Context Rich Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022

Transparency Market
Research

Context Rich Systems Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 – 2022

Published Date
2015-09-14

117 Page Report

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Global Context Rich Systems Market to Surge to US$5.80 bn by
2022, Driven by Smartphones : Transparency Market Research
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Context Rich Systems Market

REPORT DESCRIPTION

Context rich systems or also known as context aware computing systems is a direct response to the
growing demand of reactive & adaptive technology and personalization of the user experience. Context
Rich systems is the accumulation of raw data with the help of analytics. The raw data include awareness of
the surrounding environment and subsequently responds to the user actions. Some of the software’s
designed for consumer centric/ commercial use at mobile platform level include Siri, Cortana and Google
Now. The major beneficiaries of context rich systems can be realized at both commercial and enterprise
level depending upon the requirement of the user. The different applications wherein context rich systems
can play a pivotal role in steering the growth of respective markets include e-commerce & retail industry,
healthcare sector, financial & banking (BFSI) services, travel & hospitality industry and transportation
industry. The ecosystem of the context rich systems market is inclusive of both hardware and software
components. The different hardware assisting the collection of raw data include sensors and actuators
embedded into the various portable devices. Social networking sites wherein most of the customer
information and preferences are generally available in public include, Facebook, Twitter, Pinterest,
Instagram and Google+. In total, there are currently more than 1.40 billion registered users on...