On December 29, 2020, Tuya Smart and Gartner jointly released the "2021 Global AIoT Developer Ecosystem White Paper", and forecast six AIoT industry trends for 2021.
Eva Na, CMO of Tuya Smart and Guo Lei, China Vice President of Gartner jointly announced the "2021 Global AIoT Developer Ecosystem White Paper".
According to research data, the scale of the AIoT market in China was about US$55 billion in 2019, benefits from policy support such as new infrastructure, that number will reach US$128 billion in 2022, with an annual compound growth rate of about 33%.
Based on the rapid development trend of the AIoT industry, the Tuya Smart global AIoT platform, Gartner produced the "2021 Global AIoT Developer Ecosystem White Paper", and was jointly released by AIoT Business and ABV (AIoT Business Vantage), Asia-Pacific AI Business Alliance (AIBA) and Intelligence Business Academy.
Combined with industry experts’ insights and in-depth interviews, this white paper represents 35 international enterprises across 15 industries, explores the intelligent transformation and upgrading experience of leading brands in different industries, from macro to micro, from theory to practice, and analyzes the AIoT industry in four areas: current situation, practices, challenges and prospect. It highlights the benefits of a clear development path for AIoT developers in the future.
I. Global AIoT Industry Current Situation and Key Factors in Breaking Traditional Silos
In 2020, it became the year of AIoT industry "Breaking Silos", when digitization of everything has rapidly increased as companies look for new solutions and areas for growth. As industries digitize, the Internet of things (IoT), real-time information, and digital tools are breaking traditional silos, enabling remote operation of facilities and creating innovative and sustainable economic models. Artificial Intelligence technologies are enabling new solutions that can increase efficiency and sustainability as decisions are made in real-time.
1.The global AIoT industry is rapidly expanding, with China leading the way
2.The platform, application and service layer dominate the AIoT value chain
3.The global IoT PaaS market had a full-scale surge
4.Smart buildings are crucial to the IoT PaaS market
II. Two major challenges for the AIoT industry: platform security and lack of industry standards
While the Internet of Things platform brings connectivity and convenience to consumers’ life, it can also bring concern for data security and privacy. In addition, another central challenge the Internet of Things is facing is the lack of industry standards. The different Internet of Things connectivity technologies and wide variety of devices is another reason for this fragmentation.
The Internet of Things industry needs to develop integrated standards for security, testing, connectivity and operations. Solving the security problem relies on the joint efforts of both enterprises and governments, including constructing the security management system of the Internet of Things.
III. Six prospects for the AIoT Industry in 2021
The white paper forecasts the development of the AIoT industry in 2021, and put forward six key perspectives: developers will play a major role in AIoT evolution, AIoT open platform will be the industry`s main driving force, convergence of cutting-edge technologies and the Internet of Things, widespread adoption of the ToB Industrial Internet of Things (IIoT), and new infrastructure will accelerate the development of the AIoT industry.
Overall, the AIoT industry will continue its rapid growth in 2021, evolving from stand-alone smart devices to an entire connected ecosystem platform. Developers will drive which ecosystem may have absolute advantages, while open platforms will dictate which platform may attract enough developers.
IV. Insights of "2021 Global AIoT Developer Ecosystem White Paper"
The full text of the white paper exceeds 100,000 words and provides a full examination of the current landscape, challenges, and developing trends of the AIoT industry.
The white paper confirms that we are fully entrenched in the smart business age with the growth of intelligent processes, the utilization of big data, as well as dynamic new infrastructure concepts, but commercial applications still face challenges.
At the same time, the white paper points out that in 2021, the open platform trend of the AIoT industry will become more essential, and developers will become the key driving force of AIoT industry development. The more support the platform gains from developers, the more opportunities for that platform to achieve adoption among industries, and will allow people to easily engage in AIoT connectivity and convenience in all aspects of daily life.
Over the past year, many respected industry experts and leaders contributed to the "2021 Global AIoT Developer Ecosystem White Paper". The white paper's analysis of the industry and insights into future trends will be a great resource to AIoT industry developers.
Check the white paper online with Gartner's global newsletter: https://www.gartner.com/technology/media-products/newsletters/Tuya/1-24KHI44F/index.html
