APAC Context aware computing market will be observing an extensive growth in the coming years
Category: #tech  By Partha Ray  Date: 2019-08-16
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APAC Context aware computing market will be observing an extensive growth in the coming years

Asia Pacific context aware computing market is predicted to be the most attractive region, over the forecast period. The growth can be attributed to rapid growing adoption of these systems across the region. Europe and North America is expected to exhibit considerable growth over the timeframe.

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Rising demand to augment productivity and collaboration is likely to propel context aware computing market share over the next seven years. Budding context-enriched services are predicted to use situational and environmental information about the user’s presence, social attributes, location, etc. to foresee end users’ immediate requirements. Thus, they proactively offer situation awareness with more sophisticated and better utility functions.

Escalating penetration of mobile computing devices such as tablet, PC, and smartphone along with advent of smart wearable devices is projected to further catalyze the context aware computing market demand from 2016 to 2023. The wearable technology market is forecast to exceed USD 35 billion by 2023. Personal electronics consumption is on the rise across regional industries, with tablets gaining market share on account of changing consumer preferences, BYOD adoption, and considerable technology innovation.

Based on product, context aware computing market can be categorized into adaptive phones, active maps, augmented reality & guided systems, cyber guides, conference assistants, fieldwork, web browsers, location-aware information delivery, office assistants, shopping assistants, people & object pagers.

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At Global Market Insights, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most accurate analysis of the industry. The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc.  Primary objectives of data mining include:

  • Definition and scope of research
  • Market dynamics, growth drivers and industry pitfalls
  • Regulatory and political guidelines for the industry
  • Demographics and statistical data

Context aware computing market is expected to reach over USD 125 billion by 2023, growing at over 30% CAGR from 2016 to 2023. These systems are mainly used to improvise the quality of interaction with the end user. Increasing industry demand for leveraging these systems to attain better target prospects is projected to drive growth over the forecast timeframe.

Industry participants holding substantial share include Amazon, Appear Networks, Apple, Autodesk, Facebook, Microsoft, Nokia and Google.

Some other prominent context aware computing market players are Baidu, Crowdoptic, Flytxt, Intel, Loopt, Mxit, Openstream, Pontis, Proxomo, Samsung, Securonix, Telefónica, Teliasonera, Telnic, Threatmetrix, Verizon Communications Inc, and Vodafone.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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