PUBLISHER: The Business Research Company | PRODUCT CODE: 1751040
PUBLISHER: The Business Research Company | PRODUCT CODE: 1751040
Location-based ambient intelligence refers to environments equipped with sensors and technologies that detect and respond to the presence of people or objects, tailoring services and interactions to their specific locations. This concept incorporates elements of ubiquitous computing, where computing is seamlessly embedded in everyday objects and environments, and context awareness, where devices adjust their operations based on contextual factors such as location, time, and human actions.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The key components of location-based ambient intelligence include hardware, software, and services. Hardware components such as sensors, RFID tags, and smart cameras enable real-time tracking, automation, and enhanced security in smart environments. It utilizes various technologies such as Bluetooth Low Energy, Radio Frequency Identification (RFID), ambient light sensors, software agents, affective computing, and nanotechnology, employing detection methods such as active and passive detection. This technology is applicable in areas such as passenger screening, luggage and cargo inspection, and airport security perimeter monitoring, and is used across various end-user sectors, including residential, retail, healthcare, industrial, office buildings, automotive, and more.
The location-based-ambient intelligence market research report is one of a series of new reports from The Business Research Company that provides location-based-ambient intelligence market statistics, including the location-based-ambient intelligence industry global market size, regional shares, competitors with the location-based-ambient intelligence market share, detailed location based-ambient intelligence market segments, market trends, and opportunities, and any further data you may need to thrive in the location based-ambient intelligence industry. This location-based ambient intelligence market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The location-based ambient intelligence market size has grown exponentially in recent years. It will grow from$290.06 billion in 2024 to $360.68 billion in 2025 at a compound annual growth rate (CAGR) of 24.3%. The growth during the historic period can be attributed to the increasing adoption of smart sensors, rising demand for personalized services, greater integration of IoT in smart environments, expanding use of real-time data analytics, and growing reliance on location-based services.
The location-based ambient intelligence market size is expected to see exponential growth in the next few years. It will grow to$855.06 billion in 2029 at a compound annual growth rate (CAGR) of 24.1%. The growth during the forecast period can be attributed to the rising demand for context-aware applications, increasing adoption of AI-driven automation, a growing focus on smart cities and infrastructure, expanding use of ambient intelligence in healthcare, and the integration of edge computing for real-time decision-making. Key trends expected during this period include ongoing advancements in ambient intelligence technologies, innovations in human-computer interaction, rapid developments in spatial computing, increased research and development in ubiquitous computing, and the evolution of AI-driven intelligent systems.
The growing number of smart city projects is expected to drive the expansion of the location-based ambient intelligence market. A smart city is an urban area that leverages innovative solutions to improve infrastructure, enhance public services, and optimize resource management. The rise in smart city projects is largely due to advancements in IoT, AI, and data analytics, which contribute to improving urban efficiency and sustainability. Location-based ambient intelligence in these smart cities plays a vital role in enhancing urban services by offering real-time, context-aware solutions for traffic management, safety, and resource optimization. For example, in April 2023, the IMD Smart City Index Report, a Switzerland-based business school, revealed that the number of smart cities worldwide increased from 118 cities in 2021 to 141 cities in 2023. This growth in smart city projects is propelling the demand for location-based ambient intelligence technologies.
Artificial intelligence-powered navigation and exploration technologies are driving innovation within the location-based ambient intelligence market. Companies in this space are focusing on developing advanced technologies such as AI-powered digital assistants to personalize user experiences in smart environments. These digital assistants use real-time location data and AI to deliver personalized, context-aware interactions, enhancing automation, security, and efficiency across smart homes, cities, and workplaces by adapting to user needs and environments. For instance, in October 2024, Google LLC, a U.S.-based IT corporation, introduced an enhanced version of its Google Maps platform, integrating advanced AI features to improve user navigation and exploration. Updates include real-time traffic predictions, personalized location suggestions, and immersive weather updates along routes, all powered by machine learning algorithms that process large volumes of data.
In September 2024, Stryker Corporation, a U.S.-based medical technology company, acquired Care.ai for an undisclosed amount. This acquisition aims to enhance Stryker's healthcare IT offerings by integrating Care.ai's AI-assisted virtual care workflows and smart room technology, designed to improve workplace safety in healthcare settings. The move is expected to strengthen Stryker's position in the medical technology sector and align with its digital vision to provide innovative solutions for caregivers and patients. Care.ai is a U.S.-based software company that develops an AI-powered smart care facility platform using location-based ambient intelligence for virtual care and smart room technologies in healthcare.
Major players in the location based-ambient intelligence market are Google LLC, Microsoft Corporation, Huawei Technologies Co. Ltd., Siemens AG, Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., SAP SE, ABB Group, Hewlett Packard Enterprise (HPE), Ericsson AB, NEC Corporation, Johnson Controls International plc, Infosys Limited, Nuance Communications Inc., Zippin, Ambient.ai, Butlr Technologies, BioIntelliSense Inc., and Cherry Labs.
North America was the largest region in the location-based ambient intelligence market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in location-based ambient intelligence report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the location-based ambient intelligence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The location-based ambient intelligence market consists of revenues earned by entities by providing services such as location-based tracking and navigation, geofencing and proximity marketing, smart security and surveillance, Internet of Things-enabled smart environments, healthcare and assisted living services. The market value includes the value of related goods sold by the service provider or included within the service offering. The location-based ambient intelligence market also includes sales of smart wearables, augmented reality (AR) devices, connected surveillance and security systems, and geofencing and tracking apps. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Location Based-Ambient Intelligence Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on location based-ambient intelligence market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for location based-ambient intelligence ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The location based-ambient intelligence market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.