The Asia Pacific AIoT Platforms Market would witness market growth of 36.5% CAGR during the forecast period (2023-2029).
Increasing IoT device adoption solutions that may assist organizations in making sense of the vast volumes of data generated by these devices are becoming increasingly necessary as IoT devices become more widely used across industries. By utilizing AI algorithms to evaluate data and derive insights, AIoT solutions offer a complete answer to this issue. In addition, predictive maintenance is becoming more popular. Businesses aiming to optimize their operations and cut expenses are becoming increasingly dependent on predictive maintenance.
Businesses can use AIoT systems to analyze data from IoT devices to forecast when maintenance is necessary. This enables them to proactively fix issues before they become serious ones. Machine learning (ML) tasks are difficult, and as the demand for ML applications has increased, so needs ready-made ML techniques that don't require much technical knowledge. This results in the gradual automation of ML, also known as Automated Machine Learning (AutoML), now a common service.
The hardware options for industrial AIoT have improved due to the rapid advancements in embedded hardware AI chips. The key drivers of the market's expansion are the need to effectively analyze enormous amounts of real-time data produced by IoT devices, the rising need for performance management appliances, and the requirement to lower downtime and maintenance expenses.
The medical device industry in the Asia Pacific region is well established and includes everything from glucose monitors for mass consumption to top-of-the-line diagnostic imaging equipment. Among wearable technology, there is a high demand for devices such as heart rate monitors and fitness trackers. Additionally, the Asia-Pacific region has seen a sharp growth in investment in wearable technology over the years. By providing its population with access to digital technologies, the Indian government is also reshaping its policies to reshape the country. As more people invest in wearable skin adhesives to monitor their health due to the government enabling them to go digital, the market for these products will develop.
The China market dominated the Asia Pacific AIoT Platforms Market by Country 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $2,460.1 million by 2029. The Japan market is estimated to grow a CAGR of 35.6% during (2023 - 2029). Additionally, The India market would display a CAGR of 37.3% during (2023 - 2029).
Based on Component, the market is segmented into Solution (Device Management, Connectivity Management, and Application Management) and Services. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Energy & Utilities, Transportation & Logistics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide AIoT Platforms Market is Projected to reach USD 31.4 Billion by 2029, at a CAGR of 35.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Intel Corporation, Oracle Corporation, Hewlett-Packard enterprise Company, Cisco Systems, Inc., Google LLC (Alphabet Inc.), Amazon Web Services, Inc. (Amazon.com, Inc.), NXP Semiconductors N.V. and Sharp Corporation (Hon Hai Precision Industry Co., Ltd.).
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution
- Device Management
- Connectivity Management
- Application Management
- Services
By Vertical
- BFSI
- Manufacturing
- Retail
- Healthcare
- Energy & Utilities
- Transportation & Logistics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Intel Corporation
- Oracle Corporation
- Hewlett-Packard enterprise Company
- Cisco Systems, Inc.
- Google LLC (Alphabet Inc.)
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NXP Semiconductors N.V.
- Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific AIoT Platforms Market, by Component
1.4.2 Asia Pacific AIoT Platforms Market, by Vertical
1.4.3 Asia Pacific AIoT Platforms Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2020, Jun – 2023, Mar) Leading Players
Chapter 4. Asia Pacific AIoT Platforms Market by Component
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific AIoT Platforms Market by Solution Type
4.2.1 Asia Pacific Device Management Market by Country
4.2.2 Asia Pacific Connectivity Management Market by Country
4.2.3 Asia Pacific Application Management Market by Country
4.3 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific AIoT Platforms Market by Vertical
5.1 Asia Pacific BFSI Market by Country
5.2 Asia Pacific Manufacturing Market by Country
5.3 Asia Pacific Retail Market by Country
5.4 Asia Pacific Healthcare Market by Country
5.5 Asia Pacific Energy & Utilities Market by Country
5.6 Asia Pacific Transportation & Logistics Market by Country
5.7 Asia Pacific Other Vertical Market by Country
Chapter 6. Asia Pacific AIoT Platforms Market by Country
6.1 China AIoT Platforms Market
6.1.1 China AIoT Platforms Market by Component
6.1.1.1 China AIoT Platforms Market by Solution Type
6.1.2 China AIoT Platforms Market by Vertical
6.2 Japan AIoT Platforms Market
6.2.1 Japan AIoT Platforms Market by Component
6.2.1.1 Japan AIoT Platforms Market by Solution Type
6.2.2 Japan AIoT Platforms Market by Vertical
6.3 India AIoT Platforms Market
6.3.1 India AIoT Platforms Market by Component
6.3.1.1 India AIoT Platforms Market by Solution Type
6.3.2 India AIoT Platforms Market by Vertical
6.4 South Korea AIoT Platforms Market
6.4.1 South Korea AIoT Platforms Market by Component
6.4.1.1 South Korea AIoT Platforms Market by Solution Type
6.4.2 South Korea AIoT Platforms Market by Vertical
6.5 Singapore AIoT Platforms Market
6.5.1 Singapore AIoT Platforms Market by Component
6.5.1.1 Singapore AIoT Platforms Market by Solution Type
6.5.2 Singapore AIoT Platforms Market by Vertical
6.6 Malaysia AIoT Platforms Market
6.6.1 Malaysia AIoT Platforms Market by Component
6.6.1.1 Malaysia AIoT Platforms Market by Solution Type
6.6.2 Malaysia AIoT Platforms Market by Vertical
6.7 Rest of Asia Pacific AIoT Platforms Market
6.7.1 Rest of Asia Pacific AIoT Platforms Market by Component
6.7.1.1 Rest of Asia Pacific AIoT Platforms Market by Solution Type
6.7.2 Rest of Asia Pacific AIoT Platforms Market by Vertical
Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 Microsoft Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Product Launches and Product Expansions:
7.2.5.3 Acquisition and Mergers:
7.2.6 SWOT Analysis
7.3 Intel Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.3.5.2 Product Launches and Product Expansions:
7.3.6 SWOT Analysis
7.4 Oracle Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Hewlett Packard Enterprise Company
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 Cisco Systems, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Google LLC (Alphabet Inc.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.6 SWOT Analysis
7.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental Analysis
7.8.4 Recent strategies and developments:
7.8.4.1 Partnerships, Collaborations, and Agreements:
7.8.5 SWOT Analysis
7.9 NXP Semiconductors N.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.9.5 SWOT Analysis
7.10. Sharp Corporation (Hon Hai Precision Industry Co., Ltd.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental & Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis
