Artificial Intelligence and Machine Learning Aiding IoT for Better Future

Over the past few decades, artificial Intelligence (AI) is a rapidly advancing which is made possible by the Internet, that may soon have significant impacts on our everyday lives. Machine learning is a part of computer science that developed from the study of pattern recognition and computational learning concept in artificial intelligence. Earlier machine learning techniques have been used extensively for a wide range of tasks including classification, regression and density estimation in a variety of application areas such as bioinformatics, speech recognition, spam detection, computer vision, fraud detection and advertising networks. Machine learning is the main method among those computational application to IoT and there are lots of application both in research and industry including energy, routing, and home automation and so on.

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Increasingly large amount of unstructured machine data, growing amount of human-oriented and machine generated data are some of the major driving factor fueling the growth of Artificial Learning and Machine Learning in IoT. In addition to this there are several other factor surging the growth of Artificial Learning and Machine Learning in IoT are Cost Savings, productivity and increased demand for cloud. Artificial learning and machine learning in IoT market is expected to witness exponential growth during the forecast period so as to manage increasingly large amount of unstructured machine data available in almost all industry.

Artificial learning and machine learning in IoT market is segmented on the basis of application which further includes utilities, manufacturing, healthcare, insurance, retail, transportation and others.

The market is segmented into major regions that include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM). The major countries included are considered in the scope of the study such as U.S, Canada, Mexico, France, Germany, Italy, Spain, UK, China, Australia, Japan, India, South Korea, South Africa, South Arabia and Brazil.

Leading Key Players:

• Google Inc.

• Cisco

• IBM Corp.

• Microsoft Corp.

• Amazon Inc.

• PTC (ColdLight)

• Infobright

• Mtell

• Predikto

• Predixion Software

• Sight Machine

Source: The Insight Partners | Artificial Intelligence and Machine Learning in IoT Market