Advent of bring your own device (BYOD) and internet-connected devices for residential and business purposes, has procured the existence of personal ecosystems, and the subsequent demand for applications based on context-rich systems. This is a major factor expected to drive the growth of the global context-rich system market during the forecast period.
The emergence of technologies is addressing enhanced security concerns for online transactions through context-rich systems such as the authentication of users through facial detection and recognition. This is also a factor expected to fuel the growth of the global context-rich system market. However, end users’ data privacy issue is a factor that can hamper the growth of the global market to a certain extent.
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The global context-rich system market is segmented based on component, device type, industry vertical, and region. Based on components, it is categorized into hardware, software, and services. By hardware, the market is further sub-segmented into sensors, mobile processors, and Bluetooth low-energy chip.
Based on device type, it is classified into tablets, biometrics, smartphones, desktops/laptops, and satellite navigation system (Satnav). Based on industry vertical, it is divided into gaming, healthcare, transportation, tourism and hospitality, e-commerce and marketing, and banking, finance, & insurance. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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This report provides the profiles of the key players in the global context-rich system market, which include Amazon.Com, Inc., Google LLC, Microsoft Corporation, Apple Inc., Baidu, Inc., Ciklum ApS, DS-IQ, Inc., Flytxt B.V., Igate Corporation, InMobi Pte Ltd., and Securonix, Inc. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global context-rich system market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the global context-rich system market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the global context-rich system industry.
- A quantitative analysis of the global context-rich system market is provided to determine the market potential.
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