Context Aware Computing Market Leading Key Players: Baidu, Crowdoptic, Flytxt, Intel, Loopt, Mxit, Openstream, Pontis, Proxomo, Samsung, Securonix, Telefónica, Teliasonera, Telnic, Threatmetrix, Verizon Communications, Vodafone

Market Overview: -

According to new research of Global Market Insights, Inc, the context aware computing (CAC) market to cross USD 125 billion by 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.

Context is anticipated to be the most adopted component and is expected to lead the industry over next few years. It is likely to reach at USD 56 billion by 2023, growing at over 30% CAGR.

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Top Key Players: -

Industry participants holding substantial share in context aware computing market include Amazon, Appear Networks, Apple, Autodesk, Facebook, Microsoft, Nokia and Google. Some other prominent industry players are Baidu, Crowdoptic, Flytxt, Intel, Loopt, Mxit, Openstream, Pontis, Proxomo, Samsung, Securonix, Telefónica, Teliasonera, Telnic, Threatmetrix, Verizon Communications Inc, and Vodafone.

Market share calculation in this report is not done based on companies covered in it. The calculation of context aware computing market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

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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Research applications are anticipated to witness growth in the coming years. Scientific 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.

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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
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