AIoT Platforms Market

AIoT Platforms Market by Offering (Solutions (Device Management, Application Management, Connectivity Management) and Services), Vertical (Manufacturing, Healthcare, Retail) and Region - Global Forecast to 2028

Report Code: TC 8617 Apr, 2023, by marketsandmarkets.com

The AIoT Platforms Market size is projected to expand at a CAGR of 37.7% during the forecast period to reach USD 24.9 billion by 2028, size was valued USD 5.0 billion in 2023. The primary factor driving the growth of AIoT platforms is the increasing government spending and initiatives to establish AIoT platforms developments. Also the increasing demand for effective management of data generated from IoT devices to gain valuable insights, streamline the production process, and reduce downtime is to drive the growth of the AIoT platforms market.

AIoT Platforms Market

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AIoT Platforms Market

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AIoT Platforms Market Dynamics

Driver: Edge-Computing-Powered Artificial Intelligence of Things

The idea of edge computing encourages the development of distributed system architectures with on-device data processing that are extremely effective, scalable, reliable, and well suited for low-latency use cases. Due to the enormous computing resources needed to conduct ML tasks, machine learning and deep learning were first restricted to the cloud platform. Emerging computationally demanding and resource-intensive AIoT applications can be effectively supported at the network edge by utilizing the innovative paradigm of edge intelligence. To achieve quick processing speed and low latency needed for intelligent IoT applications, edge computing is crucial.

Restraint: Security and compatibility issues

Security is a serious problem, since AIoT platforms require integration and exchange of data across numerous devices and networks. Every vulnerability or breach can have serious repercussions, including data loss, identity theft, and monetary losses. AIoT platforms make use of a range of hardware, software, and standards. This may result in compatibility problems that make it challenging to combine various systems. It may be challenging for enterprises to connect various systems together due to the absence of common standards for AI and IoT technology. This may prevent companies reluctant to invest in non-standard technology from adopting AIoT platforms.

Opportunity: Real-time operational decision-making

IoT devices collect significant amounts of data. AIoT technologies use this data for real-time decision-making. A simple example of this is a security camera system integrated with an alarm. A typical IoT camera would stream video data to a center where security personnel would watch the recording. An AIoT camera can detect trespassers and automatically activate a noise alarm to notify the security team. Thus, AIoT technology moves decision-making from human security personnel to the IoT device, enabling labor savings and improved compliance. For example, an automated system is better than security professionals who could fall asleep in front of the screen.

Challenge: Maintenance and update issues

Enterprises are adopting AI-based IoT solutions for predictive maintenance and enhanced customer experience. The vendors in the market must develop AI in IoT systems considering two important factors, namely maintenance and updates. An AI-based IoT system needs to be updated and maintained as per the changing business requirements to implement technological upgrades. As new components are added, the software also needs to be upgraded. The new system must be integrated with the existing as well as additional software. With an increase in the number of systems, the maintenance cost also increases. Maintaining and upgrading AI-based IoT systems is going to be a challenging task for companies offering solutions without any interruption.

AIoT Platforms Market Ecosystem

Prominent companies in this market include well-established, financially stable provider of AIoT platforms solutions and services. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks.

AIoT Platforms Market Size, and Share

By professional services, Deployment and integration to hold the largest market size during the forecast period

Deployment and integration services are one of the major services as the data generated by AI-enhanced IoT devices needs to be merged with the current systems, necessitating the usage of the appropriate level of connectors and back-end integration abilities. Deployment and integration services begin with collecting customer requirements, and then deploying, integrating, testing, and rolling out the solutions. Many organizations have already deployed various AI-based solutions to manage their workflows and provide ease to their customers and employees. Deployment and integration service providers help these organizations develop a connected environment by integrating IoT devices and AI-based solutions with their existing IT infrastructure. Companies such as OSIsoft and PTC offer deployment and integrations services to organizations in the AIoT market.

By offering, the services segment is expected to register the fastest growth rate during the forecast period.

Factors such as increasing adoption of connected devices across organizations and evolution of high speed networking technologies have encouraged organizations in every industry sector to adopt AIoT solutions. However, the integration of new services and AI-based solutions into a company’s contemporary functioning system or infrastructure forces it to be acquainted with comprehensive detailed insights about services. Additionally, organizations need to have in-depth knowledge about the benefits that the new services would offer to their customers and employees. This knowledge is provided through a specific set of channelized services, offered by AIoT service providers.

North America is expected to hold the largest market size during the forecast period.

North America being one of the most technologically advanced regions, has frequently set the pace for IoT growth globally. Regarding IoT, the region excels at innovation and developing fresh approaches to common issues. Due to the increasing adoption of AIoT by the manufacturing and automotive industries and the presence of significant solution providers in this region, North America is anticipated to dominate the growth of the global artificial intelligence of things (AIoT) market.

AIoT Platforms Market Size, and Share

Market Players:

The major players in the AIoT platforms market are 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), and Sightmachine (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their footprint in the AIoT platforms market.

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Scope of the Report

Report Metrics

Details

Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023–2028

Forecast units

Value (USD) Million/Billion

Segments covered

Offering (Solutions and Services), Verical and Region

Region covered

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America

Companies covered

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), and Sightmachine (US).

