Location-based Ambient Intelligence Market Share

North American Market Statistics

 North America industry is predicted to hold largest revenue share of 47% by 2037, propelled by surge in the adoption of sophisticated technologies and current technological integration in the region. . The landscape growth in the region is expected to grow as a result of the surge in the adoption of sophisticated technologies, and current technological integration is the main cause of the region's lucrative growth. According to the International Energy Agency (IEA), US energy infrastructure spending will increase by 10% in 2021. Furthermore, the region's need for smart energy has grown dramatically over the last few years, drawing investors to the energy management industry.

Moreover, there has been a surge in smart home products, along with the existence of several companies, coupled with growing consumer awareness of energy conservation. The generation of data in corporate enterprises is further driving industrial growth, hence influencing the location-based ambient intelligence market revenue share.

APAC Market Analysis

The Asia Pacific region will also encounter a huge influence on the location-based ambient intelligence market size expansion during the forecast period and will account for the second position attributed to the growing advancements in technology and consumers' strong desire to employ more advanced artificial intelligence.

Moreover, in Asia-Pacific, edge deployments are expanding at a rate 4x faster than that of digital core projects. It is projected that the global infrastructure edge footprint will reach 40.0 gigatons by 2028, with 63.0% of that support going to the business, transportation, manufacturing, energy, and healthcare sectors.