Global Artificial Intelligence Of Things AIoT Platforms
Market Report
2024
AIoT Platforms Market size is USD 3.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 35.0% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global AIoT Platforms Market size is USD 3.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 35.0% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Artificial Intelligence Of Things AIoT Platforms Market Sales Revenue 2024 | $ 3.5 Billion |
Global Artificial Intelligence Of Things AIoT Platforms Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 35% |
Market Split by Offering |
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Market Split by Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Artificial Intelligence Of Things AIoT Platforms Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
An AIoT platform combines artificial intelligence (AI) technologies with Internet of Things (IoT) infrastructure. The primary goal of an AIoT platform is to improve IoT operations, human-machine interactions, data management, and analytics. The Internet of Things is a collection of networked gadgets that can communicate with one another. These gadgets might range from smartphones and smart home appliances to industrial equipment. The Internet of Things (IoT) aims to enable these gadgets to share data and interact autonomously. Artificial intelligence (AI) is the emulation of human intelligence processes by machines, particularly computer systems, and is commonly utilized in natural language processing (NLP), speech recognition, and machine vision. Factors such as increased digitalization, the demand for intelligent transportation systems, and increased acceptance of innovative technologies all have a favorable impact on market growth. Furthermore, rising usage of IoT devices, advances in AI technology, and increased need for automation are likely to drive market expansion throughout the projection period. Furthermore, the rise of AIoT applications in different industries, including healthcare, agriculture, and retail, is likely to present attractive growth possibilities for the market in future years.
Surge in smart device demand fuels many platforms' market expansion - The increase in demand for smart devices is projected to drive future growth in the AloT platform industry. Smart gadgets are electronic devices that can communicate with other devices or networks using various wireless protocols such as Bluetooth, Zigbee, Wi-Fi, or 5G and can operate interactively and autonomously. AloT platforms are used to improve the capabilities of smart devices by utilising artificial intelligence (Al) to analyse and act on the data produced by these devices. For example, Apple Inc., a US-based technology business, set a new revenue record of $8.8 billion for smart wearables, up 12% from $7.9 billion in the previous quarter (Q4 2020). AIoT usage improves operational efficiency
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In February 2022, Microsoft announced Azure Digital Twins. IoT platforms enable users to recreate ecosystems such as factories, farms, railways, energy networks, buildings, cities, and stadiums by connecting assets such as existing corporate systems and Internet of Things devices. Furthermore, Azure Digital Twins enable the development of data processing and dynamic enterprise logic by combining Azure analytics, data, and AI services, allowing users to trace past and future forecasts.
(Source: https://xmpro.com/microsoft-azure-digital-twins-everything-you-need-to-know/)
Top Companies Market Share in Artificial Intelligence Of Things AIoT Platforms Industry: (In no particular order of Rank)
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According to Cognitive Market Research, in 2024, the North American region dominated the AIoT platform market. As a technologically advanced region, North America has continuously led worldwide IoT growth. In terms of IoT, the region excels at innovating and developing novel solutions to common difficulties. The regional market is expected to increase as AIoT is increasingly used in the manufacturing and automotive industries, as well as the region's large number of solution providers.
Asia Pacific is predicted to have rapid growth in artificial intelligence of things during the projection period, with China, India, and Japan leading the way. The region's broad use of internet and mobile technology, vast population, and booming manufacturing sector have all contributed to rising demand for AloT applications.
The current report Scope analyzes Artificial Intelligence Of Things AIoT Platforms Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Artificial Intelligence Of Things AIoT Platforms Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Artificial Intelligence Of Things AIoT Platforms Industry growth. Artificial Intelligence Of Things AIoT Platforms market has been segmented with the help of its Offering, Vertical , and others. Artificial Intelligence Of Things AIoT Platforms market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Artificial Intelligence Of Things AIoT Platforms market.
Offering of Artificial Intelligence Of Things AIoT Platforms analyzed in this report are as follows:
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According to Cognitive Market Research, in 2024, the healthcare category had a significant revenue share in the AIoT platform market. In the healthcare industry, AIoT is becoming more popular. Smartwatches and fitness trackers are only two examples of wearable technology being utilised to monitor users' health and progress. Doctors can utilise the data produced by these devices to diagnose and treat a variety of medical issues, including heart rate, blood pressure, sleep patterns, and physical activity.
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Research associate at Cognitive Market Research
Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
Swasti an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.
In her current role, Swasti manages research for service and software category, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With an expertise in market research analysis, She is adept at dissecting complex problems, extracting meaningful insights, and translating them into actionable recommendations, Swasti remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Artificial Intelligence Of Things AIoT Platforms Market is witnessing significant growth in the near future.
In 2023, the Solutions segment accounted for noticeable share of global Artificial Intelligence Of Things AIoT Platforms Market and is projected to experience significant growth in the near future.
The BFSI segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies IBM (US) , Google (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Offering | Solutions, Services |
Vertical | BFSI, Manufacturing, Healthcare, Energy & Utilties, Retail, Transportation & Logistics, Other Verticals |
List of Competitors | IBM (US), Sharp Global (Japan), Google (US), AWS (US), Microsoft (US), Oracle (US), HPE (US), Cisco (US), Intel (US), Tencent Cloud (China), NXP (Netherlands), SAS (US), Hitachi (Japan), SAP (Germany), AxiomTek (Taiwan), Autoplant Systems India Pvt. Ltd. (India), Williot (Israel), Cognosos (US), Relayr (US), Terminus Group (China), Semifive (South Korea), Uptake (Chicago), Falkonry (US), Sightmachine (US) |
This chapter will help you gain GLOBAL Market Analysis of Artificial Intelligence Of Things AIoT Platforms. Further deep in this chapter, you will be able to review Global Artificial Intelligence Of Things AIoT Platforms Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Vertical Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Artificial Intelligence Of Things AIoT Platforms market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Solutions have a significant impact on Artificial Intelligence Of Things AIoT Platforms market? |
What are the key factors affecting the Solutions and Services of Artificial Intelligence Of Things AIoT Platforms Market? |
What is the CAGR/Growth Rate of BFSI during the forecast period? |
By type, which segment accounted for largest share of the global Artificial Intelligence Of Things AIoT Platforms Market? |
Which region is expected to dominate the global Artificial Intelligence Of Things AIoT Platforms Market within the forecast period? |
Segmentation Level Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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