This research report categorizes the AIoT platforms market to forecast revenues and analyze trends in each of the following submarkets:

Based on Offering:
  • Solutions
    • Device Management
    • Application Managemnet
    • Connectivity Management
  • Services
    • Professional Services
      • Deployment and Integration
      • Support and Maintenance
      • Training and Consulting
    • Managed Services
Based on Vertical:
  • BFSI
  • Manufacturing
  • Healthcare
  • Energy & Utilties
  • Retail
  • Transportation & Logistics
  • Other Verticals
By Region:
  • North America
    • United States (US)
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • France
    • Italy
    • Spain
    • Nordics
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia and New Zealand
    • Southeast Asia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Middle East
      • KSA
      • UAE
      • Rest of Middle East
    • Africa
      • South Africa
      • Egypt
      • Nigeria
      • Rest of Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments

  • In March 2022,  Cisco Meraki expanded its IoT portfolio by launching a smart automation button, MT30; a new indoor air quality sensor, MT14; and new MV analytics capabilities. Cisco Meraki addresses smart workspace requirements and the future needs of enterprises to protect places, people, and things.
  • In June 2022, Intel collaborated with Vingroup to develop smart city solutions. Intel would explore opportunities for 5G-enabled smart city and smart building solutions, which could be applied to Vinhomes’ smart city projects, and deploy smart factory IoT solutions for VinES batteries manufacturing and VinFast EV manufacturing.
  • In July 2021, IBM and Siemens announced a collaboration to integrate Siemens’ MindSphere IoT platform with IBM's Watson AI and Edge computing technologies. The collaboration is aimed at helping businesses improve their industrial operations and make better use of IoT data.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 36)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
           1.3.3 INCLUSIONS & EXCLUSIONS
    1.4 YEARS CONSIDERED 
    1.5 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2020–2022
    1.6 STAKEHOLDERS 
    1.7 RECESSION IMPACT 
 
2 RESEARCH METHODOLOGY (Page No. - 40)
    2.1 RESEARCH DATA 
           FIGURE 1 RESEARCH DESIGN
           FIGURE 2 RESEARCH METHODOLOGY
           2.1.1 SECONDARY DATA
                    2.1.1.1 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews with experts
                    2.1.2.2 Key participants
                    2.1.2.3 Breakdown of primary profiles
                    2.1.2.4 Primary sources
                    2.1.2.5 Key industry insights
    2.2 MARKET SIZE ESTIMATION 
           FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN AND BOTTOM-UP APPROACHES
           2.2.1 TOP-DOWN APPROACH
           2.2.2 BOTTOM-UP APPROACH
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 4 DATA TRIANGULATION
           TABLE 2 FACTOR ANALYSIS
    2.4 RESEARCH ASSUMPTIONS 
    2.5 LIMITATIONS AND RISK ASSESSMENT 
 
3 EXECUTIVE SUMMARY (Page No. - 49)
    FIGURE 5 AIOT PLATFORMS MARKET, 2023 VS. 2028 (USD MILLION) 
    FIGURE 6 MARKET, REGIONAL SHARE, 2023 
    FIGURE 7 ASIA PACIFIC TO BE LUCRATIVE MARKET FOR INVESTMENTS DURING FORECAST PERIOD 
 
4 PREMIUM INSIGHTS (Page No. - 53)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIOT PLATFORMS MARKET 
           FIGURE 8 INTEGRATION OF AI-BASED SOLUTIONS IN IOT PROJECTS TO DRIVE MARKET DURING FORECAST PERIOD
    4.2 NORTH AMERICA: MARKET,  BY OFFERING & COUNTRY 
           FIGURE 9 SOLUTIONS SEGMENT AND US TO ACCOUNT FOR SIGNIFICANT MARKET SHARE IN 2023
    4.3 ASIA PACIFIC: MARKET,  BY OFFERING & KEY COUNTRIES 
           FIGURE 10 SOLUTIONS SEGMENT AND CHINA TO ACCOUNT FOR SIGNIFICANT MARKET SHARE IN 2023
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 55)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 11 AIOT PLATFORMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Rising need to develop effective distributed system architectures
                    5.2.1.2 High efficiency of AIoT devices
                    5.2.1.3 Reduced maintenance costs and downtime
           5.2.2 RESTRAINTS
                    5.2.2.1 Shortage of skilled workforce in companies requiring expertise in AIoT
                    5.2.2.2 Absence of common AI and IoT technology standards
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increased adoption of AIoT devices across sectors for real-time decision-making
                    5.2.3.2 Growing investments in IoT
           5.2.4 CHALLENGES
                    5.2.4.1 High volume of data generated led to data security and privacy issues
                    5.2.4.2 Constant need to update and upgrade AIoT software solutions
    5.3 INDUSTRY TRENDS 
           5.3.1 CUMULATIVE GROWTH ANALYSIS
           5.3.2 VALUE CHAIN ANALYSIS
                    FIGURE 12 VALUE CHAIN ANALYSIS
           5.3.3 ECOSYSTEM ANALYSIS
                    TABLE 3 ECOSYSTEM ANALYSIS
           5.3.4 PORTER’S FIVE FORCES ANALYSIS
                    TABLE 4 PORTER’S FIVE FORCES ANALYSIS
                    5.3.4.1 Threat from new entrants
                    5.3.4.2 Threat from substitutes
                    5.3.4.3 Bargaining power of suppliers
                    5.3.4.4 Bargaining power of buyers
                    5.3.4.5 Intensity of competitive rivalry
           5.3.5 KEY STAKEHOLDERS AND BUYING CRITERIA
                    5.3.5.1 Key stakeholders in buying process
                               FIGURE 13 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
                               TABLE 5 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USERS
                    5.3.5.2 Buying criteria
                               FIGURE 14 KEY BUYING CRITERIA FOR TOP THREE END USERS
                               TABLE 6 KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS
           5.3.6 TECHNOLOGY ANALYSIS
                    5.3.6.1 Introduction
                    5.3.6.2 Artificial Intelligence & Internet of Things
                    5.3.6.3 Industrial Internet of Things (IIoT)
                    5.3.6.4 Autonomous Things (AuT)
           5.3.7 TRENDS AND DISRUPTIONS IMPACTING BUYERS
                    FIGURE 15 REVENUE SHIFT FOR AIOT PLATFORMS MARKET
           5.3.8 PATENT ANALYSIS
                    5.3.8.1 Methodology
                    5.3.8.2 Document type
                               TABLE 7 PATENTS FILED, 2020–2023
                    5.3.8.3 Innovation and patent applications
                               FIGURE 16 NUMBER OF PATENTS GRANTED, 2020–2023
                    5.3.8.4 Top applicants
                               FIGURE 17 TOP TEN COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2020–2022
           5.3.9 PRICING ANALYSIS
                    TABLE 8 AVERAGE SELLING PRICING MODEL
           5.3.10 CASE STUDY ANALYSIS
                    5.3.10.1 Case study 1: SUEZ improved its production quality control with AI and IoT solutions
                    5.3.10.2 Case study 2: US-based global manufacturer of professional factory grade systems used Orion’s AIoT solutions to track system anomalies
                    5.3.10.3 Case study 3: Alibaba Cloud’s ET City Brain solution helped city administrators in Hangzhou analyze traffic data
                               TABLE 9 KEY CONFERENCES & EVENTS, 2022–2023
           5.3.11 TARIFF AND REGULATORY IMPACT
                    5.3.11.1 General Data Protection Regulation
                    5.3.11.2 Health Insurance Portability and Accountability Act
                    5.3.11.3 Federal Trade Commission
                    5.3.11.4 Federal Communications Commission
                    5.3.11.5 International Organization for Standardization/International Electrotechnical Commission Standards
                               5.3.11.5.1 ISO/ICE JTC 1
                               5.3.11.5.2 ISO/IEC JTC 1/SC 42
                               5.3.11.5.3 ISO/IEC JTC1/SC3 1
                               5.3.11.5.4 ISO/IEC JTC1/SC2 7
           5.3.12 EUROPEAN COMMITTEE FOR STANDARDIZATION
                    5.3.12.1 CEN/CENELEC
           5.3.13 NATIONAL INSTITUTE OF STANDARDS AND TECHNOLOGY
           5.3.14 EU EPRIVACY REGULATION
 
