Market Overview:
The global ambient intelligence market is expected to grow from USD 9.02 billion in 2018 to USD 24.06 billion by 2030, at a CAGR of 14.1% during the forecast period. The growth of this market can be attributed to the increasing demand for smart homes, rising adoption of ambient intelligence in retail sector, and growing demand for autonomous vehicles. The global ambient intelligence market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into hardware, software and solutions.
Product Definition:
Ambient intelligence (AmI) is a term used to describe the ability of electronic devices to sense, understand and interact with their surroundings. The goal of ambient intelligence is to create an environment in which all aspects of daily life are seamlessly integrated into a single digital experience. This includes everything from home automation and entertainment systems to health care and transportation.
The importance of ambient intelligence lies in its ability to make our lives easier and more convenient. By automating routine tasks, AmI can free up time for us to focus on more important things. It can also improve our quality of life by providing tailored information and services that meet our specific needs.
Hardware:
Hardware is the part of Ambient Intelligence (AI) that includes sensors, actuators, and other electronic devices. Hardware is used to capture data from different physical environments through sensing techniques such as vibration or movement. This captured data is then transferred to an application for further analysis. The hardware used can be a simple switch or a complex computer system like brain which uses electrical signals from the brain to signify input and output in the form of commands.
Software and Solutions:
Software and Solutions are used in Ambient Intelligence (AI) market to provide solutions for data collection, analysis, and interaction. It helps in enhancing the efficiency of various devices such as wearables, smartphones, home appliances among others by providing them with analytical capabilities.
The software also provides a platform for developers to build AI applications that can be integrated into different systems or products offered by companies.
Application Insights:
The retail segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The application of ambient intelligence in retail provides a real-time assessment of customer behavior, spending patterns, and shopping trends at a store or online. This information can be used by retailers to improve their operations by reducing operating costs and increasing revenues. Furthermore, ambient intelligent solutions help retailers reduce energy consumption by monitoring temperature, lighting levels, ventilation rates & patterns as well as other environmental factors through sensors installed at strategic locations within the stores or online.
The residential segment is expected register significant growth over the forecast period owing to rising demand from end users for solutions that can automate daily tasks such as lighting control & climate control systems while saving energy costs along with reducing human efforts required for these tasks.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period owing to the increasing adoption of ambient intelligence solutions by enterprises and consumers. The region accounted for more than 30% revenue share in 2016, which can be attributed to the presence of prominent players such as IBM Corporation; Google Inc.; Microsoft Corporation; and Amazon Web Services, Inc. Moreover, these companies are continuously investing in research & development activities that would enable them to introduce innovative ambient intelligent products for various applications. For instance, In January 2017, IBM Research introduced a new family of cognitive computing systems called Watson IoT Platform for edge devices with companion tools that allow developers to build apps on top of it.
Asia Pacific is anticipated to emerge as one of the most lucrative regions during the forecast period owing both hardware.
Growth Factors:
- Increasing demand for AI-enabled devices and services
- Proliferation of low-cost sensors and microcontrollers
- Advances in artificial intelligence and machine learning algorithms
- Growing demand for smart cities and connected vehicles
- Emergence of blockchain technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Ambient Intelligence Market Research Report
By Type
Hardware, Software and Solutions
By Application
Residential, Retail, Healthcare, Industrial, Office Building, Automotive, Others
By Companies
Schneider Electric, Ingersoll-Rand, Legrand, Siemens, ABB Group, Honeywell International, Tunstall Healthcare, Philips, Chubb Community Care, Caretech, Assisted Living Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Ambient Intelligence Market Report Segments:
The global Ambient Intelligence market is segmented on the basis of:
Types
Hardware, Software and Solutions
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Retail, Healthcare, Industrial, Office Building, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- Ingersoll-Rand
- Legrand
- Siemens
- ABB Group
- Honeywell International
- Tunstall Healthcare
- Philips
- Chubb Community Care
- Caretech
- Assisted Living Technologies
Highlights of The Ambient Intelligence Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software and Solutions
- By Application:
- Residential
- Retail
- Healthcare
- Industrial
- Office Building
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ambient Intelligence Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ambient intelligence is a term used to describe the ability of machines and other devices to sense their surroundings and act on that information. Ambient intelligence can be used in a variety of ways, including for things like controlling lights or appliances, monitoring environmental conditions, or recognizing people and objects.
Some of the key players operating in the ambient intelligence market are Schneider Electric, Ingersoll-Rand, Legrand, Siemens, ABB Group, Honeywell International, Tunstall Healthcare, Philips, Chubb Community Care, Caretech, Assisted Living Technologies.
The ambient intelligence market is expected to register a CAGR of 14.1%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ambient Intelligence Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Ambient Intelligence Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Ambient Intelligence Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Ambient Intelligence Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Ambient Intelligence Market Size & Forecast, 2018-2028 4.5.1 Ambient Intelligence Market Size and Y-o-Y Growth 4.5.2 Ambient Intelligence Market Absolute $ Opportunity
Chapter 5 Global Ambient Intelligence Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ambient Intelligence Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software and Solutions
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ambient Intelligence Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ambient Intelligence Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Retail
6.2.3 Healthcare
6.2.4 Industrial
6.2.5 Office Building
6.2.6 Automotive
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ambient Intelligence Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ambient Intelligence Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ambient Intelligence Analysis and Forecast
9.1 Introduction
9.2 North America Ambient Intelligence Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ambient Intelligence Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software and Solutions
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ambient Intelligence Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Retail
9.10.3 Healthcare
9.10.4 Industrial
9.10.5 Office Building
9.10.6 Automotive
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ambient Intelligence Analysis and Forecast
10.1 Introduction
10.2 Europe Ambient Intelligence Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ambient Intelligence Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software and Solutions
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ambient Intelligence Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Retail
10.10.3 Healthcare
10.10.4 Industrial
10.10.5 Office Building
10.10.6 Automotive
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ambient Intelligence Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ambient Intelligence Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ambient Intelligence Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software and Solutions
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ambient Intelligence Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Retail
11.10.3 Healthcare
11.10.4 Industrial
11.10.5 Office Building
11.10.6 Automotive
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ambient Intelligence Analysis and Forecast
12.1 Introduction
12.2 Latin America Ambient Intelligence Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ambient Intelligence Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software and Solutions
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ambient Intelligence Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Retail
12.10.3 Healthcare
12.10.4 Industrial
12.10.5 Office Building
12.10.6 Automotive
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ambient Intelligence Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ambient Intelligence Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ambient Intelligence Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software and Solutions
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ambient Intelligence Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Retail
13.10.3 Healthcare
13.10.4 Industrial
13.10.5 Office Building
13.10.6 Automotive
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ambient Intelligence Market: Competitive Dashboard
14.2 Global Ambient Intelligence Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Ingersoll-Rand
14.3.3 Legrand
14.3.4 Siemens
14.3.5 ABB Group
14.3.6 Honeywell International
14.3.7 Tunstall Healthcare
14.3.8 Philips
14.3.9 Chubb Community Care
14.3.10 Caretech
14.3.11 Assisted Living Technologies