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(Wireless-NewsWire.Com, December 06, 2017 ) Context rich systems applications responds and helps users in real-time day to day life activates by sensing information like temperatures, work schedules, facial expressions, locations etc. Some of the examples of context rich systems are the software in smart phones Technologies such as thumb recognition, finger scanning bank account and voice recognition, it attract the customers who are admirers of the modern technology. With the advancement in technology in day to day life, facial recognition and detection is expected to become the main focus areas. It will improve security which in turn will secure the confidentiality of users who have online accounts such as internet and mobile banking, that will certainly led to decrease in identity theft across the world. Face recognition and gesture recognition for human-computer communication is the future, by which people will be capable to interact more efficiently.
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One of the major driving factor surging the growth of context-rich system is growing number of smartphones, increasing penetration of mobiles and connected devices, development of networking services and software technologies as a result there is a need for context-rich system. In addition to this there are several other factors fueling the growth of context-rich system are demand for context aware security, ubiquitous embedded intelligence, data sharing, increasing demand of context-rich system in ecommerce and retail, failing price of electronic are attracting users to the connected world. However, the factor hindering the growth of context-rich system is lack of awareness and lack of technical knowledge about context-rich system. Companies using the technology for better customer reach and an upsurge in global enterprise IT expenditure across various verticals is expected to boost the market over the forecasted period.
Context Rich Systems is segmented on the basis of components which includes Hardware component and Software component and further the market is breakdown as devices such as Laptops/Desktops, Smartphones, Biometrics, Tablets and Satellite Navigation System. Similarly, the market is further segmented on the basis of verticals such as Healthcare Industry, Tourism & Hospitality, Financial, Insurance & Banking, Transportation, e-Commerce & Marketing and Gaming.
Context Rich Systems Market Key Players
- Amazon.Com, Inc.
- Google Inc.
- Microsoft Corporation
- Ds-Iq, Inc.
- Igate Corporation
- Flytxt
- Baidu, Inc.
- Apple Inc.
- Securonix
- Facebook Inc.
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