The report on context-aware computing market is titled, “Context-Aware Computing Market Size, Share and Industry Analysis, By Vendor (Mobile Network Operator, Device Manufacturer, and Online, Web, and Social Networking Vendors), By End-user Industry (BFSI, Consumer Electronics, Media and Entertainment, Automotive, Healthcare, Telecommunication, Logistics and Transportation and Others), and Regional Forecast, 2019-2026.”According to the report, the market is anticipated to grow from USD 27.46 Billion to USD 132.15 Billion. The forecast period is set from 2019 to 2026 and the market is expected to exhibit a CAGR of 21.8%.
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The report offers an in-depth analysis of the context-aware computing market with prime emphasis on factors such as drivers, restraints, trends, and opportunities. All information presented in the report is gathered from primary and secondary research methods. Important companies operating in the market are also listed. The report also throws light on some of the recent innovations in the market which will help market players make investments accordingly in order to generate better revenues in the forecast duration.
As per Fortune Business Insights, the report highlights some of the context-aware shareholders in the market. These companies are mentioned below:
North America to Remain Dominant ON Account of Presence of Major Market Players
Geographically, the market is prognosticated to be dominated by North America on account of the presence of major market vendors. In 2018, the context-aware computing market size in North America was USD 11.16 Billion. This is attributable to the rise in the integration of context-aware computing applications in mobile computing, various smart devices, and smart homes are further expected to help this region continue its dominance in the coming years as well. Besides this, the increasing investments in context-aware technologies and applications will also bode well for the overall market growth.
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Use of Intelligent Recommendation Engine to Help Market Players Generate High Revenue
Major vendors operating in the market are focusing on the integration of context ware computing applications in search engines in order to enhance preference and provide recommendations to users. Online retailers such as Amazon and others are utilizing intelligent recommendation engines for extracting information of purchase items per customer based on their shopping history, specific product interest, search history, individual preferences, and others. Such strategies will help market vendors attract high revenue in the future.
Scope of theContext-Aware Computing Market Research Report –
By Vendor
By End-user
By Geography
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To view the original version on The Express Wire visit Context Aware Computing Market – Growth, Trends, And Forecast (2019 – 2026)