Artificial intelligence in IoT Market Value To Reach USD 11.29 billion by 2027

(I-BusinessNews.Com, July 29, 2021 ) 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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The global market report scope consists of a comprehensive study covering primary factors impacting the industry trends. The study includes analysis of regional and country-level market dynamics. The scope also consists of competitive overview offering company market shares coupled with company profiles for key revenue contributing companies. The report scope covers a detailed competitive outlook covering market shares and profiles of key participants in the market share.

The key players of the market are Google (US), Microsoft (US), IBM (US), AWS (US), Oracle (US), SAP (Germany), PTC (US), GE (US), Salesforce (US), Hitachi (Japan), Uptake (US), SAS (US), Autoplant Systems Pvt Ltd. (India), Kairos (US), Softweb Solutions (US), Arundo (US), C3 IoT (US), Anagog (Israel), Imagimob (Sweden), and Thingstel (India).

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AI in IoT Market report has been categorized as below

By Components

Software Solutions
Professional Services
Deployment and Integration
Support and Maintenance
Training and Consulting
Managed Services
By Technologies
ML and Deep Learning

AI in IoT Market Verticals
Energy and Utilities
Transportation and Mobility
Government and Defense
Healthcare and Life Sciences

By Region
North America
Asia Pacific
Rest of the World

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