About Intelligent IoT
The Internet of Things (IoT) connects the networking of various platform systems to offer a wide variety of applications for human convenience. The Internet of Things service has limitless potential because the information extracted from big data can be extended to a wide range of service fields such as smart houses, smart cities, and transportation. Aside from automated home appliances and services, intelligent computers and sensors are emerging as add-ons to smart phones and tablets. And some of these instruments are capable of acting on the outside world. Most providers are less focused on intelligence, which is a key feature of IoT, which has fueled demand for Intelligent IoT common service platforms.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Intelligent IoT market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Aeris Communications Inc. (United States), Amazon Web Services Inc. (United States), IBM Corporation (United States), Microsoft Corporation (United States), General Electric Company (United States), Fujitsu Ltd. (Japan), Qualcomm (United States), Oracle Corporation (United States), AT&T Inc. (United States) and SAP SE (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Accenture plc (Ireland), Wipro Ltd (India), TechX Technologies (Canada), Altos SE (United States), SAS Institute Inc. (United States) and MuleSoft, LLC (United States).
Segmentation Overview
AMA Research has segmented the market of Global Intelligent IoT market by , Application (Data Integration, Data Migration, Data Analytics, Data Storage and Data Security) and Region.
On the basis of geography, the market of Intelligent IoT has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud will boost the Intelligent IoT market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry, the sub-segment i.e. Banking, Financial Services and Insurance (BFSI) will boost the Intelligent IoT market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise, the sub-segment i.e. Large Enterprise will boost the Intelligent IoT market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Intelligent IoT market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emergence of Integrated Chipsets and Unified Metadata Services
Market Growth Drivers:
Growing Demand for Data Security and Data Traffic Management, Energy and Cost-Efficient Properties and Rising Adoption of Connected Devices and Technology Proliferation
Challenges:
Installation in Remote Regions, Maintenance Costs and Fierce Competitive Pressure
Restraints:
Slow Rate of Data Transmission, Lack of Skilled Professionals and Complementary Technologies
Opportunities:
Rising Number of Smart Cities Across Nations, Demand for Secure IoT Infrastructure and Low Penetration in Emerging Regions Particularly West Asia
Market Leaders and their expansionary development strategies
On 3rd March, 2020 - Cisco and Microsoft Announce Strategic Partnership to Enable Seamless Data Orchestration from Cisco IoT Edge to Azure IoT Cloud. With an Out-Of-The-Box Integration into Microsoft's Azure IoT Hub, Cisco Edge Intelligence Removes the Difficulty of Managing Data Extraction from IoT Edge Devices. and On 14th January, 2021 - LiteLink Technologies Completed its Acquisition of 3030 IoT, 3030 IoT will Complement the Company's Shift Insights AI Platform, Providing Waste Management Companies with Ruggedized Bin Sensors and Unrivalled Container Visibility.
On MeitY Launches Centre of Excellence in Intelligent Internet of Things Sensors, the new launch is to catalyze the development of sensors within the realm of Intelligent IoT systems covering a broad spectrum of applications of intelligent sensors in networks, devices and sensor systems.
Key Target Audience
Intelligent IoT Service Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.