PUBLISHER: TechNavio | PRODUCT CODE: 1798157
PUBLISHER: TechNavio | PRODUCT CODE: 1798157
The location-based ambient intelligence market is forecasted to grow by USD 135,578.2 mn during 2024-2029, accelerating at a CAGR of 19.6% during the forecast period. The report on the location-based ambient intelligence market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing proliferation of IOT devices and smartphones, escalating enterprise demand for operational efficiency and hyper personalization, and rapid advancement and convergence of enabling technologies.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 18.5% |
CAGR | 19.6% |
Incremental Value | $135,578.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's location-based ambient intelligence market is segmented as below:
By Component
By End-user
By Technology
By Geographical Landscape
This study identifies the fusion of AI and location data for hyper-contextualization as one of the prime reasons driving the location-based ambient intelligence market growth during the next few years. Also, decentralization through proliferation of edge computing and intensified focus on ethical frameworks and privacy-by-design will lead to sizable demand in the market.
The report on the location-based ambient intelligence market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading location-based ambient intelligence market vendors that include ABB Ltd., Amazon.com Inc., Apple Inc., Chubb Fire and Security, Cisco Systems Inc., Google LLC, Honeywell International Inc., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Johnson Controls International PLC, Koninklijke Philips NV, Microsoft Corp., Nokia Corp., Quectel Wireless Solutions Co. Ltd., Samsung Electronics Co. Ltd., Schneider Electric SE, Siemens AG, Telit Cinterion, and u blox AG. Also, the location-based ambient intelligence market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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