The Ambient Intelligence Market size is estimated at USD 108.01 billion in 2024, and is expected to reach USD 209.25 billion by 2029, growing at a CAGR of 14.14% during the forecast period (2024-2029).
Ambient intelligence is an emerging multidisciplinary setup environment wherein the solution operates at the nexus of numerous technologies, such as advanced sensor networks, big data, artificial intelligence, pervasive-ubiquitous computing, and human-computer interaction (HCI).
The Global Ambient Intelligence Market is fragmented, with many players present. Some major players, including Schneider Electric S.E., Ingersoll-Rand PLC, Legrand SA, Siemens AG, ABB Group, and Honeywell International Inc., are adopting strategies for developing the market, like new product development, global expansion, acquisitions, and investments.
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