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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the artificial intelligence-as-a-service (AIaaS) market and it is poised to grow by USD 15.14 billion during 2020-2024, progressing at a CAGR of over 48% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Artificial Intelligence-as-a-Service (AIaaS) Market Download free sample report

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Alphabet Inc., Amazon.com Inc., Apple Inc., Intel Corp., International Business Machines Corp., Microsoft Corp., Oracle Corp., Salesforce.com Inc., SAP SE, and SAS Institute Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Growing adoption of cloud based solutions has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/artificial-intelligence-as-a-service-market-industry-analysis

Artificial Intelligence-as-a-Service (AIaaS) Market 2020-2024: Segmentation

Artificial Intelligence-as-a-Service (AIaaS) Market is segmented as below:

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Artificial Intelligence-as-a-Service (AIaaS) Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The artificial intelligence-as-a-service (AIaaS) market report covers the following areas:

This study identifies the increasing adoption of AI in predictive analysis as one of the prime reasons driving the artificial intelligence-as-a-service (AIaaS) market growth during the next few years.

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Artificial Intelligence-as-a-Service (AIaaS) Market 2020-2024: Key Highlights

Table of Contents:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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COVID-19 Impact and Recovery Analysis- Artificial Intelligence-as-a-Service (AIaaS) Market 2020-2024 | Growing Adoption of Cloud Based Solutions to...

Pune, June 15, 2020 (GLOBE NEWSWIRE) -- The global IoT market size is projected to reach USD 1,102.6 billion by 2026, exhibiting a CAGR of 24.7% during the forecast period. The outbreak of the COVID-19 pandemic is expected to create ample innovation opportunities in the market, finds Fortune Business Insights in its report, titled Internet of Things (IoT) Market Size, Share and Industry Analysis By Platform (Device Management, Application Management, Network Management), By Software & Services (Software Solution, Services), By End-Use Industry (BFSI, Retail, Governments, Healthcare, Others) And Regional Forecast, 2019 2026.

IoT is swiftly emerging as viable option solution of tracking, monitoring, and ultimately preventing the spread of the coronavirus infection around the world. Many companies are bringing out innovative products to aid frontline healthcare workers to effectively fight the contagion. For example, the Shanghai Public Health Clinical Center is utilizing connected thermometers developed by the Californian health startup, VivaLNKs, to monitor temperatures of COVID-19 patients and protect workers from getting infected. Canada-based Visionstate designed its IoT buttons product for hospitals in Vancouver, to be used for sending alerts to officials regarding maintenance and sanitation issues. These novelty solutions powered by IoT are bolstering response of healthcare systems in many countries to the COVID-19 pandemic, benefiting the Internet of Things market growth in the process.

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The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/internet-of-things-iot-market-100307

As per the report findings, the market value was at USD 190.0 billion in 2018. The other highlights of the report include:

Market Driver

Increasing Applicability of IoT in Agriculture to Augment Market Growth

Adoption of smart farming methods is opening a new avenue of growth for Internet of Things. The Food and Agriculture (FAO) opines that application of IoT in agriculture could prove instrumental in meeting the escalating food demand worldwide by making farming activities more efficient. The lucrative opportunities generated by this sector have prompted many start-ups to explore and advance the integration of IoT in agricultural productivity. Some of them are:

Regional Insights

Evolving Connectivity Infrastructure in Asia Pacific to Ensure Its Leading Position

Among regions, Asia Pacific is set to command the Internet of Things market share during the forecast period on account of rapid improvement in internet connectivity and growing usage of smartphones. China, which accounts for 64% of the global cellular connections, is likely to present plenty of attractive opportunities for market players. In 2018, the regions market size was at USD 74.5 billion.

Europe and North America are anticipated to showcase steady growth in the coming years owing to massive investments in 5G technology and active adoption of Internet of Things for manufacturing activities. Moreover, the two continents are home to some of the biggest technological companies in the world that are aggressively innovating in AI and IoT applications.

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Competitive Landscape

Collaborative Innovation by Market Leaders to Stir Competitive Spirits

The competitive landscape of the IoT market is dominated by the presence and operations of tech behemoths such as Microsoft and Oracle. These companies are making speedy advancements in the Internet of Things and other AI-based technologies through innovation-centric collaborations with smaller players and new entrants.

Industry Developments:

List of Key Players Profiled in the Internet of Things Market Report:

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Detailed Table of Content

TOC Continued..!!!

