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Artificial Intelligence of Things (AIoT) Market: Edge Solutions and Embedded AI Set to Surpass USD 495.09 Billion by 2031 | SkyQuest Technology

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WESTFORD, Mass., July 10, 2024 /PRNewswire/ — According to SkyQuest, the global Artificial Intelligence of Things (AIoT) Market size was valued at USD 65.50 billion in 2022 and is poised to grow from USD 82.01 billion in 2023 to USD 495.09 billion by 2031, growing at a CAGR of 25.2% during the forecast period (2024-2031).

The increasing need for IoT with embedded AI technologies to enhance an organization’s dynamic course and acceptance of edge investigation arrangements is predicted to fuel market growth. AIoT features including information analysis, continuous navigation, large-scale data analysis, and intelligent model management are also expected to boost the market. It is projected that throughout the fictitious time frame, growing industry usage of devices connected with AI technology will open revenue prospects for arrangement suppliers. The potential growth of the market may be restricted when companies lack skilled staff members that will help in making the modern cycle more efficient and developing Artificial Intelligence of Things (AIoT) applications in it.

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Artificial Intelligence of Things (AIoT) Market Overview:

Report Coverage

Details

Market Revenue in 2023

$82.01 Billion

Estimated Value by 2031

$495.09 Billion

Growth Rate

Poised to grow at a CAGR of 25.2%

Forecast Period

2024–2031

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Technology, Offering, Application, and Industrial Vertical

Geographies Covered

North America, Europe, Asia Pacific, Middle East & Africa, Latin America

Report Highlights

Industrial automation & robotics in AIoT to boost up the service need and requirement

Key Market Opportunities

Convergence of AIoT with other emerging technologies

Key Market Drivers

AIoT enhancing operational efficiencies in healthcare sector

Segments covered in Artificial Intelligence Of Things (AIoT)  Market are as follows:

OfferingHardware, software, servicesTechnologyMachine learning, natural language processing (NLP), generative ai, robotics, computer vision, autonomous, sensor technologyApplicationReal-time machinery condition monitoring, supply chain management, predictive maintenance, inventory management, energy consumption management, othersIndustry VerticalBFSI, manufacturing, healthcare, automotive, retail, transportation & logistics, others

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https://www.skyquestt.com/speak-with-analyst/artificial-intelligence-of-things-market

Integrated AIoT Solutions for Real-Time Insights and Intelligent Decision-Making

The global AIoT market offers integrated solutions that combine AI technologies with IoT devices. Real-time data processing, AI-driven analytics and intelligent decision-making models designed for various industry applications are part of it. It is important to have them mainly due to increase efficiency, enabling predictive maintenance, as well as fostering creativity in several sectors that together facilitate growth in market share and a competitive edge.

In several industries, Software components are important in increasing the operational efficiency and permitting the use of innovative business plans. Services provided includes Real-time analytics, predictive insights as well as autonomous decision making. Software has a significant function in ensuring enhanced data processing, operational agility and actionable insights by ensuring that AI capabilities integrate well with IoT devices.

The services allow smooth integration of AI with IoT infrastructure so that it can be tailored to meet industry-specific requirements. With their knowledgeable guidance and ongoing support, they assist organizations in the optimization of AIoT implementations, operational efficiency improvement and stimulation of innovation. They play an important role in providing expert knowledge required in running AIoT based solutions, handling operationalization and integration problems.

View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/artificial-intelligence-of-things-market

AIoT’s Impact on Operational Efficiency and Predictive Maintenance in Manufacturing and Beyond

The market’s included sectors, which include manufacturing, healthcare, automotive, and agriculture, use AIoT to boost customer experiences through data-driven insights, predict maintenance, and increase operational efficiency. Adoption of AIoT technology creates use cases that support the viability and efficacy of AI-integrated IoT solutions across a range of industries, as well as drives technological improvements and market growth.

By combining AI with IoT devices for quality control, predictive maintenance, and real-time monitoring, AIoT improves operational efficiency in manufacturing. As one of the key industries embracing AIoT, manufacturing propels developments in supply chain management, industrial automation, and product quality control. Its use of AIoT technology raises productivity, speeds up digital transformation, and establishes standards for sustainability and efficiency across international businesses.

