Global Ambient Intelligence Market Size, Share & Analysis 2020-2027

Global Ambient Intelligence Market Size, Share & Analysis 2020-2027

Global Ambient Intelligence Market Size, Share & Trends Analysis By Component Type (Services, Hardware, Software), Technology (Bluetooth, RFID, Software Agents, Nanotechnology, Biometrics, Others), By End-User, Region And Industry Analysis 2020-2027

Ambient Intelligence Market Overview

The global ambient intelligence market was valued at USD 18.20 Billion in 2019 and it is anticipated to reach USD 130.65 Billion by 2027, growing at a CAGR of 25.2% over the forecast period. Ambient Intelligence is a part of the common computing environment that usually helps in interacting and responding to humans in that environment. There are many features in ambient intelligence which include activity recognition, reasoning, and decision making. Moreover, sensor networks are used for data collection, and human interaction helps in natural interfaces.

Global Ambient Intelligence Market

What is ambient intelligence?

Ambient intelligence (AmI) is of the transformation of Human surroundings into a digital environment, that shall enable various digital task completion seamlessly without the need for human interference. The emergence of advanced technology such as the internet of things has helped to enhance the capabilities of ambient intelligence, this is anticipated to generate advanced futuristic solutions in domains such as education, health care, transportation, security, energy management, and others.

Ambient intelligence is the development of unified technologies using electrical and software engineering, that shall support today’s digital environment by integrating various devices, equipment & technologies. Few key technologies used in ambient intelligence are ubiquitous computing (Ambient Computing), internet of things, machine learning, and artificial intelligence. The technologies are connected using various disciplines such as semantic web, multi-agent systems, a nodal system to create that digital ambiance.

It is a technology which helps in collecting and gathering digital information to make the interaction between human and computer easy, by expanding its boundaries in media and even making it available for smartphone devices and many other modes of portable communication. It also enables computers to adapt to their user preferences.

Ambient Intelligence technology is grabbing so much attention and preference because of its application in the healthcare sector to improve various real-time solutions which include continuous health monitoring systems and even providing diagnosis on various health problems. Furthermore, Ambient Intelligence has various applications in smart homes. Growth in smart lighting and smart homes as a combination will drive the market for Ambient Intelligence to enter the mainstream. Also, with increased power demand, this technology is expected to drive massive investments in many developing countries.

Although ambient intelligence has advanced significantly in the last few years, still there are few challenges that the technology needs to overcome for mass application. For instance, many times the system fails to recognize the user surrounding environment, which affects technological accuracy. It is necessary that The functioning of the technology shall be done in a user-centric environment, considering user needs and the learning should take place in a rich living environment. Right now the Technology cannot recognize the semantic entities and their relations, this needs to be improved or future applications of creating a smart human environment using ambient intelligence.

Component Insights

There are several components required to create ambient intelligence such as smart materials, Micro / Nanoelectronic system, MEMS Technology, ubiquitous communication, I/O device Technology, adaptive software, computational intelligence, contextual awareness, and emotional computing. Ambient intelligence Requires processes such as platform designing, software designing, engineering, prototyping, and integration.

Ambient Intelligence Market

The market can be segmented into services, hardware, and software. The ambient intelligence market offers a wide range of services, hardware, and software which makes the market stand out and to grab so much attention. The hardware segment accounted for the largest market share of greater than 40% market share in 2019. The ambient intelligence services segment is expected to emerge as the fastest-growing segment over the next decade.

Technology Insights

The market can be segmented into Bluetooth low energy, RFID, Software agents, Nanotechnology, Biometrics, Affective computing, and others. The Bluetooth accounted for the largest market share in 2019, as it is one of the cheapest connectivity solutions available for usage in smart devices including smart lighting, smart homes, etc. The Nanotechnology segment is growing at a faster pace as companies are trying to embed advanced architecture in thee systems using nanotechnology that shall help in speeding the computational speed while reducing the size of the actual devices significantly.

End Users Insights

The market can be segmented into BFSI, Retail and E-commerce, Manufacturing, Government and Defence, Energy and Utilities, IT and Telecom, Education, Healthcare, Finance, Residential, and others. The Residential segment accounted for the largest market share followed by BFSI, IT & Telecom. Ambient intelligence is a relatively new technology, mostly in the developmental stage for various applications. AIaaS or Ambient Intelligence as a Service sector is developing newer solutions using Ambient intelligence to be applied in various industries.

Regional Insights

North America ambient intelligence market dominated the market in 2019, the growth can be attributed to rapid technological developments and increasing demand for smart buildings in the region. Asia Pacific region is expected to emerge as a prominent target market owing to high technological penetration, manufacturing capacity & availability of cheaper labor in the regional market.

Ambient Intelligence Regional Market

Ambient intelligence market share insights 2019

The ambient Intelligence Market is inching towards success due to increasing numbers of its users and different technologies offered by them. Some of the prominent players in the market are Assisted Living Technologies Inc, ABB Group, Chubb Community Care, Caretech Ab, Honeywell International Inc, Legrand SA, Tunstall Healthcare Ltd. These players are using several strategies which include partnership, expansion, collaboration, and many more to maintain a level in the industry.

Report Details

Attribute Details
Base year for estimation 2019
Actual estimates/Historical data 2017 – 2019
Forecast period 2020 – 2027
Market representation Revenue in USD Billion & CAGR from 2020 to 2027
Regional scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Country scope U.S., Canada, UK, Germany, France, China, India, Japan, South Korea, Taiwan, Brazil, Mexico, UAE, and KSA
Report coverage Market size estimates and forecast, company market share analysis, competitive landscape, market dynamics, drivers, restraints, opportunities & challenges, qualitative analysis and trends
25% free customization scope (equivalent to 9 analysts working days) Do you have any additional requirements? We can incorporate the same at no extra cost.

Market Segmentation

UpGraph market research segmented the Global ambient intelligence market based on component, technology, industry vertical, and regional segments as mentioned below:

  • Ambient Intelligence Component Overview 
    • Solution
    • Services
  • Ambient Intelligence Technology Overview 
    • Bluetooth Low Energy
    • RFID
    • Software Agents
    • Nanotechnology
    • Biometrics
    • Affective Computing
    • Others
  • Ambient Intelligence Industry Vertical Overview 
    • BFSI
    • Retail & E-commerce
    • Manufacturing
    • Government & Defence
    • Energy & Utilities
    • IT and Telecom
    • Others
  • Ambient Intelligence Regional Overview 
    • North America
      • The U.S.
      • Canada
    • Europe
      • UK
      • Germany
      • France
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa
      • UAE
      • KSA
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit

Get a tailor-made report suitable to your budget. Connect with us to buy specific chapter, a country level report or just the datasheet of this report.

  • The only company that offer 30 days money back guarantee.
  • World-class data privacy policy.
  • Huge research reports database
  • Trustworthy pre & post sales services
  • Highly secure &  convenient payment options
  • 24*5 Research support service

We offer special discounts to students, NGOs & government agencies. click below to avail the discount.

Contact Us

Wait... Get Your 20% Discount Coupon

Thank You For Visiting Our Website, As A Token Of Appreciation, Here Is Your 20% Off Coupon Valid On Any Report Purchase Within Next 3 Months...Cheers

Read more about our Policy