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Asia Pacific AIoT Platforms Market Size, Share & Industry Trends Analysis Report By Component, By Vertical (BFSI, Manufacturing, Retail, Healthcare, Energy & Utilities, Transportation & Logistics), By Country and Growth Forecast, 2023-2029

  • PDF Icon

    Report

  • 124 Pages
  • April 2023
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5806427
The Asia Pacific AIoT Platforms Market should 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.

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

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.)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

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 Analyst's 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

Companies Mentioned

  • 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.)

Methodology

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