Wireless Sensor Network (WSN) Market Current and Future Industry Trends, (2018 – 2024)

 Wireless Sensor Network (WSN) is a deployment of several devices equipped with sensors that perform a collaborative measurement process. Working process of sensor networks involved sensor, wireless communication modules, open source API. It is the most standard services employed in commercial and industrial applications, because of its technical development in a processor, communication, and low-power usage of embedded computing devices. It contains a large number of circulating, self-directed, minute, low powered devices named sensor nodes called motes. It is mainly used to monitor physical or environmental conditions such as air pollution, forest fire detection, landslide detection, water quality monitoring, natural disaster prevention etc.

Market Dynamics

There are number of applications of wireless sensor network in environmental, industrial, medical, transportation among others. Increasing security concerns demand the various monitoring devices tracking and environment monitoring surveillance application, health applications, such as tracking and monitoring of patients and doctors increases the demand of wireless sensor network market. Rising security and safety concerns coupled with increasing awareness of security devices are expected to drive the wireless sensor network (WSN) market. Due to the high technological adoption in developed countries like U.S., Canada, and France among others. The increasing demand mainly from the developing regions like Middle East & Africa, Asia-Pacific, and South American countries are also driving the market. The emerging markets such as India, China, Brazil, Southeast Asia, and Japan are expected to change the trends and dynamics of the market in the future.

Segment Overview

The global Wireless Sensor Network (WSN) market is estimated to register a CAGR of around 15.0% between 2018 and 2024. The market is mainly driven by the increasing demand from applications such as transportation and logistics, smart building, smart grids and energy, healthcare, security etc. Increasing investments in new infrastructure developments and an increase in GDP of China and India are increasing the demand of Wireless Sensor Network (WSN) market. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World.

Type,

·         Hardware

·         Software

·         Services

Application,

·         Building Automation

·         Wearable Devices

·         Healthcare

·         Industrial

·         Automotive & Transportation

·         Oil and Gas

·         Retail

·         Agriculture

·         Aerospace & Defence

·         BFSI

Regional Segment Analysis

·         North America

o   U.S.

o   Mexico

o   Canada

·         Europe

o   UK

o   France

o   Germany

o   Italy

·         Asia Pacific

o   China

o   Japan

o   India

o   Southeast Asia

·         Latin America

o   Brazil

·         The Middle East and Africa

o   GCC

o   Africa

o   Rest Of MEA

Top players like,

·         Hewlett Packard Enterprise Co.

·         NXP Semiconductors N.V.

·         Stmicroelectronics N.V.

·         TE Connectivity Ltd.

·         Advantech Co., Ltd.

·         ABB Ltd.

·         Intel Corporation

·         Huawei Investment & Holding Co., Ltd.

·         Dell Incorporation

·         Texas Instruments Inc.

·         Cisco Systems Inc.

·         Honeywell International Inc.

·         Broadcom Limited

·         Srobert Bosch GmbH

·         Eurotech S.P.A

·         Invensense, Inc.

·         Infineon Technologies AG

·         Analog Devices, Inc.

·         Emerson Electric Company

·         Sensirion AG

·         Start-Up Ecosystem