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AIoT Market Share

Report ID: GMI5717
Published Date: May 2023
Report Format: PDF

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AIoT Market Share

Some of the major market players operating in the AIoT market are :

Amazon Web Services, Inc
Alibaba Group Holding Limited, Baidu Inc
Brighterion, Inc
Canvass Analytics
Cisco Systems, Inc
Fujitsu Ltd
General Vision Inc
Google LLC
Intel Corporation
IBM
Microsoft Corporation
Nvidia
Oracle Corporation
Tencent Holdings Limited

These companies focus on strategic partnerships and new product launches & commercialization for market expansion. Furthermore, these players are heavily investing in research, allowing them to introduce innovative products and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of AIoT was valued at USD 9 billion in 2022 and is set to grow at over 20% CAGR between 2023 and 2032.

The software segment held a major market value of over USD 5 billion in 2022, due to the need for improved risk management capacity, optimization, decreased downtime, intelligent real-time monitoring of processes, and enhanced data management & analysis.

The market is experiencing strong growth in the United States owing to rise in the adoption of IoT devices and sensors to gather data and improve operational efficiency across industries.

Amazon Web Services, Inc, Alibaba Group Holding Limited, Baidu Inc., Brighterion, Inc, Canvass Analytics, Cisco Systems, Inc., Fujitsu Ltd, General Vision Inc., Google LLC, Intel Corporation, IBM, Microsoft Corporation, and Tencent Holdings Limited among others.