Press release
Context-Aware Computing Global Market Reach $119.89 Billion at a CAGR of 15.5% By 2028, Key Factors behind Market's Exponential Growth
Context-Aware Computing Market
As per the report, the context aware computing market size has grown rapidly in recent years. It will grow from $58.33 billion in 2023 to $67.26 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The context aware computing market size is expected to see rapid growth in the next few years. It will grow to $119.89 billion in 2028 at a compound annual growth rate (CAGR) of 15.5%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=14887&type=smp
Smart Device Adoption Transforming Industries And Empowering Consumers
Increasing adoption of smart devices is expected to propel the context-aware computing market going forward. Smart devices are internet-connected gadgets or appliances capable of performing various tasks autonomously or in response to user commands. The rise in smart device adoption is due to technological advancements, leading to the development of increasingly sophisticated devices offering enhanced features and capabilities. Context-aware computing helps in the functionality and use of smart devices, empowering them to intelligently adjust and respond to diverse environmental conditions and user preferences. For instance, in November 2022, according to a report by techUK, a UK-based membership organization, in the UK, 77% of people owned a connected home device, up from 67% before the pandemic and 1% after 2021. Therefore, increasing adoption of smart devices is driving the growth of the context-aware computing market.
Product Innovation On Market Evolution
Major companies operating in the context-aware computing market are focused on developing innovative solutions, such as IBM z16 to gain competitive edge in the market. IBM z16 is an integrated on-chip AI accelerator, delivering latency-optimized inferencing for real-time transactions at scale, particularly for mission-critical workloads such as credit card, healthcare, and financial transactions. For instance, in April 2022, International Business Machines Corporation, a US-based technology company, launched the IBM z16, a next-generation system that integrates an on-chip AI accelerator. This innovation leverages the IBM Telum processor to provide industry-first on-chip integrated accelerators for predicting and automating with AI at unprecedented speed, scale, and extremely low latency.
The context-aware computing market covered in this report is segmented -
1) By Type: Hardware, Software, Services
2) By Context: Computing Context, User Context, Physical Context And Time Context
3) By Network: Wireless Local Area Networks, Wireless Cellular Networks, Wireless Personal Area Network, Body Area Network
4) By Vendor: Device Manufacturers, Mobile Network Operators, Online, Web, Social Networking Vendors
5) By End-User Industry: Banking Financial Services And Insurance (BFSI), Healthcare, Media And Entertainment, Automotive, Telecommunications, Logistics And Transportation, Consumer Electronics, Other End-User Industries
Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=14887&type=discount
Major companies operating in the context-aware computing market are Amazon.com Inc., Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corporation, Dell Technologies, Huawei Technologies, Intel Corporation, Panasonic Corporation, International Business Machines Corporation, Cisco Systems Inc., Qualcomm Technologies Inc., Oracle Corporation, Mitsubishi Electric Corporation, Fujitsu Limited, SAP SE, Hewlett Packard Enterprise (HPE), Telefonaktiebolaget LM Ericsson, Nokia Corporation, NEC Corporation, VMware Inc., Juniper Networks Inc., HPE Aruba Networking, BlackBerry Limited
Contents of the report:
1. Executive Summary
2. Context-Aware Computing Market Report Structure
3. Context-Aware Computing Market Trends And Strategies
4. Context-Aware Computing Market - Macro Economic Scenario
5. Context-Aware Computing Market Size And Growth
…..
27. Context-Aware Computing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/context-aware-computing-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Context-Aware Computing Global Market Reach $119.89 Billion at a CAGR of 15.5% By 2028, Key Factors behind Market's Exponential Growth here
News-ID: 3565792 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Context
Introducing PondPilot v0.4.0: Smarter Context and Unified Navigation
What's New in v0.4.0? https://app.pondpilot.io/
@-mentions for Smart Context
Say hello to one of our most requested features: @-mentions! You can now mention datasets, queries, and scripts directly in your AI prompts by typing @ followed by the object name.
The magic happens when the AI assistant gets full context about the objects you're referencing. This means:
- More accurate SQL suggestions based on your actual data structure
- Better error fixes that…
2024 Global Insights: Context-Aware Computing Market Trends & Innovations
"The Business Research Company recently released a comprehensive report on the Global Context-Aware Computing Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
According to The Business Research Company's, The context aware computing market…
Context-Rich System Market Opportunity and Forecast, 2021-2028
Context rich systems enable effective personalization that deal with eye, facial, gestures, and body recognition. Gesture recognition and face detection for human-computer interaction are some of the major examples of context rich systems. Usually, these system extracts signals imprinted by user, by tracking parameters such as location, the information of device in use, and many others. Then the system utilizes these parameters to adjust the content displayed to the user.…
Context Rich Systems Market: Lucrative Opportunites across Globe
Most of the IT giants are also leaders in the global context rich systems market. Companies such as Google, Inc., Facebook, Inc., Microsoft Corporation, Apple, Inc., and Amazon.com, Inc., have already posited significant investments in the development of their context rich systems.
According to a new publication by Transparency Market Research, a large portion of the global context rich systems player base is focused on developing business strategies that revolve…
Austria’s family context has become more traditional again
More and more families have fewer children than they would actually like to have. Demographers from Vienna are currently exploring the causes of this development. They detect a return to traditional role models for both women and men.
"We were surprised to see Austria heading back towards a more traditional pattern", says Isabella Buber-Ennser from the Vienna Institute of Demography at the Austrian Academy of Sciences. The demographer is currently…
Olive Oil in Context: TDS uncovers complex interactions
December 2012 - Using the Temporal Dominance of Sensations (TDS) method, the tasting experience that develops over a longer period can be traced. In this way it is possible to comprehend aspects that are not reflected in static sensory profiles. In a recent study on olive oil, Italian researchers demonstrated the advantages of TDS.
Good quality olive oil is a basic foodstuff in many countries encompassing the Mediterranean Sea. In the…
