Quick Review of Artificial Intelligence in IoT

Internet of things artificial intelligence is a combination of connecting the device to the internet and other connected devices and analyzing the big data and provide the required amount of data to the device, respectively. Due to the use of AI in IoT, data analyzing and analytics problems are being solved as it is done by AI in a better way. Moreover, the need to process vast volumes of real-time data generated by IoT appliance is expected to create new opportunities for Artificial Intelligence in IoT Market

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The requirement to efficiently process huge volumes of real-time data being generated from IoT devices and reduce maintenance cost and downtime are some of the major factors driving the growth of artificial intelligence in IoT Market. However, expensive cost and lack of knowledge among consumers are the major factors which may restrain the growth of artificial intelligence in IoT Market. Nevertheless, advancement in technologies is anticipated to create new opportunities for artificial intelligence in IoT Market.

Leading Key Players:

- Amazon Inc.
- Apple Inc.
- Cisco Systems Inc
- Google (Alphabet Inc.)
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- NVIDIA Corporation
- Oracle Corporation
- Salesforce