Global AIoT Market Projected to Reach $91.2 Billion by 2028, Driven by IoT Data as Service Solution - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Artificial Intelligence of Things Solutions by AIoT Market Applications and Services in and Industry Verticals 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.

The latest AIoT market report released reveals key insights into the transformation of communications, applications, content, and commerce due to the rapid integration of AI into ICT.

The comprehensive analysis includes market sizing, forecasts for AIoT infrastructure, services, and specific solutions from 2023 through 2028, as well as the impact of emerging technologies such as 5G and blockchain.

Select Report Findings:

• The global AIoT market will reach $91.2 billion by 2028, with a growth rate of 40.6% CAGR.
• The global market for IoT data as service solutions will reach $9.8B USD by 2028.
• The AI-enabled edge device market is set to be the fastest-growing segment within the AIoT.
• AIoT solutions are automating data processing systems, converting raw IoT data into useful information.
• Current AIoT solutions pave the way for next-generation AI Decision as a Service (AIDaaS).
• AIoT solutions are projected to enhance operational effectiveness and the value of machine data by up to 29% by 2028.

The report underscores the pivotal role of AI in effective decision-making within IoT and data analytics, especially crucial for smart city solutions. As AI and Internet of Things (IoT) converge to form AIoT, we're witnessing the rise of 'thinking' networks and systems increasingly capable of addressing a wide range of problems across diverse industry verticals.

The AIoT goal is to harness AI techniques, including machine learning, deep learning, and data analytics, to process and analyze the vast amounts of data generated by IoT devices. By applying AI algorithms to IoT data, AIoT aims to extract valuable insights, identify patterns, and facilitate autonomous actions or intelligent responses.

AIoT's benefits span across efficient IoT operations, improved human-machine interactions, enhanced data management and analytics, and intelligent automation and adaptability. These advances are set to transform industry verticals through AI integration with enterprise, industrial, and consumer product and service systems.

The report also anticipates rapid growth for IoT data-as-a-service offerings to evolve into AI-enabled decisions-as-a-service solutions, tailored on a per-industry and company basis. The fastest-growing 5G AIoT applications involve private networks, with the 5GNR market for private wireless in industrial automation expected to reach $5.9B by 2028.

Key Topics Covered:

1.0 Executive Summary

2.0 Introduction

3.0 Technology and Application Analysis

3.1 AIoT Market Analysis

3.2 AIoT Sub-Market Analysis

3.3 AIoT Technology Analysis

3.4 AIoT Enabling Technology Analysis

3.5 AIoT Applications Analysis

4.0 Company Analysis

4.1 Sharp Corporation

4.2 SAS Institute Inc.

4.3 DT42 Co. Ltd.

4.4 Baidu Inc.

4.5 Alibaba Group Holding Limited

4.6 Tencent

4.7 Xiaomi

4.8 NVIDIA Corporation

4.9 Intel Corporation

4.10 Qualcomm Technologies Inc.

4.11 Innodisk Corporation

4.12 GBT Technologies

4.13 Micron Technology Inc.

4.14 ShiftPixy

4.15 Uptake Technologies Inc.

4.16 C3 AI Inc.

4.17 Alluvium IoT Solutions Pvt Ltd.

4.18 Arundo (Stanford Startx Company)

4.19 Canvass Analytics Inc.

4.20 Falkonry Inc.

4.21 Interactor

4.22 Google (DeepMind)

4.23 Cisco Systems

4.24 IBM Corporation

4.25 Microsoft Corporation

4.26 Apple Inc.

4.27 Salesforce Inc.

4.28 Infineon Technologies AG (Cypress Semiconductor)

4.29 Amazon Inc.

4.30 AB Electrolux

4.31 ABB Ltd.

4.32 AIBrian Inc.

4.33 Analog Devices Inc.

4.34 ARM Limited

4.35 Atmel Corporation (Microchip Technology)

4.36 Ayla Networks Inc.

4.37 Brighterion Inc.

4.38 Buddy (Blue Frog Robotics)

4.39 CloudMinds

4.40 Cumulocity IoT (Software AG)

4.41 Smarsh Inc. (Digital Reasoning Systems)

4.42 Enea AB

4.43 Express Logic Inc. (Microsoft Corporation)

4.44 Meta Platform Inc. (Facebook)

4.45 Fujitsu Ltd.

4.46 Thales Group (Gemalto N.V.)

4.47 General Electric (GE)

4.48 General Vision Services (GVS)

4.49 Graphcore

4.50 H2O.ai

4.51 Haier Group

4.52 Helium Systems

4.53 Hewlett Packard Enterprise (HPE)

4.54 Huawei Technologies

4.55 Siemens AG

4.56 SK Telecom

4.57 SoftBank Robotics

4.58 SpaceX

4.59 SparkCognition

4.60 STMicroelectronics

4.61 Broadcom Inc. (Symantec)

4.62 Tellmeplus (OVHCloud)

4.63 Tesla Inc.

4.64 Texas Instruments

4.65 Thethings.io

4.66 Veros Systems (Baker Hughes Company)

4.67 Whirlpool Corporation

4.68 Wind River Systems Inc.

4.69 Juniper Networks Inc.

4.70 Nokia Corporation

4.71 Oracle Corporation

4.72 PTC Corporation (ServiceMax)

4.73 Losant IoT

4.74 Robert Bosch GmbH

4.75 Pepper

4.76 Terminus Group

4.77 Tuya Inc.

4.78 NXP Semiconductors (Freescale Semiconductor)

4.79 Axiomtek Co. Ltd.

4.80 Pinnacle Solutions Inc.

4.81 Schneider Electric

4.82 TCL Technology

4.83 GREE Electric Appliances Inc.

4.84 Hisense International

4.85 Lenovo

4.86 Midea

5.0 Market Analysis and Forecasts 2023 - 2028

5.1 AIoT Market 2023 - 2028

5.2 Regional AIoT Market 2023 - 2028

5.3 AIoT Deployment Unit 2023 - 2028

5.4 Regional AIoT Deployment Unit 2023 - 2028

6.0 Conclusions and Recommendations

7.0 Appendix: General Purpose AI

For more information about this report visit https://www.researchandmarkets.com/r/isvec0

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