6 AIOT PLATFORMS MARKET, BY OFFERING (Page No. - 70)
    6.1 INTRODUCTION 
           FIGURE 18 SERVICES SEGMENT TO WITNESS HIGHER GROWTH DURING FORECAST PERIOD
           6.1.1 OFFERINGS: MARKET DRIVERS
                    TABLE 10 MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 11 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    6.2 SOLUTIONS 
           FIGURE 19 APPLICATION MANAGEMENT SEGMENT TO ACHIEVE HIGHEST CAGR BY 2028
           TABLE 12 MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
           TABLE 13 MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
           TABLE 14 SOLUTIONS: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 15 SOLUTIONS: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.2.1 DEVICE MANAGEMENT
                    6.2.1.1 Growing need for AIoT platforms to manage information
                               TABLE 16 DEVICE MANAGEMENT: AIOT PLATFORMS MARKET, BY REGION,  2017–2022 (USD MILLION)
                               TABLE 17 DEVICE MANAGEMENT: MARKET, BY REGION,  2023–2028 (USD MILLION)
           6.2.2 APPLICATION MANAGEMENT
                    6.2.2.1 Increasing adoption of AIoT solutions to design and manage applications
                               TABLE 18 APPLICATION MANAGEMENT: MARKET, BY REGION,  2017–2022 (USD MILLION)
                               TABLE 19 APPLICATION MANAGEMENT: MARKET, BY REGION,  2023–2028 (USD MILLION)
           6.2.3 CONNECTIVITY MANAGEMENT
                    6.2.3.1 Growing use of AIoT solutions in managing many IoT devices simultaneously
                               TABLE 20 CONNECTIVITY MANAGEMENT: MARKET, BY REGION,  2017–2022 (USD MILLION)
                               TABLE 21 CONNECTIVITY MANAGEMENT: MARKET, BY REGION,  2023–2028 (USD MILLION)
    6.3 SERVICES 
           FIGURE 20 MANAGED SERVICES SEGMENT TO ACHIEVE HIGHER GROWTH BY 2028
           TABLE 22 AIOT PLATFORMS MARKET, BY SERVICE, 2017–2022 (USD MILLION)
           TABLE 23 MARKET, BY SERVICE, 2023–2028 (USD MILLION)
           TABLE 24 SERVICES: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 25 SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           6.3.1 PROFESSIONAL SERVICES
                    FIGURE 21 SUPPORT AND MAINTENANCE SEGMENT TO ACHIEVE HIGHEST CAGR BY 2028
                    TABLE 26 MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                    TABLE 27 MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                    TABLE 28 PROFESSIONAL SERVICES: MARKET, BY REGION,  2017–2022 (USD MILLION)
                    TABLE 29 PROFESSIONAL SERVICES: MARKET, BY REGION,  2023–2028 (USD MILLION)
                    6.3.1.1 Deployment and integration
                               6.3.1.1.1 Rising adoption of deployment and integration solutions for managing workflows
                               TABLE 30 DEPLOYMENT AND INTEGRATION: AIOT PLATFORMS MARKET, BY REGION,  2017–2022 (USD MILLION)
                               TABLE 31 DEPLOYMENT AND INTEGRATION: MARKETS, BY REGION,  2023–2028 (USD MILLION)
                    6.3.1.2 Support and maintenance
                               6.3.1.2.1 Use of AIoT platforms for inspection, repair, and replacement of systems
                               TABLE 32 SUPPORT AND MAINTENANCE: MARKET, BY REGION,  2017–2022 (USD MILLION)
                               TABLE 33 SUPPORT AND MAINTENANCE: MARKET, BY REGION,  2023–2028 (USD MILLION)
                    6.3.1.3 Training and consulting
                               6.3.1.3.1 Use of AIoT in training and consulting services to help clients achieve robust business mechanisms
                               TABLE 34 TRAINING AND CONSULTING: AIOT PLATFORMS, BY REGION, 2017–2022 (USD MILLION)
                               TABLE 35 TRAINING AND CONSULTING: MARKET, BY REGION,  2023–2028 (USD MILLION)
           6.3.2 MANAGED SERVICES
                    6.3.2.1 Increased adoption of outsourced managed services in AIoT ecosystem
                               TABLE 36 MANAGED SERVICES: MARKET, BY REGION,  2017–2022 (USD MILLION)
                               TABLE 37 MANAGED SERVICES: MARKET, BY REGION,  2023–2028 (USD MILLION)
 
