With a CAGR of 17.2%, Context-Aware Computing Market Size to be Worth $104.6 Billion in 2027 – Digital Magazine
The IMARC group recently released a new research study titled “Contextual Aware Computing Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2022-2027A detailed analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
What are the growth prospects for the context-aware computing industry?
The global context-aware computing market will reach a value of USD 40.8 billion in 2021. Looking ahead, IMARC Group expects the market to Reaching $104.6 billion by 2027at a compound annual growth rate of 17.2% during 2022-2027.
What is context-aware computing?
Context-aware computing (CAC) is a computing process that anticipates end-user needs and improves the overall quality of interaction between organizations and consumers. It can be deployed through personal area networks (PANs), body area networks (BANs), and local area networks (LANs). CAC helps companies better understand consumers and eliminate complexities during the production process. It uses presence, social traits, location, and other environmental information to deliver more state-aware, more complex, usable functionality.
We regularly track the direct impact of COVID-19 on the market, along with the indirect impact on the industries associated with it. These notes will be incorporated into the report.
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What are the main market drivers in context-aware computing Market?
The wide adoption of CAC systems in various industrial sectors, such as education, entertainment, automotive, logistics, electronics, banking, media, and healthcare, is primarily driving the market towards growth. Increasing use of advanced technologies, such as artificial technology (AI) and data science solutions, in CAC is also contributing to the growth of the market. Moreover, the widespread integration of CAC with electronic gadgets, including laptops, tablets, and smartphones, to perform social computing capabilities and personal mobility drives market growth.
Read the full report with table of contents: https://bit.ly/30nwrRW
The report has segmented the market into the following categories:
Breakdown by product:
- active maps
- Adaptive phones
- augmented reality
- guidance systems
- Conference assistants
- Shopping assistants
Segmentation by seller type:
- Device manufacturers
- mobile network operators
- Internet, web and social network vendors
Segmentation by context type:
- computing context
- user context
- physical context
- time context
Segmentation by network type:
- Wireless cellular networks
- wireless local area networks
- Wireless personal area network
- body area grid
Dissociation by vertical field:
- Health care and life sciences
- Communication and information technology
- Government and the public sector
- Consumer goods and retail
- Media and entertainment
- North America (United States and Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, other countries)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, etc.)
- Latin America (Brazil, Mexico and other countries)
- Middle East and Africa (UAE, Saudi Arabia, Qatar, Iraq, others)
List of major players:
- Amazon.com Inc.
- Autodesk Corporation
- Cisco Systems Corporation
- Facebook Inc
- Flybits Corporation
- Google LLC (Alphabet Inc.)
- Intel Corporation
- Microsoft Corporation
- Onapsis Inc.
- Openstream Corporation
- Securonix Corporation
Key highlights of the report:
- Market Performance (2016-2021)
- Market prospects (2022-2027)
- market trends
- Market drivers and success factors
- The impact of COVID-19
- Value chain analysis
- Comprehensive mapping of the competitive landscape
Inquire before purchasing: https://www.imarcgroup.com/request?type=report&id=4507&flag=F
As the novel coronavirus (COVID-19) crisis grips the world, we are constantly following changes in markets, as well as industry behaviors of consumers globally, and our estimates on the latest market trends and predictions are made after considering the impact of this pandemic.
If you want the latest primary and secondary data (2022-2027) with cost unit, business strategy, distribution channel, etc. Click Request Free Sample Report, and the published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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Online insurance market
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information about us:
IMARC Group is a leading market research firm providing management strategy and market research worldwide. We partner with clients across all sectors and regions to identify the most value opportunities, address the most critical challenges, and transform their businesses.
IMARC information products cover key market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech enterprises. Market forecasts and industry analysis of biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the fore of the company’s expertise.
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