Global Artificial Intelligence (AI) in Iot Market 2024-2028
Global Artificial Intelligence (AI) In IoT Market 2024-2028
The artificial intelligence (AI) in IoT market is forecasted to grow by USD 27081.2 mn during 2023-2028, accelerating at a CAGR of 30.59% during the forecast period. The report on the artificial intelligence (AI) in IoT market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by analyzing IoT data faster, large-scale benefits of using IoT devices, and increased employee productivity.
Technavio's artificial intelligence (AI) in IoT market is segmented as below:
- By End-user
- BFSI
- IT and telecom
- Manufacturing
- Others
- By Component
- Software
- Services
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growth in industrial automation as one of the prime reasons driving the artificial intelligence (AI) in IoT market growth during the next few years. Also, emergence of smart cities and prevention of fraud and malicious attacks will lead to sizable demand in the market.
The report on the artificial intelligence (AI) in IoT market covers the following areas:
- Artificial intelligence (AI) in IoT market sizing
- Artificial intelligence (AI) in IoT market forecast
- Artificial intelligence (AI) in IoT market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading artificial intelligence (AI) in IoT market vendors that include AIKairos Pvt. Ltd., Alphabet Inc., Amazon.com Inc., Arundo Analytics Inc., Autoplant System India Pvt. Ltd., Avnet Inc., C3.AI Inc, General Electric Co., Hitachi Ltd., Imagimob AB, International Business Machines Corp., Microsoft Corp., Oracle Corp., PTC Inc., Renesas Electronics Corp., Salesforce Inc., SAP SE, SAS Institute Inc., Thingstel Tech Solutions India Pvt. Ltd., and Uptake Technologies Inc.. Also, the artificial intelligence (AI) in IoT market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.