Context Aware Computing Market Analysis Report, 2024: Hexa Research

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Context Aware Computing Market Share, Size, Analysis, Growth,
Trends and Forecasts, 2016 to 2024 | Hexa Research
" The global Context Aware Computing Market size is poised
to expand at a whopping CAGR exceeding 30% by 2024.
Ongoing trends suggest that this market could report
revenues surpassing USD 125 billion by the forecast
period. "
The global Context Aware Computing Market is projected to generate revenues surpassing USD 125 billion by
2024. It can expand at a CAGR over 30% during the forecast period (2016 to 2024). CAC refers to a system of
offering relevant information to users. This information is determined by the conditions that surround people,
places, and things. The primary aim of this system is to ensure quality interactions between end users and
businesses. Growing popularity & importance of context will fuel the global market during the forecast period.
Demand for greater productivity & collaborations may further add to industry growth.
Owing to the popular concept of enterprise mobility, a number of companies invest greatly in context aware
applications. Booming context-enriched services adopt situational & environmental data (regarding location,
user-availability, societal attributes, etc.) to predict the immediate requirements of end users. Market
challenges facing this industry are privacy & security issues, concerns regarding energy management, context
awareness, and cyber forage among others.
Products, applications, and regions are the parameters based on which the global context aware computing
market is segmented. On the basis of products, the industry is categorized into location aware information
delivery, office assistants, peoples & object pages, and shopping assistants. Web browsers, active phones, cyber
guides, fieldwork, and augmented reality & guided systems are the remaining products that dominate the
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Based on applications, the worldwide market is divided into healthcare, banking, insurance, financial services,
telecom, IT (information technology), transportation & logistics, and government. The other prominent end
users are travel & hospitality, manufacturing, retail, academia & education, and oil & gas. Telecom & IT was
valued over USD 4 billion in 2014. It can register a CAGR nearly 32% during the forecast period and reach
approximately USD 16 billion by 2024. Banking, financial services & insurance (BFSI) can grow at a 34% CAGR
from 2016 to 2024.
Based on regions, the global context aware computing market is fragmented into Europe, Asia Pacific, North
America, Latin America, and the Middle East & Africa. North America is led by the U.S. which is the biggest
regional market for context aware computing. High demand for personal electronics in a number of regional
industries can propel the global market in the years to come. The Latin America & Asia Pacific markets are
anticipated to expand robustly. Europe can also contribute significantly to the overall industry over the next
couple of years.
Key companies in the worldwide context aware computing market are Pontis; Securonix; Telnic; Baidu,
Openstream; Verizon Communications Inc.; Loopt; Intel; Vodafone; CrowdOptic; and Samsung. Nokia, Intel, and
Apple focus greatly on the development of context aware application programming interfaces (APIs). However,
industry participants holding the highest shares are Google, Facebook, Amazon, Microsoft, Nokia, Autodesk,
Appear Networks, and Apple. Context aware computing solutions developed by Appear Networks are applied in
sectors, such as aviation, rail, and construction. CrowdOptic has created an interactive platform that offers
connectivity via smart devices and helps build a community.
Players mainly focus on strategies, such as innovation & technological advancements, development of custom
solutions, and the acquisition of domain specialists.
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Table of Content of Context Aware Computing Market
Table of Contents
1. Methodology & Scope
1.1 Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modeling and Forecast
1.1.3 Industry Insights and Validation
1.2 Research Scope & Assumptions
1.3 List of Data Sources
2. Executive Summary
2.1 Industry Summary of Context Aware Computing Market
3. Industry Outlook
3.1 Context Aware Computing Market Segmentation
3.2 Context Aware Computing Market Size and Growth Prospects
3.3 Context Aware Computing Market Dynamics
3.4 Key Opportunities Prioritized
3.5 Industry Analysis - Porter's
3.6 Market Share Analysis
3.7 Market PESTEL Analysis, 2016
4. Application Framework
4.1 Context Aware Computing Market share by application, 2016 & 2024
5. Regional Outlook
5.1 North America
5.2 Europe
5.3 Asia Pacific
5.4 Latin America
5.5 MEA (Middle East and Africa)
5.6 RoW (Rest of the World)
6. Competitive Landscape
6.1 Vodafone
6.1.1 Company Overview
6.1.2 Revenue Analysis
6.1.3 Product Benchmarking
6.1.4 Strategic Initiatives
6.2 Securonix
6.2.1 Company Overview
6.2.2 Revenue Analysis
6.2.3 Product Benchmarking
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6.2.4 Strategic Initiatives
6.3 Telnic
6.3.1 Company Overview
6.3.2 Revenue Analysis
6.3.3 Product Benchmarking
6.3.4 Strategic Initiatives
6.4 Baidu
6.4.1 Company Overview
6.4.2 Revenue Analysis
6.4.3 Product Benchmarking
6.4.4 Strategic Initiatives
6.5 Openstream
6.5.1 Company Overview
6.5.2 Revenue Analysis
6.5.3 Product Benchmarking
6.5.4 Strategic Initiatives
6.6 Verizon Communications Inc.
6.6.1 Company Overview
6.6.2 Revenue Analysis
6.6.3 Product Benchmarking
6.6.4 Strategic Initiatives
6.7 Samsung
6.7.1 Company Overview
6.7.2 Revenue Analysis
6.7.3 Product Benchmarking
6.7.4 Strategic Initiatives
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The global Context Aware Computing Market size is poised to expand at a whopping CAGR exceeding 30% from 2016 to 2024 (forecast period).