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Have a Look at Related Research Insights:

Small Cell 5G Network Market Size, Share & Industry Analysis, By Application (Residential & SOHO, Enterprises and Others), By Communication Infrastructure (Femtocell, Metrocell, Picocell and Microcell), and Regional Forecast, 2019-2026

5G Infrastructure Market Size, Share and Industry Analysis By Component (Fibers, Cables, Antenna, Transceiver, Wireless Backhaul, Modem, Router), By Communication Infrastructure (Small Cell, Macro Cell, Radio Access Network (RAN), Distributed Antenna System (DAS)), and Regional Forecast 2019-2026

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IOT in Aerospace & Defence Market Size, Share and Global Trend By Components (Software Platforms & Service), By End User (Space Systems, Ground Vehicles, and others) and Geography Forecast till 2026

IOT in Aviation Market Size, Share & Industry Analysis, By Component (Communication Service, Data Centre Systems, IT Services & Software), By Application (Ground Operations, Asset Management, Passenger Experience, Air Traffic Management), By End User (Airline, Airport, MROs, Manufacturers) Others and Regional Forecast, 2019-2026

IIOT (Industrial Internet of Things) Technology Market Size, Share and Global By Deployment Type (Hardware & Software), By Industry Vertical (Manufacturing, Oil &Gas, Metal & Mining), By Applications (Distribution Management System, Visualization Software, Transit Management System, and others) and Geography Forecast till 2026

5G IOT Market Size, Share & Industry Analysis, By Technology (5G New Radio Standalone Architecture, 5G New Radio Non-Standalone Architecture), By Type (Short-Range IOT devices, Wide-Range IOT devices), By Industry (Manufacturing, Government, Energy and Utilities, Transportation and Logistics, Aviation, Others (Mining)) and Regional Forecast, 2019-2026

About Us:

Fortune Business Insightsoffers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:Fortune Business Insights Pvt. Ltd.308, Supreme Headquarters,Survey No. 36, Baner,Pune-Bangalore Highway,Pune- 411045, Maharashtra,India.Phone:US: +1-424-253-0390UK: +44-2071-939123APAC: +91-744-740-1245Email:sales@fortunebusinessinsights.comFortune Business InsightsLinkedIn|Twitter|Blogs

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Internet of Things (IoT) Market to Hit $1,102.6 Billion by 2026; Advancements in Artificial Intelligence-based Technologies to Feed Market Growth:...

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Instruction

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3000 Bar using artificial intelligence technology to check temperatures of patrons - WSMV Nashville

Year after year, motorcycling has changed and continues to change, going hand in hand with technological progress, and as expected yet another step forward is just around the corner. Its strange to talk about technology and think of the bikes raced by legends like Angel Nieto or Eddie Lawson, but everything evolves and the world of two wheels is no exception.

Ducati has been talking about the next step in technological terms, in a telematic meeting organized together with its partner Lenovo and open to the press: the fact that manufacturers try to improve the performance of the bike by digging into every scientific-technical area is well-known, but the next move will be none other than artificial intelligence.

The concept was explained by Gabriele Conti, head of Ducatis electronic systems department. "It is no longer just about collecting data, but also about analysing it in depth, and the next step will involve the use of Artificial Intelligence. I think it's the future, because we need something that thinks faster than humans, which artificial intelligence can do. Among other things, we are already using a machine to learn. "

Conti continued in his analysis, accompanying us on a little walk into the future

We already use some parameters calculated with a machine, which is able to manage an incredible amount of data, something that we just cannot do. It performs correct calculations and manages to obtain parameters in real time. The next step, and we are already working on it, will help track and factory engineers to develop the new bike ".

But what does a rider think of all this? The answer was provided by Danilo Petrucci, who confirmed that the riders are now focussing on the study of data.

Unfortunately, we have to spend more time looking at the data than riding a motorbike: it is a way to understand how to ride better, 80% of the bike's configuration is based on data. In this sense, for every Grand Prix I receive from my chief engineer a seven-page email with the data: this has been the case since 2015, I 've still saved them all. " Ladies and gentlemen, welcome to the future.

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MotoGP, Ducati in the future: artificial intelligence to go faster - GPone English

The promise of clean, green nuclear fusion has been touted for decades, but the rise of AI means the challenges could finally be overcome

By Abigail Beall

THE big joke about sustainable nuclear fusion is that it has always been 30 years away. Like any joke, it contains a kernel of truth. The dream of harnessing the reaction that powers the sun was big news in the 1950s, just around the corner in the 1980s, and the hottest bet of the past decade.

But time is running out. Our demand for energy is burning up the planet, depleting its resources and risking damaging Earth beyond repair. Wind, solar and tidal energy provide some relief, but they are limited and unpredictable. Nuclear fission comes with the dangers of reactor meltdowns and radioactive waste, while hydropower can be ecologically disruptive. Fusion, on the other hand, could provide almost limitless energy without releasing carbon dioxide or producing radioactive waste. It is the dream power source. The perennial question is: can we make it a reality?

Perhaps now, finally, we can. That isnt just because of the myriad fusion start-ups increasingly sensing a lucrative market opportunity just around the corner and challenging the primacy of the traditional big-beast projects. Or just because of innovative approaches, materials and technologies that are fuelling an optimism that we can at last master fusions fiendish complexities. It is also because of the entrance of a new player, one that could change the rules of the game: artificial intelligence. In the right hands, it might make the next 30 years fly by.

Nuclear fusion is the most widespread source of energy in the universe, and one of the most efficient: just a few grams of fuel release the same energy as

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Why cracking nuclear fusion will depend on artificial intelligence - New Scientist