ICT RESEARCH REPORTS Ambient-Intelligence-Market | Page 2
and reduce physician burnout. In April 2017, Ambient Clinical Analytics received US$ 5.4 Mn in
funding for its enhancing its Clinical Decision Support and Control Tower Software Platform. For
this, it uses licensed Mayo Clinic technologies, which include over 1,000 rules and algorithms to
provide critical care providers real-time access to vital process-of-care information and analytics
at the point-of-care, as well as from a central Clinical Control Tower.
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Ambient Intelligence Projects
AISense, Inc. — a U.S.-based company — is working on a project to transform everyday voice
conversations through ambient voice intelligence that enables storing, searching, sharing, and
analyzing voice conversations, the same way as users can with emails and text messages.
Additionally, in November 2017, Osram Continental GmbH is a planned joint venture between
Continental AG and Osram for intelligent lighting solutions in the automotive sector.
The global ambient intelligence market is segmented on the basis of regions into North America,
Europe, Asia Pacific, Latin America and Middle East, and Africa. North America market accounted
for the largest share in the market, in 2016. This growth is attributed to increasing demand for
smart buildings in the region. According to Coherent Market Insights’ analysis, the smart building
market is expected to increase at a CAGR of about 18% by 2025. Rising focus on safety and
security coupled with increasing concerns related to energy efficiency, and emission reduction
are expected to drive growth of the smart building market. As the smart building projects are
increasing, demand for advanced ambient assisted technology is expected to increase, which will
boost growth of North American ambient intelligence market.
Competitive Background
Major players operating in the global ambient intelligence market include Schneider Electric S.E.,
Ingersoll-Rand PLC, Legrand SA, Siemens AG, ABB Group, Honeywell International, Inc., Tunstall
Healthcare Ltd., Koninklijke Philips N.V., Chubb Community Care, Caretech Ab, Assisted Living
Technologies, Inc., Getemed Medizin- Und Informationstechnik AG, Medic4all Group, Telbios,
Televic N.V., and Vitaphone GmbH.
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