Pervasive Computing Technology Market Growth being forseen to grow between 2024 and 2032 due to Increasing Consumer Demand for Smart Devices
Pervasive Computing Technology Market - Forecast to 2032
Pune, India, December 2018/MRFR Press Release/- Market Research Future has published a half-cooked research report on the Global Pervasive Computing Technology Market.
Market Highlights
The concept of pervasive computing technology is about the capability of using various computing devices to communicate wirelessly without any user interaction. Market Research Future (MRFR) has published a research report on the global pervasive computing technology market that predicts growth for this market between 2024 and 2032.
The pivotal factors that are assisting the growth of the global pervasive computing technology market are increasing consumer demand for smart devices and reduced cost of data communication. With the investment rising and market experiencing the existence of many new players, the global market for pervasive computing is set to remain strong. Other factors pushing the market growth include the increasing adoption of 5G technology and artificial intelligence (AI).
The global pervasive computing technology market has been segmented on the basis of application, components, technology, and lastly, region. Regarding application-based segmentation, this market has been segmented into gesture recognition, information access, mobility & networking, multimedia document retrieval, security, speech recognition, text retrieval, and privacy & management.
The components-based segmentation segments this market into hardware, software, and solutions. Hardware has been sub-segmented into Bluetooth handsfree, cameras, communication devices, sensors & actuators, servers, smartphone, smart wearable devices (watch camera & watch phone), softphone, and web server. As per technology, the market has been segmented into 3G, 4G, WiFi, and Wireless Local Area Networks (WLANs).
The regional segmentation of the global pervasive computing technology market segments the global market into regional markets known as North America, Asia Pacific, Europe, and rest of the world (RoW). North America holds the largest market share in the global market, and during the forecast period, it is expected to grow at the fastest rate due to the increasing usage of smartphones among people, the presence of many key market players, and technological advancement. The most important country-specific markets in this region are USA, Canada, and Mexico.
Europe is another important regional market which is expected to grow during the forecast period. In this region, the market is growing due to the presence of many key players and technological advancement that is second only to North America. The significant country-specific markets in this region are Germany and the UK, followed by the remaining countries of Europe.
In the Asia Pacific region, the market is growing due to the advancements in the consumer electronics industry. Important country-specific markets in this region are China, India, and Japan, followed by the remaining countries of the Asia Pacific region.
In the RoW segment, the Latin America and Middle East & Africa (MEA) are expected to grow steadily due to limited technological advancement and slowly increasing trends of cloud services.Key Players:
The key players in the global pervasive computing technology market include AT&T Inc. (USA), Cloudera (USA), E-Tron Co. Ltd (South Korea), Fujitsu Ltd. (Japan), Hewlett-Packard Company (USA), International Business Machines Corporation (USA), Microsoft Corporation (USA), Oracle Corporation (USA), SAP SE (USA), and Tata Consultancy Services Limited (India).
Latest Industry News
- InsightEdge provider GigaSpaces, has made InsightEdge Platform v14.0 and XAP v14.0 available to public. Their objective is to simplify customers’ development and deployment of applications that are required for mission-critical and time-sensitive services. 5 DEC 2018
- Leading smart products and applications provider Veea, Inc. has made the VeeaHub Smart Store, available to the public. The VeeaHub Smart Store is a complete hardware and software solution that has replaced existing WiFi access points and other on-premise point solutions, through a single convergence device. 17 DEC 2018
- Xilinx Inc., a leading adaptive and intelligent computing provider is set to introduce new programmable engine fabric and multiple AI technologies, visualizing them as the “future of computing.” 20 AUG 2018
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