Context Rich Systems Market

Context Rich Systems Market
REPORT DESCRIPTION
Context rich systems or also known as context aware computing systems is a direct response to the
growing demand of reactive & adaptive technology and personalization of the user experience. Context
Rich systems is the accumulation of raw data with the help of analytics. The raw data include awareness of
the surrounding environment and subsequently responds to the user actions. Some of the software’s
designed for consumer centric/ commercial use at mobile platform level include Siri, Cortana and Google
Now. The major beneficiaries of context rich systems can be realized at both commercial and enterprise
level depending upon the requirement of the user. The different applications wherein context rich systems
can play a pivotal role in steering the growth of respective markets include e-commerce & retail industry,
healthcare sector, financial & banking (BFSI) services, travel & hospitality industry and transportation
industry. The ecosystem of the context rich systems market is inclusive of both hardware and software
components. The different hardware assisting the collection of raw data include sensors and actuators
embedded into the various portable devices. Social networking sites wherein most of the customer
information and preferences are generally available in public include, Facebook, Twitter, Pinterest,
Instagram and Google+. In total, there are currently more than 1.40 billion registered users on Facebook, 1
billion on Google+, 300+ million on Twitter and the number of registered users continue to grow.
Companies are leveraging on the technology and tools to outreach to vast numbers of active users among
these social networking sites. Most of the companies are expected to leverage on tools and techniques to
gather information and provide context rich and right information to the customers at the right time.
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This research study on the global content rich systems (CRS) market provides a detailed analysis of various
types of devices which enable context rich analytics and thus driving the rising demand for this service in
various application sectors. The report also offers an in-depth analysis of various factors such as market
drivers, restraints, and growth opportunities affecting the market dynamics. These factors enable the
analysis of various trends that would impact the market during the forecast period from 2015 to 2022. The
report includes a comprehensive coverage of the underlying economic and technological factors under key
trend analysis influencing the CRS market. Furthermore, the report aims to provide strategic insights into
the ecosystem of CRS market by applying value channel analysis. The market positioning analysis of key
players throws a light on the prevalent competition in this market.
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Based on the device type, the CRS market is segmented into Smartphones, Tablets, Desktops and
Netbooks/Laptops. Based on factors such as budget, scalability, flexibility, and ease of use, user tend to
choose a best-fit device in order to cater to their requirements and daily usage. Another factor that plays a
key role in the adoption of CRS services and solutions is the type of application sector. Depending on the
application sector, CRS solutions vary in terms of individual company requirements and compliance
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