Location-based Ambient Intelligence Market Extensive Growth Opportunities To Be Witnessed By 2019 – 2027
Location-based Ambient Intelligence: Next Big Leap for Consumer Electronics in Healthcare The healthcare sector is converging with the Information and Communications Technology (ICT) sector rapidly, as the need for tech-driven, highly-efficient electronic appliances is growing in various applications, including assisted living. Statistics published by the United Nations state that, in 2013 , elderly people accounted for nearly 12% of the global population, and this number is likely to grow rapidly to reach 21% by 2050. This is expected to give rise to the demand for automatic machine-based assistance for the elderly population, consequently providing a fillip to the growth of the location-based ambient intelligence market . The global market for location-based ambient intelligence reached ~ US$ 91.7 billion in 2018 , and is likely to reach ~ US$ 108 Bn in 2019 , with a two-fifth revenue share occupied its...