Global Ambient Intelligence Market
Global Ambient Intelligence Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a XX% CAGR of around during a forecast period.
Ambient intelligence is a relatively new term in the technology lexicon, yet forecasts shows it will become the major evolution in technology-based consumer services and quality of life applications over the upcoming 10 years. Essentially, ambient intelligence is the ability of a system to appreciate its environment, be aware of the end-user within that environment and most importantly, interpret and respond to their needs, unprompted.
The scope of the report includes a detailed study of global and regional markets for ambient intelligence with the reasons given for variations in the growth of the industry in certain regions. Growing awareness among consumers about saving energy and the preference for more energy-efficient systems and solutions for their homes drive the location-based ambient intelligence market. Smart home systems assist individuals to control all devices connected to their network. Such as, consumers can decrease energy consumption using temperature settings and schedules of programmable homes. Consumers frequently struggle to efficiently program their homes and benefit these benefits.
New advancements in technologies are expected to boost the popularity of ambient-assisted living and the integration of ambient intelligence solutions for helping medical diagnosis. Growing sales potential of medical devices that are integrated with ambient intelligence technology, which is intrinsically and thoroughly connected with artificial intelligence (AI), will create a huge window of opportunities for stakeholders in the healthcare sector.
Education is expected to account for the largest XX% market share by 2026. Rising interest in improving the teaching-learning process thus, it has led to the educational field the application of a discipline known as Ambient Intelligence (AmI) with the purpose of given that intelligence to the ordinary classroom.
The report offers a brief analysis of the major regions in the ambient intelligence market, namely, Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. North America market accounted for the largest XX% share in the market, in 2018. This growth is attributed to the growing demand for smart buildings in the region. According to MMR analysis, the smart building market is expected to increase at a CAGR of about 18% by 2026. Rising focus on safety and security coupled with growing concerns related to energy efficiency and emission reduction are expected to drive growth of the smart building market. As the smart building projects are increasing, demand for advanced ambient assisted technology is likely to increase, which will boost the growth of the North American ambient intelligence market.
The objective of the report is to present comprehensive analysis of Global Ambient Intelligence Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Ambient Intelligence Market dynamics, structure by analyzing the market segments, and project the Global Ambient Intelligence Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Ambient Intelligence Market make the report investor’s guide.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Scope of the Global Ambient Intelligence Market
Global Ambient Intelligence Market, By Component
• Solution
• Services
Global Ambient Intelligence Market, By Technology
• Bluetooth Low Energy
• RFID
• Software Agents
• Nanotechnology
• Biometrics
• Affective Computing
• Others
Global Ambient Intelligence Market, By Industry Vertical
• BFSI
• Retail & E-commerce
• Manufacturing
• Government & Defense
• Energy & Utilities
• IT and Telecom
• Education
• Healthcare
• Others
Global Ambient Intelligence Market, by Region
• North America
• Asia Pacific
• Europe
• Middle East & Africa
• South America
Key players operating in the Global Ambient Intelligence Market
• Assisted Living Technologies Inc.
• ABB Group
• Honeywell International Inc.
• Ingersoll-Rand PLC
• Tunstall Healthcare Ltd.
• Schneider Electric S.E.
• Vitaphone GmbH
• Siemens AG
• Medic4all Group
• Televic N.V.
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