Pervasive Computing Market: Global Industry Analysis and Forecast (2023-2029)

The Pervasive Computing Market size was valued at US$ 5.34 Bn. in 2022 and is expected to grow at a CAGR of 11.32 % over 2023-2029, it is expected to reach US$ 11.31 Bn. in 2029.
Pervasive Computing Market Overview:
Pervasive Computing (Ubiquitous Computing) is a concept in computer science and software engineering where computing is made to appear everywhere and anytime. Pervasive computing means embedding microprocessors in mobile devices like wearable computing devices, smartphones, sensors, tablets. Pervasive computing is the novel trend toward embedding daily objects with microprocessors so that they can communicate information. The underlying technologies like internet capabilities, wireless communications, sensors, advanced middleware, networking I/O, and user interfaces, mobile protocols, voice recognition support pervasive computing, embedded systems, AI, location, and positioning.To know about the Research Methodology:- Request Free Sample Report

Pervasive computing will offer us small portable personal assistant devices having wireless communication, coin-sized disk device, data storage in persistent memory, lower power consumption rate, high speed, small colour display video, and speech processing technology. All these features will give the users the freedom to efficiently communicate and access information from any place in the globe at any time.
Pervasive Computing and the (IoT) Internet of Things:
Nowadays, pervasive computing (Ubiquitous Computing) is also identified as Internet-of-things (IoT) which means connecting everyday objects to devices and networks. The IoT has largely changed out of pervasive computing. Like pervasive computing, IoT-connected devices communicate and offer notifications about usage. The vision of pervasive computing is computing power extensively dispersed through daily life in everyday objects.

Internet of things (IoT) can employ wireless sensor networks. In one application of the technology, such as an Apple Watch, the processing and collection of data is better sent directly to a server on the internet in which the computing technology is consolidated.
Pervasive Computing Market Dynamics:
The emergence of smart devices and technological proliferation around the globe is driving the growth of the pervasive computing market globally. The machine-to-machine (M2M) communications, reduced production cost & data communications cost, and decrease the size of the transistors, these factors are leading to the growth of the global pervasive computing market. Furthermore, the developing application of pervasive computing technology in different industries around the world is expected to create market opportunities for the global pervasive computing market during the forecast period.

On the flip side, user privacy concerns alongside energy management issues may hamper the growth of the pervasive computing technology market. The pervasive computing market faces many technological challenges for instance, energy management issues, flaws in human-machine interfaces, cyber forage, users’ intent, and context awareness along with user privacy concerns. From the perspective of big data, the challenge for ubiquitous computing is to integrate data from numerous disparate sources.
Pervasive Computing Market Segment Analysis:
Retail Segment is Expected to Account for the Largest 12.56% Market Share By 2029.



Based on Applications, the retail segment is projected to witness the highest CAGR of 12.56% during 2023-2029. In the retail industry, there is a necessity for faster and cheaper methods to carry goods to the buyer from stores by the Internet. Mobile computers are provided with bar code readers for tracking the product throughout manufacture. Presently consumers use computers to select products. In the future, consumers will use pervasive devices and PDA (Personal Digital Assistant) in the domestic markets too.
The Summary of Technology to be Developed, Which Countries on the Globe Are Driving:
Pervasive Computing Market Reginal Analysis:
North America accounted for the largest market share in 2022, with a market value of US$ xx Bn; the regional market is expected to register a CAGR of 13.03% during 2023-2029. The development of the market in the USA is ascribed to the growing use of cell phones among individuals. North America and Europe are considered to be matured countries in terms of technology adoption thanks to the presence of major players like IBM Corporation in the respective region are expected to drive the growth of the pervasive computing market during 2023-2029.

The U.S. is expected to lead the North American market, generating revenue worth $ xx Bn. by 2029. The U.S s leading technologies in approximately all fields related to pervasive computing. The United States goals to develop Peta-grade high-performance computing technology in the field of hardware as part of its strategy for technology advancement.

In the APAC region, emerging economies like India and China are expected to drive the demand for pervasive computing because of expansion in the automotive industry, growing smartphone penetration, and rising number of internet subscribers.

The objective of the report is to present a comprehensive analysis of the global Pervasive Computing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Pervasive Computing Market dynamic, structure by analyzing the market segments and projecting the Pervasive Computing Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Pervasive Computing Market make the report investor’s guide.
Pervasive Computing Market Scope: Inquire before buying



Pervasive Computing Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 5.34 Bn.


Forecast Period 2023 to 2029 CAGR:
11.32 %
Market Size in 2029:
US $ 11.31 Bn.


 Segments Covered:
by Type
• Distributed Computing
• Mobile Computing
• Location Computing
• Mobile Networking
• Context-Aware Computing
• Sensor Networks
• Human-Computer Interaction
• Artificial Intelligence


by Applications
• Retail
• Airlines booking and check-in
• Sales force automation
• Healthcare
• Tracking
• Car information System
• Email access via WAP and voice



Pervasive Computing Market, by Region
● North America (United States, Canada and Mexico)
● Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
● Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
● Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
● South America (Brazil, Argentina, Columbia and Rest of South America)
Pervasive Computing Market, Key Players are:
• Blazon Marketing Inc.,
• E-Tron CO.,
• Hewlett-Packard,
• Neo Metal Co., Ltd.,
• Palo Alto Research center Incorporated (PARC),
• T&T Inc.,
• Maruhachi Warehouse Co., Ltd.,
• IBM Corporation,
• Fujitsu Laboratories of America, Inc.,
• Tata Consultancy Services Limited.
Frequently Asked Questions:
1] What segments are covered in the Pervasive Computing Market report?
Ans. The segments covered in the Pervasive Computing Market report are based on Type, and Application.

2] Which region is expected to hold the highest share in the Pervasive Computing Market?
Ans. North America region is expected to hold the highest share in the Pervasive Computing Market.

3] What is the market size of the Pervasive Computing Market by 2029?
Ans. The market size of the Pervasive Computing Market by 2029 is US$ 11.31 Bn.

4] What is the forecast period for the Pervasive Computing Market?
Ans. The forecast period for the Pervasive Computing Market is 2023-2029.

5] What was the market size of the Pervasive Computing Market in 2022?
Ans. The market size of the Pervasive Computing Market in 2022 was US$ 5.34 Bn.