AMBIENT INTELLIGENCE MARKET ANALYSIS
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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