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Ambient Intelligence Market Analysis

  • Report ID: GMI6820
  • Published Date: Sep 2023
  • Report Format: PDF

Ambient Intelligence Market Analysis

The hardware segment held over 57% of the ambient intelligence market share in 2022. Advancements in sensor technology play a pivotal role in propelling the hardware segment growth. Such advancements make sensors more cost-effective, energy-efficient, and versatile, enabling a wider range of applications for ambient intelligence systems. The improved capabilities of sensors, such as motion detectors, environmental sensors, and image sensors, enhance the ability of ambient intelligence systems to capture & process data from the environment. As a result, the demand for such sophisticated sensor technologies is surging across sectors, further driving segment growth.
 

Ambient Intelligence Market Share, By End User Industry, 2022

The healthcare segment accounted for 22% of the ambient intelligence market share in 2022. Ambient intelligence technology for clinical documentation is driving growth in the healthcare segment. By automating and streamlining the documentation process using voice AI and generative AI, healthcare providers can improve efficiency & accuracy in patient records.
 

For instance, in June 2023, Augnito, a provider of voice AI solutions, announced its plan to introduce ambient technology to the global healthcare sector. Augnito aims to transform clinical documentation, simplify administrative tasks, and empower healthcare professionals with unmatched efficiency & precision by merging this pioneering technology with generative AI capabilities.
 

U.S. Ambient Intelligence Market Size, 2021 -2032, (USD Billion)

North America ambient intelligence market recorded more than 35% of revenue share in 2022. The widespread adoption of ambient intelligence systems is significantly propelling the regional market growth. The region's robust technological infrastructure, high consumer awareness, and early adoption of smart home & IoT devices further contribute to this growth.
 

For instance, in February 2023, Ambience Healthcare, a prominent AI company dedicated to enhancing healthcare services, launched its fully automated AI medical scribe, Ambience AutoScribe. This groundbreaking solution, which is currently deployed by healthcare provider organizations across North America, is transforming the patient visit documentation process, marking a significant shift in the way healthcare providers record patient interactions.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of ambient intelligence reached USD 82.1 billion in 2022 and is set to witness over 13.5% CAGR between 2023 and 2032, due to the rapid advancement of IoT technology.

The hardware component segment held over 57% of the market share in 2022, driven by higher advancements in sensor technology.

The healthcare end user segment held 22% of the market share in 2022, attributed to the surging need for automating and streamlining the documentation process using voice AI and generative AI.

North America garnered over 35% of the market share in 2022, owing to the robust technological infrastructure, high consumer awareness, and early adoption of smart home & IoT devices in the region.

Ambient Intelligence Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 18
  • Tables & Figures: 297
  • Countries covered: 21
  • Pages: 250
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