Feb 28 2019
The "Artificial Intelligence of Things (AIoT) Solutions: AIoT Market by Application, Service, and Industry Vertical 2018 - 2023" report has been added to ResearchAndMarkets.com's offering.
This report provides a multi-dimensional view into the AI market including analysis of embedded devices and components, embedded software, and AI platforms. This research also assesses the combined Artificial Intelligence (AI) marketplace including embedded IoT and non-IoT devices, embedded components (including AI chipsets), embedded software and AI platforms, and related services. The report also evaluates leading solution providers including hardware, software, integrated platforms, and services.
The combination of Artificial Intelligence (AI) and the Internet of Things (IoT) has the potential to dramatically accelerate the benefits of digital transformation for consumer, enterprise, industrial, and government market segments. The publisher sees the Artificial Intelligence of Things (AIoT) as transformational for both technologies as AI adds value to IoT through machine learning and decision making and IoT adds value to AI through connectivity and data exchange. The AIoT market constitutes solutions, applications, and services involving AI in IoT Systems and IoT support of AI Solutions.
As IoT networks proliferate throughout every major industry vertical, there will an increasingly large amount of unstructured machine data. The growing amount of human-oriented and machine generated data will drive substantial opportunities for AI support of unstructured data analytics solutions. Data generated from IoT supported systems will become extremely valuable, both for internal corporate needs as well as for many customer-facing functions such as product lifecycle management.
The report includes quantitative analysis with forecasts covering AI technology and systems by type, use case, application, and industry vertical. Forecasts also cover each major market sector including consumer, enterprise, industrial, and government. This report also represents the most comprehensive research covering core IoT hardware, software, and firmware as well as supporting technologies such as AI in Mobile Edge Computing.
Select Report Findings:
- Global AI Chipsets market will reach $6.6B USD by 2023
- North America will lead the AI market with 34% share by 2023
- The APAC region will lead the IoT technology market through 2023
- The combined global AI market will grow at 37% CAGR through 2023
- The combined global IoT technology market will reach $869.9B USD by 2023
- Global AI in embedded IoT devices market will approach $26.2B USD by 2023
Select Report Benefits:
- Global and regional AI and IoT forecasts from 2018 to 2023
- Identify leading AI and IoT hardware, software, and service providers
- Analysis of AI value chain, technology readiness, use cases, apps and services
- Understand IoT technology convergence with AI, Edge Computing, 5G, and IoT
- Identify the AI and IoT vendor landscape including core and supporting technologies
- Identify market opportunities globally, regionally, and by industry vertical for AI and IoT technology
- Understand the relationship between 5G, AI, Big Data, Edge Computing, IoT, Smart Machines, Robotics