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Context Rich System Market Company Profiles and Competitive Landscape Analysis



The Context-Rich System Market is expected to be worth USD 2.48 Billion by 2020 at a CAGR of 17.39% during the forecast period. It holds a great potential in the e-commerce and marketing vertical. Context-rich systems use different sensors for analyzing different situations or conditions and generate response accordingly for users in real-time.
The market in the tourism and hospitality sector is expected to grow at the highest rate since context-rich system applications has a lot of scope in this sector in the form of digital guides and location-based services.
Market Ecosystem:
This report provides valuable insights regarding the ecosystem of this market such as product and application developers, OEMs, system integrators, middleware and firmware providers, suppliers and distributors, cloud-based service providers, mobile network providers, software developers, mobile sensors providers, mobile manufacturers, and standardization & testing firms. This study answers several questions for stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing the efforts and investments.

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The Target Audience:
  • Context-rich system and application developers
  • Software providers
  • Research organizations and consulting companies
  • Associations, forums, and alliances related to context-rich systems
  • Investors
  • Key players
North America accounted for the largest share of the context-rich system market in 2014; the market in the region is expected to grow at a high CAGR between 2015 and 2020. The increasing demand of smartphones and tablets and the preference for advanced technologies are driving the market in the North American region.
One of the key restraining factors in the context-rich system market is the lack of awareness and technical knowledge about the context-rich system applications and context-aware computing technology. It is necessary to make it clear is how efficiently customers can gain several benefits from the use of context-rich system applications. Amazon.com Inc. (U.S.) is among the leading players in context-rich systems and is involved in the direct use of cloud services, context-aware computing, web services, and adaptive computing technology. The major strategy adopted by this company is new product development to expand its present context-rich system market.
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