AIoT shows great promise to change healthcare delivery and improve patient experiences internationally. It increases hospital operating efficiencies, improves patient outcomes, and lowers healthcare expenditures. AI’s critical role in raising healthcare standards globally is highlighted by its integration with IoT devices in the healthcare industry, which not only increases efficiency but also stimulates innovation in precision medicine and medical research.

Elevating Industry Horizons by AIoT’s Strategic Impact on Operational Efficiency and Innovation

The convergence of AI and IoT, or AIoT, is a game-changer in several industries, including manufacturing, healthcare, agriculture, and the automotive sector. Through intelligent decision-making, predictive maintenance, and real-time data processing, this synergy improves operational efficiencies. By streamlining procedures and enhancing consumer experiences, AIoT not only spurs innovation and market expansion but also establishes new standards for productivity and sustainability across international industries. The ability of AIoT to transform healthcare services, optimise manufacturing processes, and invent agricultural techniques highlights its critical role in influencing the global future of interconnected technologies, even in the face of obstacles like a lack of skilled labour.

Related Report:

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Artificial Intelligence (AI) in Manufacturing Market

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About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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TVCMALL Leads Wholesale Innovation for Simplified Online Retail Business Success at CES 2025

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LAS VEGAS, Jan. 11, 2025 /PRNewswire/ — CES 2025, one of the largest tech events globally, concluded with over 4,000 exhibitors showcasing breakthroughs in AI, digital health, and mobility. TVCMALL, a leading one-stop B2B wholesaler, made its second consecutive appearance at the event, delivering comprehensive solutions and introducing a new brand, LEMONDA. With a focus on eco-friendly products and AI-driven accessories, TVCMALL is redefining the wholesale experience for global entrepreneurs.

Revolutionizing Wholesale with AI and Sustainability
TVCMALL is a one-stop platform offering over 1 million SKUs, including mobile accessories, smart tech, and consumer electronics. At CES 2025, the company presented a range of cutting-edge products, from biodegradable phone cases to AI-driven gadgets like Meta Quest 3 headbands, wireless chargers, power banks, and gaming accessories. As part of its innovative approach, TVCMALL launched LEMONDA, a lifestyle brand focused on sustainability. Featuring lightweight, corrosion-resistant resin smartwatch straps and eco-friendly packaging, LEMONDA aligns with the growing demand for green solutions in tech, further cementing TVCMALL’s commitment to a sustainable future.

Comprehensive Solutions for Retailers
TVCMALL simplifies sourcing with an extensive catalog and AI-powered ordering systems, allowing businesses to streamline purchasing and make data-driven decisions. With no minimum order quantity (MOQ) on most products and a flexible dropshipping service, TVCMALL supports businesses with customized solutions tailored to their needs. Whether through personalized packaging or exclusive designs, TVCMALL helps entrepreneurs enhance their brand visibility and stay competitive. The platform also integrates with Amazon and custom APIs for a seamless experience.

Commitment to Quality and Global Growth
TVCMALL is dedicated to helping entrepreneurs succeed in both established and emerging markets. By offering competitive prices, fast delivery, and in-depth market insights, TVCMALL empowers businesses to expand into regions like Europe, Southeast Asia, and Brazil. The company works with trusted partners like Dux Ducis, CaseMe, and Nillkin, ensuring the reliability and quality of its offerings. Additionally, TVCMALL provides value-added services like product photography, factory inspections, and certifications (CE, RoHS), assisting clients with smooth market entry.

“At TVCMALL, our vision is to build a more generous and thriving world,” said Leo Chen, Founder and Chairman of TVCMALL. “CES 2025 is not just an exhibition for us; it’s an opportunity to collaborate, innovate, and inspire a new era of retail and technology.”

For more information, please visit www.tvcmall.com or contact sales@tvcmall.com.

Photo – https://mma.prnewswire.com/media/2593486/TVCMALL_booth_layout_at_CES_2025.jpg

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The green power trading electricity volume in Turfan has surged significantly in 2024

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TURFAN, China, Jan. 11, 2025 /PRNewswire/ — On January 9, 2024, data released by Xinjiang Power Trading Centre Co., Ltd. indicated that the green power trading electricity volume in the Turfan region reached 0.97 billion kWh, representing a remarkable year-on-year increase of up to 14 times. This substantial growth underscores the region’s successful transition towards green energy.

