Other Players

Market Report Scope:

AIoT, a fusion of AI and IoT, merges internet-connected devices with learning capabilities. This fusion permeates various sectors, from transportation and healthcare to smart homes and manufacturing. AIoT's prowess lies in enhancing personalization, automating processes, and revolutionizing industries by equipping machines with learning, thinking, and planning abilities. Its far-reaching impact extends to improving individual lives while optimizing operational efficiency across diverse domains. This technology heralds a new era of connectivity, where intelligent decision-making based on data is the cornerstone for transformative advancements in today's interconnected world.

Market Analysis:

The convergence of AI and IoT has revolutionized an unprecedented era of AIoT, reshaping industries worldwide. Edge computing's advent has revolutionized this landscape, empowering localized, rapid data processing. This paradigm shift enables resource-intensive AI applications to thrive at the network's edge, ensuring swift processing speed and low latency for intelligent IoT operations. The burgeoning demand for IoT coupled with AI technologies fortifies decision-making processes, emphasizing the adoption of edge analytics solutions. This pivotal synergy facilitates devices within IoT networks to make real-time, localized decisions, amplifying efficiency and responsiveness across sectors like never before.

Segment Analysis:

Cloud-based deployment dominates the market, offering cost-effectiveness and real-time analytics. Edge-based AIoT, expected to grow with a high CAGR, excels in providing immediate responses, ideal for real-time applications like self-driving cars.

In applications, video surveillance takes the lead by bolstering security measures and aiding businesses in customer behavior analysis.

Market Segmentation and Sub-Segmentation Included Are:

By Deployment

Edge IoT
Cloud-Based
By Application

Real-Time Machinery Condition Monitoring
Supply Chain Management
Predictive Maintenance
Inventory Management
Energy Consumption Management
Robust Asset Management
Video Surveillance
By Industry

Retail
Agriculture
Logistics
BFSI
Automotive & Transport
Healthcare
Oil & Gas
Key Regional Developments:

North America leads due to IoT adoption and advanced AIoT platforms facilitating data analysis and predictive analytics. Asia Pacific follows suit, driven by internet and mobile technology adoption, particularly in China, India, and Japan.

Enquire about the report @ https://www.snsinsider.com/enquiry/3793

Key Takeaways:

AIoT's fusion drives seamless decision-making across industries.
Edge computing is a pivotal force in enabling swift, local data processing.
Video surveillance emerges as a key application, fortifying security and business insights.
Recent Developments:

Amazon Cloud Watch Synthetics now supports customized canary groups.
DISH launched a 5G network in over 120 US cities using IBM's expertise.
NVIDIA and Oracle Cloud collaborated for versatile AI PC functions.
Dahua Technology convened the Smart Building Global Summit to discuss AIoT trends and practices.
Get complete report details @ https://www.snsinsider.com/reports/Artificial-Intelligence-of-Things-Market-3793

Table of Contents:

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1. COVID-19 Impact Analysis
4.2. Impact of Ukraine- Russia war
4.3. Impact of Ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Artificial Intelligence of Things (AIoT) Market Segmentation, By Deployment
9. Artificial Intelligence of Things (AIoT) Market Segmentation By Application
10. Artificial Intelligence of Things (AIoT) Market Segmentation By Industry
11. Regional Analysis
12. Company Profile
13. Competitive Landscape
14. USE Cases and Best Practices
15. Conclusion

Buy Complete PDF of Artificial Intelligence of Things (AIoT) Market Report @ https://www.snsinsider.com/checkout/3793

Contact Us:
Akash Anand - Head of Business Development & Strategy
info@snsinsider.com
Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)
Website: https://www.snsinsider.com
Office No. 305-B, Arissa Avenue, Fountain Road, Kharadi, Pune, Maharashtra 411014

About Us:
SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

Our staff is dedicated to giving our clients reliable information, and with expertise working in the majority of industrial sectors, we're proud to be recognized as one of the world's top market research firms. We can quickly design and implement pertinent research programs, including surveys and focus groups, and we have the resources and competence to deal with clients in practically any company sector.

This release was published on openPR.