Published Date: 26-May-2023
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According to a new report, published by KBV research, The Global Ambient Intelligence Market size is expected to reach $77.2 billion by 2029, rising at a market growth of 24.1% CAGR during the forecast period.
The Services market would witness a CAGR of 24.8% during (2023 - 2029). Consulting, maintenance, integration, and support services are referred to as services in the ambient intelligence market. The complexity of implementation and the requirement for continuous support and maintenance are two aspects that contribute to the demand for ambient intelligence services.
The Healthcare market is leading the segment in the Global Ambient Intelligence Market by End-use in 2022; thereby, achieving a market value of $16.6 billion by 2029. By enhancing the clinical decision-making process, artificial intelligence significantly contributes to reducing the cognitive load on doctors. In addition, traditional clinical decision-support systems are being improved by including computer-aided analysis of physical healthcare activities due to the development of machine learning and the accessibility of low-cost sensors.
The Bluetooth Low Energy market would register a CAGR of 24.8% during (2023 - 2029). Data communication between devices is the main purpose of Bluetooth Low Energy. Through its connection to the Internet of Things (IoT), Bluetooth Low Energy also aids in the digitalization of tangible items. Businesses are putting much work into creating IoT-enabled products that let users interact with the digital world.
The North America market dominated the Global Ambient Intelligence Market by Region in 2022; thereby, achieving a market value of $27.0 billion by 2029. The Europe market is anticipated to grow at a CAGR of 23.6% during (2023 - 2029). Additionally, The Asia Pacific market would witness a CAGR of 24.8% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/ambient-intelligence-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson Controls International PLC, Siemens AG, Honeywell International, Inc. (Honeywell Commercial Security), Nuance Communications, Inc. (Microsoft Corporation), Zippin, Ambient AI, Inc., Noonum, LLC, Infosys Limited, Eleos Health, Inc. and Eyeris Technologies, Inc.
By End Use
Unique Offerings from KBV Research
North America Ambient Intelligence Market size & Opportunities 2023-2029
Europe Ambient Intelligence Market & Growth Forecast 2023-2029
Asia Pacific Ambient Intelligence Market Share & Industry Outlook to 2029
LAMEA Ambient Intelligence Market Growth, Trends & Forecasts 2023-2029