Context Rich System Market Worth 2.48 Billion USD and Global Forecast by 2020

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MarketsandMarkets Presents
Context Rich System Market by Component , Device
Type , Vertical, and Geography - Global Forecast
to 2020 Context Rich System Market is expected
to be worth USD 2.48 Billion by 2020 at a CAGR of
17.39 during the forecast period.
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Software components expected to lead the
context-rich system market The market for
software components is expected to grow at the
highest CAGR between 2015 and 2020. Software
applications play an important role in the
context-rich system market these include
context-rich computing, ubiquitous computing,
mobile computing, and cloud-based services.
Context-rich systems are based on computing
technologies and use software APIs to develop
apps for smartphones. The advancement in software
technologies and networking services will lead
the context-rich system market. Thus software
components hold the largest market for
context-rich systems, in terms of value. Sample
pages of the Report http//www.marketsandmarkets
.com/requestsample.asp?id808 Market in the
e-commerce and marketing vertical expected to
grow at the highest CAGR between 2015 and
2020 The market for e-commerce and marketing is
expected to grow at the highest CAGR between 2015
and 2020. The high demand for shopping apps and
promotional offers through smartphones for
shopping products is growing rapidly. In the
e-commerce sector, by using context-rich
applications, 
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North America expected to hold the largest market
share and grow at a high CAGR during the forecast
period The context-rich system market in North
America accounted for the largest share in 2014
and is expected to grow at the highest CAGR among
its peers between 2015 and 2020. Reasons for this
growth are adoption of new information
technologies (cloud services, web development,
and other computing technologies)and rising
demand for upgraded technologies. Thus, the
increasing development of software applications
and the presence of big players are expected to
drive the context-rich system market in this
region. Report Information http//www.marketsa
ndmarkets.com/Market-Reports/context-rich-systems-
market-808.html Key players in the ecosystem of
the context-rich system market profiled in this
report are Amazon.com, Inc. (U.S.), Apple, Inc.
(U.S.), Google, Inc. (U.S.), Microsoft
Corporation (U.S.), iGATE Corporation (U.S.),
Baidu, Inc. (China), DS-IQ Inc. (U.S.), Flytxt
(Netherlands), InMobi (Singapore), and Securonix
(U.S.).
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automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT.
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