PUBLISHER: IMARC | PRODUCT CODE: 1390689
PUBLISHER: IMARC | PRODUCT CODE: 1390689
The global context aware computing market size reached US$ 47.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 120.6 Billion by 2028, exhibiting a growth rate (CAGR) of 16.72% during 2022-2028.
Context aware computing (CAC) refers to the system used for gathering, monitoring and acquiring environmental and situational information regarding individuals and events. It is deployed through wireless cellular networks, local area networks (LAN), personal area network (PAN) and body area network (BAN). CAC is integrated with tablets, personal computers, adaptive phones and smart wearable devices for operating assistant tools and active maps. It collects and interprets low-level raw data and converts it to comprehensive insights for generating appropriate responses. As a result, it finds extensive applications across various industries, including banking, financial services and insurance (BFSI), electronics, media and entertainment, education, logistics, automotive and healthcare.
Significant growth in the electronics industry, along with the increasing adoption of consumer electronics, is one of the key factors creating a positive outlook for the market. CAC is integrated with devices, such as smartphones, tablets and personal computers, for personal navigation, data storage, adjusting screen brightness and social computing capabilities. Moreover, the utilization of artificial intelligence (AI) and data science solutions in smartphone applications is providing a thrust to the market growth. These technologies provide enhanced contextual awareness and adapt the application behavior according to the implications. In line with this, the increasing demand for CAC solutions in self-driving, connected and autonomous cars is also contributing to the growth of the market. Additionally, the adoption of the work-from-home (WFH) model by organizations due to the onset of the coronavirus (covid-19) pandemic is acting as another growth-inducing factor. CAC solutions are widely used by enterprises for location-awareness technologies, such as global positioning system (GPS), navigation and device tracking applications. Other factors, including the widespread utilization of advanced sensors in connected devices, along with significant improvements in the 5G infrastructure, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global context aware computing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, vendor type, context type, network type and industry vertical.
Active Maps
Adaptive Phones
Augmented Reality
Guide Systems
Conference Assistants
Cyberguides
Shopping Assistants
Others
Device Manufacturers
Mobile Network Operators
Online, Web and Social Networking Vendors
Computing Context
User Context
Physical Context
Time Context
Wireless Cellular Networks
Wireless Local Area Networks
Wireless Personal Area Network
Body Area Network
BFSI
Healthcare and Life Sciences
Telecommunications and IT
Government and Public Sector
Manufacturing
Consumer Goods and Retail
Media and Entertainment
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon.com Inc., Autodesk Inc., Cisco Systems Inc., Facebook Inc., Flybits Inc., Google LLC (Alphabet Inc.), Intel Corporation, Microsoft Corporation, Onapsis Inc., Openstream Inc. and Securonix Inc.