Global Ambient Intelligence Market Report 2022: Growing Demand for Smart Devices Driving Growth – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Ambient Intelligence Market by Offerings, Technology, End-Use, and Region to 2028” Report has been added to from ResearchAndMarkets.com offer.

The global ambient intelligence market size will reach USD 225.35 billion by 2028 and witness a revenue growth rate of 32% over the next five years, according to recent research. The growing need for energy efficiency coupled with the growing use of smart devices is expected to drive revenue growth over the forecast period.

Sensor manufacturers like Sensinode Technologies AG who produce advanced sensors used specifically in Industry 4.0 applications; right down to consumer markets where companies can now purchase products equipped with these kinds of features rather than relying solely on built-in features.

The sensor network community is used in applications such as environmental monitoring, situational awareness, and structural safety monitoring for dynamic environments. This factor will drive the revenue growth of the global ambient intelligence market over the forecast period owing to the significant advancement in networking technology that enables the implementation of ubiquitous computing systems.

AmI products store important and personal data, which can be leaked if the product is not handled efficiently. Lack of awareness of these systems could also hamper revenue growth during this forecast period. In addition, the operation and maintenance requirements of these products also require expertise in their operation, especially when virtual space becomes more and more available across the world!

The development of the digital economy has been accompanied by an increase in threats to personal data. Privacy and security issues in the virtual environment are becoming more prevalent as data theft increases. It would be difficult to establish a jurisdiction or establish laws that can guarantee users that their personal information will remain safe, but efforts have been made by governments in different countries with guidelines on protecting this privacy, regardless of whether.

Some highlights of the report

  • Solution segmentation will account for almost half (45%) of all revenue generated by smart ambient technologies throughout the 2021-2028 period, driven primarily by its growing popularity among enterprises wanting zero-cost access. installation – they just need stable internet reception. Virtual environments are increasingly popular in the private sector, with a corresponding increase in demand for ambient intelligence. This trend is expected to continue over the next few years and result in an increase in the market share by solution segment during this period to 2028.

  • The North America ambient intelligence market is expected to grow at a faster rate than other regions. This can largely be attributed to the presence of tech giants and start-ups focusing on building AmI technology products, which will drive demand throughout the economy of this region. These companies have established themselves as key players within their respective industries while implementing new strategies that cater to more personalized customer experiences; all signs point to an increase in revenue generation over time.

  • The launch of a new smart building suite by Siemens AG in March 2020 aims to make workplaces more efficient and flexible. Businesses can leverage their IoT-connected devices, applications, and services, as well as additional technologies that enable building management systems to respond more intelligently to human input; improve the working environment for employees while increasing productivity levels in these spaces.

Market dynamics

Market factors

  • Growing demand for smart devices

  • Growing need for energy efficiency

  • Increase the advancement of deep learning

  • Increase investment by private organizations to leverage Ambient Intelligence (AmI) technology

Analysis of market constraints

  • Concerns about privacy, security and identity issues

  • Lack of AmI knowledge

  • High price of AmI products

Market segmentation

Components Outlook (Revenue, USD Billion; 2018-2028)

Technology Outlook (Revenue, USD Billion; 2018-2028)

  • Bluetooth low energy

  • Radio Frequency Identification (RFID)

  • Software agents

  • Nanotechnology

  • Biometrics

  • Affective Computing

  • Others

End-Use Outlook (Revenue, USD Billion; 2018-2028)

  • Bank, Financial Services and Insurance (BFSI)

  • Retail and e-commerce

  • Government & Defense

  • Energy and Utilities

  • IT & Telecom

  • Education

  • Health care

  • Others

Regional Outlook (Revenue, USD Billion; 2018-2028)

  • North America

  • WE

  • Canada

  • Mexico

  • Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • Sweden

  • BENELUX

  • The rest of Europe

  • Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Rest of APAC

  • Latin America

  • Brazil

  • Rest of LATAM

  • Middle East and Africa

  • Saudi Arabia

  • United Arab Emirates

  • South Africa

  • Israel

  • Rest of MEA

Main topics covered:

Chapter 1. Market Summary

Chapter 2. Executive Summary

Chapter 3. Indicative Metrics

Chapter 4. Ambient Intelligence (AmI) Market Segmentation and Impact Analysis

Chapter 5. Ambient Intelligence (AmI) Market by Offers, Outlook and Trends

Chapter 6. Ambient Intelligence (AmI) Market by Technology Insights & Trends

Chapter 7. Ambient Intelligence (AmI) Market by End-Use, Overviews and Trends

Chapter 8. Regional Outlook of the Ambient Intelligence (AmI) Market

Chapter 9. Competitive Landscape

Chapter 10. Business Profiles

Companies cited

  • ABB Group

  • Honeywell International Inc.

  • Ingersoll-Rand PLC

  • Siemens AG

  • Schneider Electric SE

  • Tunstall Healthcare Ltd.

  • Koninklijke Philips NV

  • Vitaphone GmbH

  • Legrand S.A.

  • AISense Inc

For more information about this report visit https://www.researchandmarkets.com/r/2eirvi

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