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Ambient Intelligence Market Trends Research And Projections For 2018-2026 With The Key Players Honeywell International,ABB Group,Schneider Electric S.E.,Siemens AG,Chubb Community Care,Vitaphone GmbH.

04-24-2019 02:27 PM CET | IT, New Media & Software

Press release from: Coherent Market Insights (CMI)

Ambient Intelligence Market

Ambient Intelligence Market

Ambient Intelligence is a part of pervasive computing environment that aids in interacting with and respond to humans in that environment. Moreover, its features includes activity recognition, reasoning, and decision making. For instance, sensor networks are utilized for data collection; and human computer interaction enables natural interfaces.

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Major players operating in the global ambient intelligence market include Schneider Electric S.E., Ingersoll-Rand PLC, Legrand SA, Siemens AG, ABB Group, Honeywell International, Inc., Tunstall Healthcare Ltd., Koninklijke Philips N.V., Chubb Community Care, Caretech Ab, Assisted Living Technologies, Inc., Getemed Medizin- Und Informationstechnik AG, Medic4all Group, Telbios, Televic N.V., and Vitaphone GmbH.

Ambient intelligence is a technology helps in gathering digital information to make interactions between human and computer, easy by expanding the interface media and making it available for smartphone devices and other modes of portable communication. Furthermore, it enables computers to adapt to their user preferences.

The innovative interface paradigms of ambient intelligence technology can be used for application in the healthcare sector to improve various real time solutions, including continuous monitoring health systems and providing diagnosis on various health conditions. For example, in September 2017, Nuance launched artificial intelligence (AI)-powered virtual assistant solution designed specifically for healthcare providers, which is expected to improve patient experience and reduce physician burnout. In April 2017, Ambient Clinical Analytics received US$ 5.4 Mn in funding for its enhancing its Clinical Decision Support and Control Tower Software Platform. For this, it uses licensed Mayo Clinic technologies, which include over 1,000 rules and algorithms to provide critical care providers real-time access to vital process-of-care information and analytics at the point-of-care, as well as from a central Clinical Control Tower.

Ambient Intelligence Projects
AISense, Inc. — a U.S.-based company —  is working on a project to transform everyday voice conversations through ambient voice intelligence that enables storing, searching, sharing, and analyzing voice conversations, the same way as users can with emails and text messages. Additionally, in November 2017, Osram Continental GmbH is a planned joint venture between Continental AG and Osram for intelligent lighting solutions in the automotive sector.

Ambient Intelligence Market Taxonomy
On the basis of component, the global ambient intelligence market is segmented into:
• Hardware
• Software and Solutions

On the basis of technology, the global ambient intelligence market is segmented into:
• Bluetooth Low Energy
• RFID
• Sensors Ambient Light Sensor 
• Software agents
• Affective computing
• Nanotechnology
• Biometrics
• Others

On the basis of end-user industry, the global ambient intelligence market is segmented into:
• Residential
• Retail
• Healthcare
• Industrial
• Office Building
• Automotive
• Others

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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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