7 AIOT PLATFORMS MARKET, BY VERTICAL (Page No. - 85)
    7.1 INTRODUCTION 
           FIGURE 22 TRANSPORTATION & LOGISTICS SEGMENT TO ACHIEVE HIGHEST CAGR DURING FORECAST PERIOD
           7.1.1 VERTICALS: MARKET DRIVERS
                    TABLE 38 MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                    TABLE 39 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
    7.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI) 
                    TABLE 40 BFSI: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 41 BFSI: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.2.1 FRAUD AND RISK MANAGEMENT
                    7.2.1.1 Rising adoption of AIoT solutions for handling huge amounts of critical data
           7.2.2 INVESTMENT PREDICTION
                    7.2.2.1 AI-powered services facilitate effective investment decisions
           7.2.3 PAYMENT TRANSACTION SECURITY
                    7.2.3.1 Rising use of AIoT to protect sensitive customer data
           7.2.4 OTHERS
    7.3 MANUFACTURING 
                    TABLE 42 MANUFACTURING: AIOT PLATFORMS MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 43 MANUFACTURING: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.1 PREDICTIVE MAINTENANCE
                    7.3.1.1 Growing use of AIoT in monitoring machines in manufacturing centers
           7.3.2 PROCESS OPTIMIZATION
                    7.3.2.1 Growing urgency to automate production processes to boost use of AIoT
           7.3.3 SUPPLY CHAIN MANAGEMENT
                    7.3.3.1 Enhanced supply chain management guaranteed through use of AIoT and big data analytics
           7.3.4 OTHERS
    7.4 HEALTHCARE 
           TABLE 44 HEALTHCARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 45 HEALTHCARE: AIOT PLATFORMS MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.4.1 REMOTE PATIENT MONITORING
                    7.4.1.1 Growing adoption of AI-infused software for real-time monitoring of patient health conditions
           7.4.2 PERSONALIZED TREATMENT
                    7.4.2.1 AIoT solutions to help doctors personalize treatment
           7.4.3 CLINICAL APPS
                    7.4.3.1 Growing need for AIoT services for effective diagnosis and treatment
           7.4.4 OTHERS
    7.5 ENERGY & UTILITIES 
           TABLE 46 ENERGY & UTILITIES: AIOT PLATFORMS MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 47 ENERGY & UTILITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.5.1 REAL-TIME ENERGY MONITORING IN RETAIL, RESIDENTIAL, AND COMMERCIAL SPACES
                    7.5.1.1 Increasing use of AIoT platforms for real-time energy monitoring
           7.5.2 SMART GRID MANAGEMENT
                    7.5.2.1 Adoption of AIoT solutions to build intelligent utility grids
           7.5.3 POWER USAGE ANALYTICS
                    7.5.3.1 AIoT platforms enable organizations in power sector offer personalized customer service
           7.5.4 OTHERS
    7.6 RETAIL 
           TABLE 48 RETAIL: AIOT PLATFORMS MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 49 RETAIL: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.6.1 SMART STORES
                    7.6.1.1 Growing need to enhance customer experience in smart stores to fuel adoption of AI technology
           7.6.2 INVENTORY PLANNING
                    7.6.2.1 AIoT enables retailers analyze trends and predict sales
           7.6.3 UPSELLING AND CROSS-CHANNEL MARKETING
                    7.6.3.1 Active use of AI technology in promotional activities
           7.6.4 OTHERS
    7.7 TRANSPORTATION & LOGISTICS 
           TABLE 50 TRANSPORTATION & LOGISTICS: AIOT PLATFORMS MARKET, BY REGION,  2017–2022 (USD MILLION)
           TABLE 51 TRANSPORTATION & LOGISTICS: MARKET, BY REGION,  2023–2028 (USD MILLION)
           7.7.1 CONNECTED VEHICLES
                    7.7.1.1 Growing technological advancements in AI and IoT paving way for connected vehicles
           7.7.2 FLEET MANAGEMENT
                    7.7.2.1 Increasing adoption of AI-infused fleet management systems for personalized driving experience
           7.7.3 ASSET TRACKING AND PERFORMANCE MANAGEMENT
                    7.7.3.1 Growing need for AIoT solutions to reduce operating costs in transportation sector
           7.7.4 OTHERS
    7.8 OTHER VERTICALS 
           TABLE 52 OTHER VERTICALS: MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 53 OTHER VERTICALS: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
8 AIOT PLATFORMS MARKET, BY REGION (Page No. - 102)
    8.1 INTRODUCTION 
           FIGURE 23 NORTH AMERICA TO LEAD MARKET DURING FORECAST PERIOD
           FIGURE 24 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           TABLE 54 MARKET, BY REGION, 2017–2022 (USD MILLION)
           TABLE 55 MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.2 NORTH AMERICA 
           8.2.1 NORTH AMERICA: RECESSION IMPACT
                    FIGURE 25 NORTH AMERICA: MARKET SNAPSHOT
                    TABLE 56 NORTH AMERICA: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 57 NORTH AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 58 NORTH AMERICA: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                    TABLE 59 NORTH AMERICA: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                    TABLE 60 NORTH AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 61 NORTH AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 62 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                    TABLE 63 NORTH AMERICA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                    TABLE 64 NORTH AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                    TABLE 65 NORTH AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    TABLE 66 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 67 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           8.2.2 US
                    8.2.2.1 Rising inclination toward innovation and state-of-the-art infrastructure
                               TABLE 68 US: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 69 US: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 70 US: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 71 US: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 72 US: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 73 US: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 74 US: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                               TABLE 75 US: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                               TABLE 76 US: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 77 US: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.2.3 CANADA
                    8.2.3.1 Active funding in research and development by government to drive adoption of AIoT
    8.3 EUROPE 
           8.3.1 RECESSION IMPACT: EUROPE
                    TABLE 78 EUROPE: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 79 EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 80 EUROPE: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                    TABLE 81 EUROPE: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                    TABLE 82 EUROPE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 83 EUROPE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 84 EUROPE: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                    TABLE 85 EUROPE: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                    TABLE 86 EUROPE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                    TABLE 87 EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    TABLE 88 EUROPE: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 89 EUROPE: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           8.3.2 UK
                    8.3.2.1 Increasing adoption of AI-powered solutions in healthcare sector
                               TABLE 90 UK: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 91 UK: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 92 UK: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 93 UK: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 94 UK: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 95 UK: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 96 UK: MARKET, BY PROFESSIONAL SERVICE, 2017–2022 (USD MILLION)
                               TABLE 97 UK: MARKET, BY PROFESSIONAL SERVICE, 2023–2028 (USD MILLION)
                               TABLE 98 UK: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 99 UK: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.3.3 GERMANY
                    8.3.3.1 Increased use of AIoT solutions for optimizing industrial systems
                               TABLE 100 GERMANY: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 101 GERMANY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 102 GERMANY: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 103 GERMANY: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 104 GERMANY: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 105 GERMANY: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 106 GERMANY: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 107 GERMANY: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 108 GERMANY: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 109 GERMANY: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.3.4 FRANCE
                    8.3.4.1 Rise in investments by global players to boost country’s technological sector
           8.3.5 SPAIN
                    8.3.5.1 Growth in initiatives to drive innovations in AIoT
           8.3.6 ITALY
                    8.3.6.1 Rising demand for predictive maintenance and need for robust supply chain management
           8.3.7 NORDICS
                    8.3.7.1 Environmental concerns to drive adoption of AIoT solutions
           8.3.8 REST OF EUROPE
    8.4 ASIA PACIFIC 
           8.4.1 RECESSION IMPACT: ASIA PACIFIC
                    FIGURE 26 ASIA PACIFIC: AIOT PLATFORMS MARKET SNAPSHOT
                    TABLE 110 ASIA PACIFIC: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 111 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 112 ASIA PACIFIC: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                    TABLE 113 ASIA PACIFIC: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                    TABLE 114 ASIA PACIFIC: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 115 ASIA PACIFIC: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 116 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                    TABLE 117 ASIA PACIFIC: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                    TABLE 118 ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                    TABLE 119 ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    TABLE 120 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 121 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           8.4.2 CHINA
                    8.4.2.1 Active involvement of global players in  promoting use of AIoT
                               TABLE 122 CHINA: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 123 CHINA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 124 CHINA: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 125 CHINA: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 126 CHINA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 127 CHINA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 128 CHINA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 129 CHINA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 130 CHINA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 131 CHINA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.4.3 JAPAN
                    8.4.3.1 Enterprises to realize opportunities in sensor-to-edge and edge-to-core AIoT platforms
                               TABLE 132 JAPAN: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 133 JAPAN: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 134 JAPAN: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 135 JAPAN: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 136 JAPAN: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 137 JAPAN: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 138 JAPAN: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 139 JAPAN: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 140 JAPAN: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 141 JAPAN: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.4.4 INDIA
                    8.4.4.1 Extensive deployment of AIoT solutions in farming sector
                               TABLE 142 INDIA: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 143 INDIA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 144 INDIA: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 145 INDIA: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 146 INDIA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 147 INDIA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 148 INDIA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 149 INDIA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 150 INDIA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 151 INDIA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.4.5 AUSTRALIA & NEW ZEALAND
                    8.4.5.1 Presence of skilled engineers and data scientists with abilities to create cutting-edge AIoT solutions
           8.4.6 SOUTHEAST ASIA
                    8.4.6.1 Rising need for smart solutions and emphasis on Industry 4.0 projects
           8.4.7 REST OF ASIA PACIFIC
    8.5 MIDDLE EAST & AFRICA 
           8.5.1 RECESSION IMPACT: MIDDLE EAST & AFRICA
                    TABLE 152 MIDDLE EAST & AFRICA: AIOT PLATFORMS MARKET, BY OFFERING,  2017–2022 (USD MILLION)
                    TABLE 153 MIDDLE EAST & AFRICA: MARKET, BY OFFERING,  2023–2028 (USD MILLION)
                    TABLE 154 MIDDLE EAST & AFRICA: MARKET, BY SOLUTION,  2017–2022 (USD MILLION)
                    TABLE 155 MIDDLE EAST & AFRICA: MARKET, BY SOLUTION,  2023–2028 (USD MILLION)
                    TABLE 156 MIDDLE EAST & AFRICA: MARKET, BY SERVICE,  2017–2022 (USD MILLION)
                    TABLE 157 MIDDLE EAST & AFRICA: MARKET, BY SERVICE,  2023–2028 (USD MILLION)
                    TABLE 158 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                    TABLE 159 MIDDLE EAST & AFRICA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                    TABLE 160 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL,  2017–2022 (USD MILLION)
                    TABLE 161 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL,  2023–2028 (USD MILLION)
                    TABLE 162 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY,  2017–2022 (USD MILLION)
                    TABLE 163 MIDDLE EAST & AFRICA: MARKET, BY COUNTRY,  2023–2028 (USD MILLION)
           8.5.2 MIDDLE EAST
                    8.5.2.1 Increasing investments in data center infrastructures and growth in number of startups
                    8.5.2.2 Saudi Arabia
                               TABLE 164 SAUDI ARABIA: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 165 SAUDI ARABIA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 166 SAUDI ARABIA: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 167 SAUDI ARABIA: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 168 SAUDI ARABIA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 169 SAUDI ARABIA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 170 SAUDI ARABIA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 171 SAUDI ARABIA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 172 SAUDI ARABIA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 173 SAUDI ARABIA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    8.5.2.3 UAE
                    8.5.2.4 Israel
           8.5.3 AFRICA
                    8.5.3.1 Rising collaboration between startups and key players to promote use of AIoT solutions
                    8.5.3.2 South Africa
                               TABLE 174 SOUTH AFRICA: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 175 SOUTH AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 176 SOUTH AFRICA: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 177 SOUTH AFRICA: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 178 SOUTH AFRICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 179 SOUTH AFRICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 180 SOUTH AFRICA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 181 SOUTH AFRICA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 182 SOUTH AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 183 SOUTH AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.5.4 REST OF MIDDLE EAST & AFRICA
    8.6 LATIN AMERICA 
           8.6.1 RECESSION IMPACT: LATIN AMERICA
                    TABLE 184 LATIN AMERICA: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 185 LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                    TABLE 186 LATIN AMERICA: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                    TABLE 187 LATIN AMERICA: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                    TABLE 188 LATIN AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 189 LATIN AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 190 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                    TABLE 191 LATIN AMERICA: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                    TABLE 192 LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                    TABLE 193 LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                    TABLE 194 LATIN AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                    TABLE 195 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
           8.6.2 BRAZIL
                    8.6.2.1 Government initiatives to support growth of AIoT
                               TABLE 196 BRAZIL: AIOT PLATFORMS MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                               TABLE 197 BRAZIL: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                               TABLE 198 BRAZIL: MARKET, BY SOLUTION, 2017–2022 (USD MILLION)
                               TABLE 199 BRAZIL: MARKET, BY SOLUTION, 2023–2028 (USD MILLION)
                               TABLE 200 BRAZIL: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                               TABLE 201 BRAZIL: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                               TABLE 202 BRAZIL: MARKET, BY PROFESSIONAL SERVICE,  2017–2022 (USD MILLION)
                               TABLE 203 BRAZIL: MARKET, BY PROFESSIONAL SERVICE,  2023–2028 (USD MILLION)
                               TABLE 204 BRAZIL: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                               TABLE 205 BRAZIL: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
           8.6.3 MEXICO
                    8.6.3.1 Need for enhanced connectivity in business processes
           8.6.4 REST OF LATIN AMERICA
 
