Tesla and SpaceX amongst corporations analyzed in global AI report

Tesla and SpaceX were listed as top corporations analyzed in the worldwide Artificial Intelligence of Things (AIoT) Solutions Market Report. Tesla was also mentioned as a top company in an Intellgent Driving market report.

In June Elon Musk tweeted that Tesla’s AI Day could be on September 30 since Tesla can have an Optimus prototype working by then.

Although Tesla’s work with AI is often known, not much is hardly mentioned about SpaceX’s use of AI. In April 2022, Analytics India Mag published an article highlighting how SpaceX is incorporating AI to advance its goals.

One example cited is SpaceX’s AI-powered autopilot system that helps rockets navigate from the launch to the International Space Station’s docking station.

AIoT Market Report

The report analyzed technologies, leading corporations corresponding to Telsa and SpaceX, in addition to solutions. It gives a deep dive into market sizing and forecasts for the AIoT infrastructure from 2022 through 2027.

The AIoT report also assesses the impact of 5G on AIoT, blockchain, and specific solutions corresponding to Data as a Service. It checked out the marketplace for AIoT in smart cities as well.

Key findings from the report:

The worldwide AIoT market is anticipated to achieve $83.6 billion in 2027 which represents a 39.1% compound annual growth rate (CAGR). Throughout the AIoT, the AI-enabled edge device market is anticipated to be the fastest-growing segment.

AIoT solutions today are the precursor to the following generation of AI Decision as a Service (AIDaaS). The worldwide marketplace for Web of Things (IoT) data as service solutions is anticipated to achieve $9.13 billion by 2027.

And, AIoT solutions are expected to enhance the operational effectiveness and the worth of machine data by up to twenty-eight% by 2027

Tesla and SpaceX are mentioned as top corporations analyzed

The report included an evaluation of vital AIoT corporations which include Tesla and SpaceX.

Other notable corporations on the list include Alibaba, NVidia, Intel, Qualcomm, Google, Cisco, and Texas Instruments, simply to name just a few.

Artificial intelligence is being integrated into information and communications technology (ICT) and is anticipated to rework communications, applications, content, and commerce. You possibly can read more concerning the report and the businesses analyzed here.

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