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Location-based Ambient Intelligence Market
Location-based ambient intelligence is a multi-disciplinary approach that help in enhancing the way people and environment interact with each other. Ambient intelligence involves detection of human or any object presence and it also involves the combination of individual’s location and data involved with detecting their presence. This ensures that information can provide a better form of IoT-based solutions and servicing. Ambient intelligence is based on three technologies including ubiquitous communication, computing and intelligent user interface.
The world is facing the impact of COVID-19 pandemic and this global health pandemic has hugely impacted every sectors and have created significant disruption. Due to social distancing norms the adoption of smart devices and wearables has increased and due to this the demand is increasing for ambient intelligence. Ambient intelligence is useful for controlling infection in hospitals. Ambient intelligence can lend administrative support to healthcare personnel. Hence, the location based ambient intelligence market is estimated to witness growth by 1.5X in 2020 and 2021 as well, as compared to 2019.
Increasing Adoption of mHealth, and Mobile Devices
The growing ownership of smartphones, tablets, and other mobile devices is increasing rapidly, which is creating potential growth opportunities for the location based ambient intelligence market. mHealth has a wide range of uses, from chronic care management to complex population health analysis. Moreover, the increasing shift toward outcome-based delivery and a patient-centric model is creating rapid demand for mHealth for healthcare transformation.
Furthermore, the increasing adoption of mobile devices and fitness trackers, driven by growing health awareness among people, is encouraging the key players to develop enhanced health-oriented smart devices, and this is driving the market. To capitalize on this potential revenue opportunity, various healthcare solution providers are expected to follow suit in the near future. This is expected to pave the way for customer application development services in the healthcare sector.
North America location-based ambient intelligence market dominated in 2019 in terms of revenue, owing to technological advancement. South Asia & Pacific region is fastest growing region as the internet penetration is increasing in the region. Moreover, increasing government initiatives for mhealth applications and introduction of 4G/5G internet services is driving the market growth in the region.
The key players in the Location-based Ambient Intelligence market Huawei Technologies, Samsung Electronics, ABB Ltd, Honeywell International, Johnson Controls, Nokia, Siemens AG, Google, among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Location-based Ambient Intelligence market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Location-based Ambient Intelligence market attractiveness as per segments. The report on Location-based Ambient Intelligence market also maps the qualitative impact of various factors on Location-based Ambient Intelligence market segments and geographies.