9 COMPETITIVE LANDSCAPE (Page No. - 159)
    9.1 OVERVIEW 
    9.2 STRATEGIES ADOPTED BY KEY PLAYERS 
           TABLE 206 STRATEGIES ADOPTED BY KEY PLAYERS
    9.3 MARKET SHARE ANALYSIS 
           TABLE 207 AIOT PLATFORMS MARKET: INTENSITY OF COMPETITIVE RIVALRY
    9.4 HISTORICAL REVENUE ANALYSIS 
           FIGURE 27 HISTORICAL REVENUE ANALYSIS FOR KEY PLAYERS, 2018–2022 (USD MILLION)
    9.5 MARKET RANKING OF KEY PLAYERS 
           FIGURE 28 MARKET RANKING OF KEY PLAYERS, 2023
    9.6 EVALUATION QUADRANT MATRIX FOR KEY PLAYERS, 2023 
           FIGURE 29 EVALUATION QUADRANT MATRIX FOR KEY PLAYERS: CRITERIA WEIGHTAGE
           9.6.1 STARS
           9.6.2 EMERGING LEADERS
           9.6.3 PERVASIVE PLAYERS
           9.6.4 PARTICIPANTS
                    FIGURE 30 EVALUATION QUADRANT MATRIX FOR KEY PLAYERS, 2023
    9.7 EVALUATION QUADRANT MATRIX FOR STARTUPS/SMES, 2023 
           FIGURE 31 EVALUATION QUADRANT MATRIX FOR STARTUPS/SMES: CRITERIA WEIGHTAGE
           9.7.1 PROGRESSIVE COMPANIES
           9.7.2 RESPONSIVE COMPANIES
           9.7.3 DYNAMIC COMPANIES
           9.7.4 STARTING BLOCKS
                    FIGURE 32 EVALUATION QUADRANT MATRIX FOR STARTUPS/SMES, 2023
    9.8 COMPETITIVE BENCHMARKING 
           TABLE 208 PRODUCT FOOTPRINT WEIGHTAGE
           TABLE 209 LIST OF STARTUPS/SMES
           TABLE 210 COMPETITIVE BENCHMARKING FOR STARTUPS/SMES (BY OFFERING, KEY VERTICALS, AND REGION)
           TABLE 211 COMPETITIVE BENCHMARKING FOR KEY PLAYERS (BY OFFERING, KEY VERTICALS,  AND REGION)
    9.9 COMPETITIVE SCENARIO 
           9.9.1 PRODUCT LAUNCHES
                    TABLE 212 PRODUCT LAUNCHES, 2020–2022
           9.9.2 DEALS
                    TABLE 213 DEALS, 2020–2022
 
