AIoT Platforms Market worth $24.9 billion by 2028, growing at a CAGR of 37.7%: Report by MarketsandM

Sheetal2318 Jun, 2025Technology

The primary factor driving the growth of AIoT platforms are government initiatives towards developing digitalized, smart city infrastructure. AIoT platforms are being used is in smart homes. Home devices, such as thermostats, lights, and security cameras, can be connected to the internet and controlled using a smartphone or other device. AI can also be used to automate some tasks, such as turning the lights off or the heat down when no one is home. This rising need for convenient living is driving the market for AIoT platforms