ALL >> General >> View Article
Wireless Sensor Network Market Opportunities And Challenges

The growth of Wireless Sensor Network Market is propelled by the development of cheaper, smarter, and smaller sensors; expanding market for smart and wearable devices; increasing need for real-time computing of applications; and surge in demand for IoT sensors for various applications such as sensing, recognition, and interpretation.
The market was valued at USD 29.06 Billion in 2016 and is expected to reach USD 93.86 Billion by 2023, at a CAGR of 18.55% between 2017 and 2023.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=445
Software to grow at highest CAGR during the forecast period
The software components of WSNs include platforms and solutions that are vital for applications such as data collection or remote monitoring. Software solutions are designed to meet the interoperability challenges that arise due to varied heterogeneous devices, and to manage a large volume of data and their security and privacy. Factors such as increasing number of connected devices and rising need for remote monitoring have led to the growing adoption of software solutions.
Image ...
... sensors is expected to grow at highest CAGR during the forecast period
The adoption of image sensors is growing rapidly for building automation, automotive, retail, and other applications. Security and access control systems have become an integral part of the safety and security of the buildings and their occupants and video surveillance is crucial in improving the security level in buildings such as homes, offices and retail leading to higher adoption of image sensors in video surveillance systems.
North America held a major share of the WSN market in 2016
The increased R&D in the field of IoT, in terms of new and improved technologies, as well as the rising demand for improved lifestyle are the two crucial factors driving the growth of the wireless sensor network market in North America. In addition, the increasing R&D at both academic and industry levels is broadening the application areas of IoT in different applications such as building automation, retail, automotive & transportation, and healthcare, especially in the US.
Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=445
The major players in the wireless sensor network market include Intel Corporation (US), ABB Ltd. (Switzerland), Texas Instruments Inc. (US), Huawei Investment & Holding Co., Ltd. (China), Cisco Systems Inc. (US), STMicroelectronics N.V. (Netherlands), TE Connectivity Ltd. (Switzerland), NXP Semiconductor N.V. (Netherlands), Dell Inc. (US), Hewlett Packard Enterprise Company (US), Robert Bosch GmbH (Germany), Advantech Co., Ltd. (Taiwan), Honeywell International Inc. (US), Broadcom Limited (US), Infineon Technologies AG (Germany), Emerson Electric Company (US), Analog Devices Inc. (US), Eurotech S.p.A (Italy), Invensense Inc. (US), and Sensirion AG (Switzerland). Some of the important start-ups in the market are SmartThings Inc. (US), Episensor Ltd. (Ireland), Notion (US), Helium Systems Inc. (US), and Beep Inc. (US).
Add Comment
General Articles
1. The Return Of National Window Film Day: Highlighting Uv Protection And Skin Cancer PreventionAuthor: Home Window Film San Antonio
2. Bapesta: The Iconic Streetwear Sneaker That Defined A Generation
Author: BAPESTA - A BATHING APE BAPE Shoes For Men Women
3. The Role Of Best Proctologists In Chennai In Managing Colon And Rectal Diseases
Author: Dr Sundhar
4. Good Morning Shayari For Gf-bf
Author: Banjit
5. Work Management Systems Vs. Project Management Tools: What’s The Difference?
Author: TrackHr App
6. Python Full Stack Training | Online Training In Hyderabad
Author: Hari
7. Explore The Living Root Bridges & Caves Of Meghalaya From Guwahati
Author: Sumeet Chopra
8. Latest Designer Printed Sarees Online
Author: Cbazaar
9. Buy Latest Crystal Sarees Online
Author: Cbazaar
10. Web Design Company India | Website Redesign | Sathya Technosoft
Author: Sathya Technosoft
11. Web Design Company In Mumbai: Building Digital Success For The Modern Business
Author: neetu jaiswal
12. Digital Marketing Agency In Dubai: Driving Business Growth In The Digital Age
Author: neetu jaiswal
13. Cheapest Smm Panel – A Quick And Easy Way To Boost Social Media
Author: Indianvipsmm
14. The Reliable And Amazing Packaging Supplier
Author: Forever Gleam Chemicals (Aust) Pty Ltd
15. Top 5 Sign Boards To Boost Your Business Visibility In 2025
Author: Ishan Jolly