10 COMPANY PROFILES (Page No. - 175)
     10.1 KEY PLAYERS 
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats)*
             10.1.1 IBM
                       TABLE 214 IBM: BUSINESS OVERVIEW
                       FIGURE 33 IBM: COMPANY SNAPSHOT
                       TABLE 215 IBM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 216 IBM: PRODUCT LAUNCHES
                       TABLE 217 IBM: DEALS
             10.1.2 GOOGLE
                       TABLE 218 GOOGLE: BUSINESS OVERVIEW
                       FIGURE 34 GOOGLE: COMPANY SNAPSHOT
                       TABLE 219 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 220 GOOGLE: PRODUCT LAUNCHES
                       TABLE 221 GOOGLE: DEALS
             10.1.3 AMAZON WEB SERVICES
                       TABLE 222 AMAZON WEB SERVICES: BUSINESS OVERVIEW
                       FIGURE 35 AMAZON WEB SERVICES: COMPANY SNAPSHOT
                       TABLE 223 AMAZON WEB SERVICES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 224 AMAZON WEB SERVICES: PRODUCT LAUNCHES
                       TABLE 225 AMAZON WEB SERVICES: DEALS
             10.1.4 MICROSOFT
                       TABLE 226 MICROSOFT: BUSINESS OVERVIEW
                       FIGURE 36 MICROSOFT: COMPANY SNAPSHOT
                       TABLE 227 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 228 MICROSOFT: PRODUCT LAUNCHES
                       TABLE 229 MICROSOFT: DEALS
             10.1.5 ORACLE
                       TABLE 230 ORACLE: BUSINESS OVERVIEW
                       FIGURE 37 ORACLE: COMPANY SNAPSHOT
                       TABLE 231 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 232 ORACLE: DEALS
             10.1.6 CISCO
                       TABLE 233 CISCO: BUSINESS OVERVIEW
                       FIGURE 38 CISCO: COMPANY SNAPSHOT
                       TABLE 234 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 235 CISCO: PRODUCT LAUNCHES
                       TABLE 236 CISCO: DEALS
             10.1.7 HITACHI
                       TABLE 237 HITACHI: BUSINESS OVERVIEW
                       FIGURE 39 HITACHI: COMPANY SNAPSHOT
                       TABLE 238 HITACHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 239 HITACHI: PRODUCT LAUNCHES
                       TABLE 240 HITACHI: DEALS
                       TABLE 241 HITACHI: OTHERS
             10.1.8 INTEL
                       TABLE 242 INTEL: BUSINESS OVERVIEW
                       FIGURE 40 INTEL: COMPANY SNAPSHOT
                       TABLE 243 INTEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 244 INTEL: PRODUCT LAUNCHES
                       TABLE 245 INTEL: DEALS
             10.1.9 HPE
                       TABLE 246 HPE: BUSINESS OVERVIEW
                       FIGURE 41 HPE: COMPANY SNAPSHOT
                       TABLE 247 HPE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 248 HPE: PRODUCT LAUNCHES
                       TABLE 249 HPE: DEALS
             10.1.10 TENCENT CLOUD
                       TABLE 250 TENCENT CLOUD: BUSINESS OVERVIEW
                       TABLE 251 TENCENT CLOUD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     10.2 OTHER PLAYERS 
             10.2.1 SHARP GLOBAL
             10.2.2 SAP
             10.2.3 NXP
             10.2.4 AXIOMTEK
             10.2.5 SAS INSTITUTE INC.
     10.3 STARTUPS/SMES 
             10.3.1 AUTOPLANT SYSTEM INDIA PVT. LTD.
             10.3.2 WILIOT
             10.3.3 COGNOSOS
             10.3.4 RELAYR
             10.3.5 TERMINUS GROUP
             10.3.6 SEMIFIVE
             10.3.7 UPTAKE TECHNOLOGIES INC.
             10.3.8 FALKONRY
             10.3.9 SIGHT MACHINE
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
 