State Grid Turfan Power Supply Company has taken proactive measures to expedite the development of the green power market. The company has facilitated the government’s introduction of a renewable energy consumption action plan, specifying new energy consumption ratios for key energy-consuming entities and establishing a market mechanism with a high proportion of new energy. These efforts have effectively promoted the “new energy participation in all trading varieties of the 24-hour curve” trading model and ensured continuous market opening on working days, thereby better accommodating the fluctuating characteristics of new energy output.

Furthermore, State Grid Turfan Power Supply Company established a green power certificate service station in Gaochang District, providing customers with convenient green power trading services and fostering a green consumption atmosphere throughout society. During the Autonomous Region Tourism Development Conference and the Turfan Grape Festival, the company achieved 100% green power supply and assisted three export-oriented enterprises in achieving low-carbon transformation, thereby enhancing the international influence of their brands.

Looking ahead, State Grid Turfan Power Supply Company will continue to implement measures to expand its “Power Supply + Energy Efficiency Bill” service, guiding society towards more efficient, economical, and environmentally friendly electricity usage, and contributing to the clean and low-carbon transformation of local energy resources.

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SOURCE State Grid Turfan Power Supply Company

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Equipboard Unveils Sleek Redesign to Enhance Music Gear Discovery for Musicians Worldwide

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Redesign Introduces Modern Features, Streamlined Navigation, and Richer Content to Inspire and Support Music Makers Globally

AUSTIN, Texas, Jan. 11, 2025 /PRNewswire-PRWeb/ — Equipboard, the leading online community for musicians and gear enthusiasts, announces the launch of its newly redesigned website. With a modern look, streamlined navigation, and powerful new features, the redesign sets a new standard for connecting artists, producers, and hobbyists with the tools they need to create music.

Since its inception in 2013, Equipboard has grown into the world’s largest database of music gear used by professionals and amateurs alike. The redesign reflects the platform’s commitment to fostering creativity, offering transparent information, and making gear discovery and purchasing easier and more enjoyable for its global user base.

What’s New?

Equipboard’s redesign is more than just a fresh coat of paint. It introduces a host of improvements aimed at elevating the way users explore, share, and connect over their favorite gear:

    Modernized Design: A sleek, responsive layout ensures a seamless experience across all devices, with improved readability and accessibility.    Enhanced Navigation: Faster, more intuitive browsing helps users discover gear, artists, and inspiration effortlessly. Whether searching for a guitarist’s pedalboard or a producer’s go-to synth, the information is now at their fingertips.    Richer Content: Equipboard now features in-depth guides, expert-curated collections, and a revamped artist gear section to inspire and inform users at all levels of their musical journey.    Personalized Experience: Registered users can now enjoy a more tailored interface, saving their favorite gear and creating wishlists for their next creative adventure.    Price Comparisons Across Leading Retailers: Equipboard helps musicians make informed decisions by comparing prices on music gear from top retailers, ensuring they get the best value for their investment.    Community-Focused Features: New tools make it easier for users to contribute to Equipboard’s ever-growing database, ensuring the platform remains the most trusted source for music gear information.

“Equipboard has always been about empowering musicians by connecting them with the tools and insights they need,” said Michael Pierce, Co-Founder. “This redesign reflects our commitment to innovation and community, creating an experience that’s as inspiring as the gear our users discover. From in-depth artist insights to real-time price comparisons, we’re excited to see how these improvements help musicians worldwide make better gear choices and create amazing music.”

About Equipboard

Equipboard is the ultimate online resource for musicians and gear enthusiasts. With a mission to provide transparent, community-driven information about the gear used by artists and professionals, Equipboard has become a trusted destination for millions of music creators. The platform also simplifies the buying process with its innovative price comparison tool, helping users find the best deals from leading retailers. From electric guitars to studio monitors, Equipboard’s extensive database helps users make informed decisions about their music-making journey.

The redesigned Equipboard is now live at https://equipboard.com, offering a fresh look and enhanced tools to support music creators in exploring the gear behind their favorite artists’ sound.

Media Contact

Michael Pierce, Equipboard, 888-888-8888, contact@equipboard.com, https://equipboard.com/

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SOURCE Equipboard

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