The Asia Pacific Ambient Commerce Market would witness market growth of 33.4% CAGR during the forecast period (2022-2028).
AI sensors, sensor networks, and pervasive computing are all part of the emerging field of ambient intelligence. Because it is so sensitive to the presence of people around it, this technology is human-centric. It is an advanced artificial intelligence system that can detect human presence and react accordingly. As soon as they hear user’s voice, Siri or Alexa will respond, making them real-world examples of ambient intelligence.
In order to connect with smartphone users while they are buying in physical locations, businesses have been using wireless technologies like iBeacon for a number of years. On the other hand, E-Commerce behemoths such as Amazon and Alibaba start looking at the idea of unmanned supermarkets as part of their Online to Offline (O2O) initiatives. The AmI technology is heavily utilized in these stores. They want to offer a specialized, round-the-clock in-person shopping experience that is equivalent to online shopping.
India has been developing quickly and is more open to implementing cutting-edge technologies to boost enterprises. Several sectors across numerous verticals are investigating various drivers of growth, possibilities, and success under the direction of technological advancement. In order to advance further, the nation has been watching many technical developments and has been experimenting with augmented & virtual reality for some time. Customers benefit from an interactive experience when augmented reality is integrated into enterprises. These all factors are supporting the market growth in the region.
The China market dominated the Asia Pacific Ambient Commerce Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,732.9 Million by 2028. The Japan market is exhibiting a CAGR of 32.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 34.2% during (2022 - 2028).
Based on End-use, the market is segmented into Department Stores, Convenience Stores, Supermarkets, Grocery Stores, and Others. Based on Component, the market is segmented into Sensors, Cameras, Actuators, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Ambient Commerce Market is Projected to reach USD 33.6 Billion by 2028, at a CAGR of 32.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apple, Inc., Amazon.com, Inc., Tesco PLC, Alibaba Group Holding Limited, Trigo Vision Ltd., Adroit Worldwide Media, Inc., Grabango Co., Zippin, Standard Cognition, Corp., and Sensei.
By End-Use
By Component
By Country
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