11 ADJACENT MARKETS (Page No. - 224)
     11.1 INTRODUCTION 
             11.1.1 LIMITATIONS
     11.2 INDUSTRIAL IOT MARKET 
             11.2.1 MARKET DEFINITION
             11.2.2 MARKET OVERVIEW
                       11.2.2.1 Industrial IoT market, by device and technology
                                   TABLE 252 INDUSTRIAL IOT MARKET, BY DEVICE AND TECHNOLOGY, 2017–2020 (USD BILLION)
                                   TABLE 253 INDUSTRIAL IOT MARKET, BY DEVICE AND TECHNOLOGY, 2021–2026 (USD BILLION)
                       11.2.2.2 Industrial IoT market, by connectivity technology
                                   TABLE 254 INDUSTRIAL IOT MARKET, BY CONNECTIVITY TECHNOLOGY, 2017–2020 (USD BILLION)
                                   TABLE 255 INDUSTRIAL IOT MARKET, BY CONNECTIVITY TECHNOLOGY, 2021–2026 (USD BILLION)
                       11.2.2.3 Industrial IoT market, by software
                                   TABLE 256 INDUSTRIAL IOT MARKET, BY SOFTWARE, 2017–2020 (USD BILLION)
                                   TABLE 257 INDUSTRIAL IOT MARKET, BY SOFTWARE, 2021–2026 (USD BILLION)
                       11.2.2.4 Industrial IoT market, by vertical
                                   TABLE 258 INDUSTRIAL IOT MARKET, BY VERTICAL, 2017–2020 (USD BILLION)
                                   TABLE 259 INDUSTRIAL IOT MARKET, BY VERTICAL, 2021–2026 (USD BILLION)
                       11.2.2.5 Industrial IoT market, by region
                                   TABLE 260 INDUSTRIAL IOT MARKET, BY REGION, 2017–2020 (USD BILLION)
                                   TABLE 261 INDUSTRIAL IOT MARKET, BY REGION, 2021–2026 (USD BILLION)
     11.3 IOT SOLUTIONS AND SERVICES MARKET 
             11.3.1 MARKET DEFINITION
             11.3.2 MARKET OVERVIEW
                       11.3.2.1 IoT solutions and services market, by component
                                   TABLE 262 IOT SOLUTIONS AND SERVICES MARKET, BY COMPONENT, 2016–2021 (USD BILLION)
                                   TABLE 263 IOT SOLUTIONS AND SERVICES MARKET, BY COMPONENT, 2022–2027 (USD BILLION)
                       11.3.2.2 IoT solutions and services market, by deployment mode
                                   TABLE 264 IOT SOLUTIONS AND SERVICES MARKET, BY DEPLOYMENT MODE,  2016–2021 (USD BILLION)
                                   TABLE 265 IOT SOLUTIONS AND SERVICES MARKET, BY DEPLOYMENT MODE,  2022–2027 (USD BILLION)
                       11.3.2.3 IoT solutions and services market, by organization size
                                   TABLE 266 IOT SOLUTIONS AND SERVICES MARKET, BY ORGANIZATION SIZE,  2016–2021 (USD BILLION)
                                   TABLE 267 IOT SOLUTIONS AND SERVICES MARKET, BY ORGANIZATION SIZE,  2022–2027 (USD BILLION)
                       11.3.2.4 IoT solutions and services market, by focus area
                                   TABLE 268 IOT SOLUTIONS AND SERVICES MARKET, BY FOCUS AREA, 2016–2021 (USD BILLION)
                                   TABLE 269 IOT SOLUTIONS AND SERVICES MARKET, BY FOCUS AREA, 2022–2027 (USD BILLION)
                       11.3.2.5 IoT solutions and services market, by region
                                   TABLE 270 IOT SOLUTIONS AND SERVICES MARKET, BY REGION, 2016–2021 (USD BILLION)
                                   TABLE 271 IOT SOLUTIONS AND SERVICES MARKET, BY REGION, 2022–2027 (USD BILLION)
     11.4 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET 
             11.4.1 MARKET DEFINITION
             11.4.2 MARKET OVERVIEW
                       11.4.2.1 Artificial intelligence platforms market, by component
                                   TABLE 272 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY COMPONENT,  2015–2022 (USD MILLION)
                                   TABLE 273 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY TOOL, 2015–2022 (USD MILLION)
                                   TABLE 274 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY SERVICE, 2015–2022 (USD MILLION)
                       11.4.2.2 Artificial intelligence platforms market, by deployment mode
                                   TABLE 275 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY DEPLOYMENT MODE,  2015–2022 (USD MILLION)
                       11.4.2.3 Artificial intelligence platforms market, by application
                                   TABLE 276 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY APPLICATION,  2015–2022 (USD MILLION)
                       11.4.2.4 Artificial intelligence platforms market, by end user
                                   TABLE 277 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY END-USER,  2015–2022 (USD MILLION)
                       11.4.2.5 Artificial intelligence platforms market, by region
                                   TABLE 278 ARTIFICIAL INTELLIGENCE PLATFORMS MARKET, BY REGION, 2015–2022 (USD MILLION)
 
