Artificial intelligence in IOT Market competitive analysis & industry trends


Posted August 6, 2021 by jiyakottur

Whipsmartmi.com describes potential business opportunities in the “Artificial intelligence in IOT”. The goal of the report is to estimate market, & future development

 
Artificial intelligence in IoT Market is projected to grow up to USD 11.29 billion by 2027 growing at a CAGR of 20.9% during the forecasting period 2021-2027.

Internet of things (IOT) Artificial intelligence is a combination of connecting a device to the internet and other connected devices, analyzing large amounts of data, and providing the device with the appropriate amount of data, as needed, to function properly. Because of the use of artificial intelligence in the Internet of Things, data analyzing and analytics problems are being solved more effectively because AI does it in a more efficient manner. Furthermore, the need to process massive volumes of real-time data generated by IoT appliances is expected to open up new opportunities for Artificial Intelligence in the IoT Market in the near future. The need to efficiently process massive volumes of real-time data generated by Internet of Things devices, as well as the desire to reduce maintenance costs and downtime, are expected to be the primary drivers of the market.

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AI in IoT Market report has been categorized as below
By Components
Platforms
Software Solutions
Services
Professional Services
Deployment and Integration
Support and Maintenance
Training and Consulting
Managed Services
By Technologies
ML and Deep Learning
NLP
By Verticals
Manufacturing
Energy and Utilities
Transportation and Mobility
BFSI
Government and Defense
Retail
Healthcare and Life Sciences
Telecom
Others
By Region
North America
Europe
Asia Pacific
Rest of the World
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Last Updated August 6, 2021