TABLE 1 Asia Pacific AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– AIoT Platforms Market
TABLE 4 Product Launches And Product Expansions– AIoT Platforms Market
TABLE 5 Acquisition and Mergers– AIoT Platforms Market
TABLE 6 Asia Pacific AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 7 Asia Pacific AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 8 Asia Pacific Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 Asia Pacific AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 11 Asia Pacific AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 12 Asia Pacific Device Management Market by Country, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Device Management Market by Country, 2023 - 2029, USD Million
TABLE 14 Asia Pacific Connectivity Management Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Connectivity Management Market by Country, 2023 - 2029, USD Million
TABLE 16 Asia Pacific Application Management Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Application Management Market by Country, 2023 - 2029, USD Million
TABLE 18 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Services Market by Country, 2023 - 2029, USD Million
TABLE 20 Asia Pacific AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 21 Asia Pacific AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 22 Asia Pacific BFSI Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific BFSI Market by Country, 2023 - 2029, USD Million
TABLE 24 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 26 Asia Pacific Retail Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Retail Market by Country, 2023 - 2029, USD Million
TABLE 28 Asia Pacific Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Healthcare Market by Country, 2023 - 2029, USD Million
TABLE 30 Asia Pacific Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 32 Asia Pacific Transportation & Logistics Market by Country, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Transportation & Logistics Market by Country, 2023 - 2029, USD Million
TABLE 34 Asia Pacific Other Vertical Market by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Other Vertical Market by Country, 2023 - 2029, USD Million
TABLE 36 Asia Pacific AIoT Platforms Market by Country, 2019 - 2022, USD Million
TABLE 37 Asia Pacific AIoT Platforms Market by Country, 2023 - 2029, USD Million
TABLE 38 China AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 39 China AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 40 China AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 41 China AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 42 China AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 43 China AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 44 China AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 45 China AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 46 Japan AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 47 Japan AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 48 Japan AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 49 Japan AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 50 Japan AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 51 Japan AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 52 Japan AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 53 Japan AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 54 India AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 55 India AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 56 India AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 57 India AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 58 India AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 59 India AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 60 India AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 61 India AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 62 South Korea AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 63 South Korea AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 64 South Korea AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 65 South Korea AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 66 South Korea AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 67 South Korea AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 68 South Korea AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 69 South Korea AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 70 Singapore AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 71 Singapore AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 72 Singapore AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 73 Singapore AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 74 Singapore AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 75 Singapore AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 76 Singapore AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 77 Singapore AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 78 Malaysia AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 79 Malaysia AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 80 Malaysia AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 81 Malaysia AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 82 Malaysia AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 83 Malaysia AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 84 Malaysia AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 85 Malaysia AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 86 Rest of Asia Pacific AIoT Platforms Market, 2019 - 2022, USD Million
TABLE 87 Rest of Asia Pacific AIoT Platforms Market, 2023 - 2029, USD Million
TABLE 88 Rest of Asia Pacific AIoT Platforms Market by Component, 2019 - 2022, USD Million
TABLE 89 Rest of Asia Pacific AIoT Platforms Market by Component, 2023 - 2029, USD Million
TABLE 90 Rest of Asia Pacific AIoT Platforms Market by Solution Type, 2019 - 2022, USD Million
TABLE 91 Rest of Asia Pacific AIoT Platforms Market by Solution Type, 2023 - 2029, USD Million
TABLE 92 Rest of Asia Pacific AIoT Platforms Market by Vertical, 2019 - 2022, USD Million
TABLE 93 Rest of Asia Pacific AIoT Platforms Market by Vertical, 2023 - 2029, USD Million
TABLE 94 Key information – IBM Corporation
TABLE 95 key information – Microsoft Corporation
TABLE 96 Key Information – Intel Corporation
TABLE 97 Key Information – Oracle Corporation
TABLE 98 key information – Hewlett Packard Enterprise Company
TABLE 99 Key Information – Cisco Systems, Inc.
TABLE 100 Key Information – Google LLC
TABLE 101 Key Information – Amazon Web Services, Inc.
TABLE 102 Key Information – NXP Semiconductors N.V.
TABLE 103 Key Information – Sharp Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 5 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2020, Jun – 2023, Mar) Leading Players
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Recent strategies and developments: Intel Corporation
FIG 11 SWOT analysis: Intel corporation
FIG 12 SWOT analysis: Oracle Corporation
FIG 13 SWOT analysis: Hewlett-Packard enterprise Company
FIG 14 Recent strategies and developments: Cisco Systems, Inc.
FIG 15 SWOT Analysis: Cisco Systems, Inc.
FIG 16 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 17 SWOT analysis: Amazon.com, Inc.
FIG 18 Swot analysis: NXP semiconductors N.V.
FIG 19 SWOT Analysis: Sharp Corporation