Artificial Intelligence Plays a Pivotal Role in the Internet of Things

Strategic Insights -

Artificial Intelligence (AI) plays a significant role in the Internet of Things (IoT) by being applied to various smart and connected products such as lighting, cars, wearables, medical care, smartphones, and smart home sensing control devices. This report provides an overview of AI technologies, major vendors' patent deployment, and technology development strategies using patent mining techniques. The report also includes a brief summary of strategic activities of major vendors, including IBM, Microsoft, Google, Intel, and Qualcomm.

Key Takeaways:

  • The report covers four major AI technology areas: neural network, expert system, fuzzy logic, and genetic algorithm, touching on their mechanisms and major applications.
  • Patent data mining procedure and findings include major technology fields and sectors identified through the data mining technique and assignees' R&D intensity.
  • A brief outlook for the market value of the worldwide AI application market from 2013 to 2024 is provided.
  • Analysis of five major US companies' patent deployment in AI research, including their key technologies and products, is conducted.
  • Companies such as Accenture Global Service, AT&T, Credit Suisse AG, Fujitsu, General Electric Company, Google Inc., Hewlett-Packard, Hitachi, Honeywell, IBM, Intel Corporation, JPMorgan Chase Bank, Lucent Technologies, Matsushita Electric, Microsoft, Mitsubishi, NEC, Oracle International, Philips Electronics, Ricoh Corporation, Rockwell Automation, Samsung, SAP AG, Siemens, Sony, Texas Instruments, Toshiba, Yahoo, and Yamaha are covered in the report.

Statistics:

  • The worldwide AI application market is expected to have a market value of $1.4 trillion by 2024.
  • The AI-enabled application products market is expected to grow at a CAGR of 54.5% from 2013 to 2024.
  • Major technology areas identified through patent data mining include neural network, expert system, fuzzy logic, and genetic algorithm.
  • The top 30 AI patent assignees' R&D intensity is provided in Table 3.
  • The report includes a matrix analysis of 10 most important AI-related patents, and analysis of major vendors' AI-enabled application products.

Sources:

  • ReportsnReports.com, "Artificial Intelligence: Latest Development and Major Vendors' Patent Deployments" report (2015)
  • Market Intelligence & Consulting Institute (MIC), "Worldwide Large Area TFT-LCD Panel Supply-and-Demand Forecast, 4Q 2014"
  • MIC, "The Taiwanese Mobile Phone Industry, 4Q 2014"
  • US ReportsnReports.com, reports and in-depth studies library.