New Report Provides Insights into the IoT, Big Dat
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Posted On: 10/23/2024 4:42:15 PM
New Report Provides Insights into the IoT, Big Data Analytics Market
A recent market research report from Orbis Research has offered insight into artificial intelligence in the Big Data Analytics and Internet of Things (IoT) market. The new report emphasized the significance, implications, and research methodology of AI for businesses in the two sectors. Furthermore, the report examines current consumer behaviors, market conditions, trends, strategic insights, and competitive landscapes to help stakeholders make informed decisions.
Still in its infancy, the artificial intelligence industry has attracted significant attention across various industries and is predicted to play an increasingly larger role in the global economy over the next decade. With the big data analytics and IoT sector adopting AI at an unprecedented rate, the Orbis Research report highlighted the technology’s importance to the two industries.
It provides a brief description of AI in Big Data and the IoT market and highlights how the global business landscape stands to benefit from this sector. The market research conducted before the report will be crucial to helping business enterprises remain competitive, gain an intimate understanding of their target audience, and effectively identify growth opportunities.
Market research can also help to mitigate business risks by anticipating potential risks and managing them proactively, enabling strategic planning through robust strategies and informing decision-making processes, improving product development by designing services and products with high market demand, and allowing firms to maintain their competitive advantage through market insight-based decision making.
The study authors used primary research methodologies such as focus groups with industry experts and consumers as well as surveys and interview groups. Their secondary research activities involved analyzing industry reports, academic publications, and existing market data as well as ensuring a key timeframe received comprehensive coverage to maximum accuracy.
The resultant report segmented AI in the IoT and Big Data Analytics market by type into voice recognition, artificial neural network, deep learning platform, and others. It also segmented the applications into self-driving vehicles, cyber security intelligence, smart machines, and others. The market segmentation was based on criteria like product type, geography, and demographics and it helps businesses reach their target audience more effectively.
A competitive analysis provided a detailed examination of the Artificial Intelligence in Big Data Analytics and the IoT sector’s primary competitors through an assessment of their market positioning, weaknesses, and strengths. The report also offers insight into consumer behaviors, purchasing patterns or trends, and changing preferences that can help firms tweak their products and services to effectively meet the market’s evolving demands.
Enterprises like FingerMotion Inc. (NASDAQ: FNGR) with offerings in the Big Data space are likely to take an interest in this recently released report as it could provide them with valuable industry insights.
NOTE TO INVESTORS: The latest news and updates relating to FingerMotion Inc. (NASDAQ: FNGR) are available in the company’s newsroom at https://ibn.fm/FNGR
Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: https://www.ChineseWire.com/Disclaimer
A recent market research report from Orbis Research has offered insight into artificial intelligence in the Big Data Analytics and Internet of Things (IoT) market. The new report emphasized the significance, implications, and research methodology of AI for businesses in the two sectors. Furthermore, the report examines current consumer behaviors, market conditions, trends, strategic insights, and competitive landscapes to help stakeholders make informed decisions.
Still in its infancy, the artificial intelligence industry has attracted significant attention across various industries and is predicted to play an increasingly larger role in the global economy over the next decade. With the big data analytics and IoT sector adopting AI at an unprecedented rate, the Orbis Research report highlighted the technology’s importance to the two industries.
It provides a brief description of AI in Big Data and the IoT market and highlights how the global business landscape stands to benefit from this sector. The market research conducted before the report will be crucial to helping business enterprises remain competitive, gain an intimate understanding of their target audience, and effectively identify growth opportunities.
Market research can also help to mitigate business risks by anticipating potential risks and managing them proactively, enabling strategic planning through robust strategies and informing decision-making processes, improving product development by designing services and products with high market demand, and allowing firms to maintain their competitive advantage through market insight-based decision making.
The study authors used primary research methodologies such as focus groups with industry experts and consumers as well as surveys and interview groups. Their secondary research activities involved analyzing industry reports, academic publications, and existing market data as well as ensuring a key timeframe received comprehensive coverage to maximum accuracy.
The resultant report segmented AI in the IoT and Big Data Analytics market by type into voice recognition, artificial neural network, deep learning platform, and others. It also segmented the applications into self-driving vehicles, cyber security intelligence, smart machines, and others. The market segmentation was based on criteria like product type, geography, and demographics and it helps businesses reach their target audience more effectively.
A competitive analysis provided a detailed examination of the Artificial Intelligence in Big Data Analytics and the IoT sector’s primary competitors through an assessment of their market positioning, weaknesses, and strengths. The report also offers insight into consumer behaviors, purchasing patterns or trends, and changing preferences that can help firms tweak their products and services to effectively meet the market’s evolving demands.
Enterprises like FingerMotion Inc. (NASDAQ: FNGR) with offerings in the Big Data space are likely to take an interest in this recently released report as it could provide them with valuable industry insights.
NOTE TO INVESTORS: The latest news and updates relating to FingerMotion Inc. (NASDAQ: FNGR) are available in the company’s newsroom at https://ibn.fm/FNGR
Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: https://www.ChineseWire.com/Disclaimer
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