The global context-aware computing market is prognosticated to exhibit high CAGR in the coming years on account of various computing platforms launched by the market vendors. To cite an example, a secure and easy context computing platform for facilitating the sharing of information was launched in the year 2015 by IBM Corporation. This platform will not only provide better computing platform to various industries such as government, retail, banking, financial, insurance (BFSI) but will be encrypted for blocking any context breach. Such innovations, according to a report by Fortune Business Insights, will bode well for the market in the coming years.
According to the report, the market is anticipated to grow from USD 27.46 Billion to USD 132.15 Billion. The forecast period is set from 2019 to 2026 and the market is expected to exhibit a CAGR of 21.8%.
The report on context-aware computing market is titled, “Context-Aware Computing Market Size, Share & Industry Analysis, By Vendor (Mobile Network Operator, Device Manufacturer, and Online, Web, & Social Networking Vendors), By End-user Industry (BFSI, Consumer Electronics, Media and Entertainment, Automotive, Healthcare, Telecommunication, Logistics & Transportation and Others), and Regional Forecast, 2019-2026.”
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The report offers an in-depth analysis of the context-aware computing market with prime emphasis on factors such as drivers, restraints, trends, and opportunities. All information presented in the report is gathered from primary and secondary research methods. Important companies operating in the market are also listed. The report also throws light on some of the recent innovations in the market which will help market players make investments accordingly in order to generate better revenues in the forecast duration.
Implementation of Smart Applications in Smart Computing to Boost Market
The integration and development of beacons and advanced sensors on wearable devices, smartphones, and other smart objects is a major factor promoting the growth of the context-aware computing market. Developers can now use this sensor and capture contextual information for their benefits. The increasing number of sensor-enabled network devices is projected to help the market gain traction in the forecast period. Moreover, with rise in awareness about context-aware computing programs through marketing campaigns and the benefits it has for both customers and marketers, the demand for context-aware computing the market for internet of things is also gaining momentum and expected to generate high revenue in the forecast period.
Furthermore, the long term investments in research and development of Artificial Intelligence context-aware leading towards advent of new approaches and theories for Artificial Intelligence installed systems. This, in turn, has permitted the translation of AI into practical context-aware computing market applications, thus boosting the market globally.
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As per Fortune Business Insights, the report highlights some of the context-aware shareholders in the market. These companies are mentioned below:
- Apple Inc.
- IBM Corporation
- Cisco Systems Inc.
- Oracle Corporation
- Samsung Electronics Co. Ltd
- Intel Corporation
- Flybits Inc.
- Microsoft Corporation
- Google LLC
- com Inc.
- Onapsis Inc.
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Market Segmentation Of Context Aware Computing Market –
1. By Vendor
- Mobile Network Operator
- Device Manufacturer
- Online, Web, and Social Networking Vendors
2. By End-user
- Consumer Electronics
- Media and Entertainment
- Logistics and Transportation
3. By Geography
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)
- Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)
- Latin America (Brazil, Mexico, and Rest of Latin America)
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Table of Content –
5.Global Context Aware Computing Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Size Estimates and Forecasts
5.2.1.By Vendor (Value)
126.96.36.199.Mobile Network Operator
188.8.131.52.Online, Web, and Social Networking Vendors
5.2.2.By End User (Value)
184.108.40.206.Media and Entertainment
220.127.116.11.Logistics and Transportation
5.2.3.By Geography (Value)
18.104.22.168.Middle East and Africa
6.North America Context Aware Computing Market Analysis, Insights and Forecast, 2015-2026
6.1.Market Size Estimates and Forecasts
6.1.1.By Vendor (Value)
22.214.171.124.Mobile Network Operator
126.96.36.199.Online, Web, and Social Networking Vendors
6.1.2.By End User (Value)
188.8.131.52.Media and Entertainment
184.108.40.206.Logistics and Transportation
6.1.3.By Country (Value)
7.Europe Context Aware Computing Market Analysis, Insights and Forecast, 2015-2026
7.1.Market Size Estimates and Forecasts
7.1.1.By Vendor (Value)
220.127.116.11.Mobile Network Operator
18.104.22.168.Online, Web, and Social Networking Vendors
7.1.2.By End User (Value)
22.214.171.124.Media and Entertainment
126.96.36.199.Logistics and Transportation
7.1.3.By Country (Value)
188.8.131.52.Rest of Europe
8.Asia Pacific Context Aware Computing Market Analysis, Insights and Forecast, 2015-2026
8.1.Market Size Estimates and Forecasts
8.1.1.By Vendor (Value)
184.108.40.206.Mobile Network Operator
220.127.116.11.Online, Web, and Social Networking Vendors
8.1.2.By End User (Value)
18.104.22.168.Media and Entertainment
22.214.171.124.Logistics and Transportation
8.1.3.By Country (Value)
126.96.36.199.South East Asia
188.8.131.52.Rest of APAC
9.Middle East and Africa Context Aware Computing Market Analysis, Insights and Forecast, 2015-2026
9.1.Market Size Estimates and Forecasts
9.1.1.By Vendor (Value)
184.108.40.206.Mobile Network Operator
220.127.116.11.Online, Web, and Social Networking Vendors
9.1.2.By End User (Value)
18.104.22.168.Media and Entertainment
22.214.171.124.Logistics and Transportation
9.1.3.By Country (Value)
126.96.36.199.Rest of MEA
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