Report ID: SQMIG45K2095
Report ID:
SQMIG45K2095 |
Region:
Global |
Published Date: June, 2024
Pages:
197
|
Tables:
137 |
Figures:
76
North America could be an important market in this regard as it is driven using connected vehicles, smart energy services, home appliances, and smart manufacturing. The expansion of IoT in this area has been aided by rapid digitization and technological advancements in various industries. Described by companies like SAS Software as the next wave of AI-based IoT, the convergence of AI and IoT is one of the future technologies expected to emerge from the current technology revolutionizing manufacturing in the United States. U.S. The Energy Information Service predicts that global energy demand will increase by 48% over 17 years, despite a significant expansion in domestic generation from renewable sources.
The Asia-Pacific region is also witnessing strong growth in the demand for IoT sensors market. Many Asian countries such as China, India and South Korea are actively investing in smart city projects and these projects require the use of multiple IoT sensors for traffic management, waste management, energy conservation and citizens security.
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Report ID: SQMIG45K2095