Ambient Intelligence Market Foreseen to Grow Exponentially over 2025

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The global ambient intelligence market is segmented on the basis of regions into North America, Europe, Asia Pacific, Latin America and Middle East, and Africa. North America market accounted for the largest share in the market, in 2016. This growth is attributed to increasing demand for smart buildings in the region. According to Coherent Market Insights’ analysis, the smart building market is expected to increase at a CAGR of about 18% by 2025. Rising focus on safety and security coupled with increasing concerns related to energy efficiency, and emission reduction are expected to drive growth of the smart building market. As the smart building projects are increasing, demand for advanced ambient assisted technology is expected to increase, which will boost growth of North American ambient intelligence market.

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Ambient Intelligence is a part of pervasive computing environment that aids in interacting with and respond to humans in that environment. Moreover, its features includes activity recognition, reasoning, and decision making. For instance, sensor networks are utilized for data collection; and human computer interaction enables natural interfaces.

Ambient intelligence is a technology helps in gathering digital information to make interactions between human and computer, easy by expanding the interface media and making it available for smartphone devices and other modes of portable communication. Furthermore, it enables computers to adapt to their user preferences.

The innovative interface paradigms of ambient intelligence technology can be used for application in the healthcare sector to improve various real time solutions, including continuous monitoring health systems and providing diagnosis on various health conditions. For example, in September 2017, Nuance launched artificial intelligence (AI)-powered virtual assistant solution designed specifically for healthcare providers, which is expected to improve patient experience and reduce physician burnout. In April 2017, Ambient Clinical Analytics received US$ 5.4 Mn in funding for its enhancing its Clinical Decision Support and Control Tower Software Platform. For this, it uses licensed Mayo Clinic technologies, which include over 1,000 rules and algorithms to provide critical care providers real-time access to vital process-of-care information and analytics at the point-of-care, as well as from a central Clinical Control Tower.

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