12 APPENDIX (Page No. - 238)
     12.1 DISCUSSION GUIDE 
     12.2 KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL 
     12.3 CUSTOMIZATION OPTIONS 
     12.4 RELATED REPORTS 
     12.5 AUTHOR DETAILS 

This research study involved the use of extensive secondary sources, directories, and databases, such as D&B Hoovers and Bloomberg BusinessWeek, to identify and collect information useful for this technical, market-oriented, and commercial study of the global AIoT platforms market. The primary sources were mainly several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, Service Providers (SPs), technology developers, alliances, and organizations related to all the segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents that included key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants to obtain and verify critical qualitative and quantitative information as well as assess prospects.

Secondary Research

In the secondary research process, various secondary sources were referred to for identifying and collecting information for the study. These included annual reports, press releases, and investor presentations of companies, and white papers, certified publications, and articles from recognized associations and government publishing sources. Several journals and various associations were also referred. Secondary research was mainly used to obtain key information about industry insights, the market’s monetary chain, the overall pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information for the report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the AIoT platforms market. The primary sources from the demand side included network administrators/consultants/specialists, Chief Information Officers (CIOs), and subject-matter experts from enterprises and government associations.

The breakup of Primary Research :

AIoT Platforms Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Multiple approaches were adopted for the estimation and forecasting of the AIoT platforms market. The first approach involves estimating the market size by summating companies’ revenue generated through AIoT platforms solutions and services. In this approach for market estimation, we identified the key companies offering AIoT platforms solutions and services by offerings: solutions and services.

Both top-down and bottom-up approaches were used to estimate and validate the total size of the AIoT platforms market. These methods were extensively used to estimate the size of various segments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

AIoT platforms Market Size: Botton Up Approach

AIoT Platforms Market Size, and Share

AIoT platforms Market Size: Top Down Approach

AIoT Platforms Market Size, and Share

Data Triangulation

After arriving at the overall market size, the overall AIoT platforms market was divided into several segments and subsegments. The data triangulation procedures were used to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with data triangulation and market breakdown, the market size was validated by the top-down and bottom-up approaches.

Market Definition

An AIoT platform is a fusion of Artificial Intelligence (AI) technologies and the Internet of Things (IoT) infrastructure. Its purpose is to optimize IoT operations, enhance interactions between humans and machines, and elevate data management and analytics for improved efficiency.

AI is crucial for extracting meaningful insights from the massive amount of data collected by IoT devices. An AIoT platform plays a pivotal role in reducing the data that needs to be transmitted to the cloud and enabling real-time decision-making. By integrating AI and IoT, an AIoT platform enhances the effectiveness and efficiency of both systems, allowing them to work synergistically.

Key Stakeholders

  • Senior Management
  • Finance/Procurement Department
  • R&D Department
  • IT Department

Report Objectives

  • To determine and forecast the global AIoT platforms market by offering (solutions and services), vertical, and region from 2023 to 2028, and analyze the various macroeconomic and microeconomic factors that affect the market growth.
  • To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA).
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall market.
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the AIoT platforms market.
  • To profile the key market players; provide a comparative analysis on the basis of business overviews, regional presence, product offerings, business strategies, and key financials; and illustrate the competitive landscape of the market.
  • To track and analyze competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities, in the market.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the Asia Pacific market into countries contributing 75% to the regional market size
  • Further breakup of the North American market into countries contributing 75% to the regional market size
  • Further breakup of the Latin American market into countries contributing 75% to the regional market size
  • Further breakup of the MEA market into countries contributing 75% to the regional market size
  • Further breakup of the European market into countries contributing 75% to the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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