The Artificial Intelligence of Things (AIoT) Market is anticipated to develop at a CAGR of 31.2% from 2023 to 2030, from a value of USD 29.3 billion in 2022 to USD 257.23 billion in 2030.
The convergence of Artificial Intelligence (AI) and the Internet of Things (IoT) has given rise to the Artificial Intelligence of Things (AIoT) market, where intelligent systems seamlessly interact with connected devices to generate valuable insights and drive innovation across industries. This burgeoning market represents the fusion of advanced AI algorithms with the vast network of IoT devices, enabling enhanced automation, predictive analytics, and real-time decision-making capabilities..
Furthermore, the AIoT market is witnessing significant innovation and investment in edge computing technologies, which enable data processing and analysis to occur closer to the source of data generation. This approach not only reduces latency and bandwidth usage but also enhances data privacy and security by minimizing the need for data transmission to centralized servers. As a result, edge AIoT solutions are gaining traction in applications such as autonomous vehicles, smart homes, and industrial automation, where real-time decision-making is paramount.
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Artificial Intelligence Of Things (AIoT) industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Artificial Intelligence Of Things (AIoT) market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
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,
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Artificial Intelligence Of Things (AIoT) market.
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It has segmented the global Artificial Intelligence Of Things (AIoT) market
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 Points Covered in the Report:
- A thorough analysis of value and volume at the worldwide, sector, and regional levels is included in the global Artificial Intelligence Of Things (AIoT)' market report.
- The study offers a full business size Artificial Intelligence Of Things (AIoT)' from a global point of view through a review of past facts and possible scenarios.
- Geographically, the Artificial Intelligence Of Things (AIoT)of market analysis includes the number of regions and their contrast of revenue.
- The market analysis focuses on ex-factory costs, output volume, market share & sales for every manufacturer on a company level basis.
Key Reasons to Purchase this Report:
- A comprehensive study of market size, share and dynamics is a global Artificial Intelligence Of Things (AIoT)'market research report and a thorough survey of developments in the field.
- It offers an in-depth overview of revenue growth and an analysis of the total business benefits.
- In addition to the strategic landscape for commodity pricing and marketing, the Artificial Intelligence Of Things (AIoT)' industry research also provides key players.
- This is a new post covering the latest impact on the target market. The research report addresses the rapidly evolving market climate as well as the initial and future impact assessment.
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