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Semiconductor Wireless Sensor Internet of Things (IoT): Market Shares, Strategies, and Forecasts, Worldwide, 2014 to 2020

  • February 2014
  • 492 pages
  • WinterGreen Research
Report ID: 2029312

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Internet of things and to monitor pipelines, oil wells, and healthcare patients to illustrate the variety of projects supported by these networks.
Semiconductor wireless sensor networks are used for bridge monitoring, implementing the smart grid, implementing the Internet of things, and monitoring for security implementation. The systems are used to implement energy savings in homes and commercial buildings, almost anything can be monitored with sensors and tracked on a smart phone. Projects are ongoing.
With 9 billion devices connected to the Internet in 2014, phenomenal growth is likely to occur when that number rises to 100 billion by 2020. Businesses control devices with sensors and wireless sensor networks (WSNs).

The sensors connected to the Internet promise to bring a big data explosion. Much of the data will be discarded, as users get simply overwhelmed by vast volumes. Analytics will become popular inside the wireless sensor networks so that alerts are generated at the point of collection of data.
The issue is how to embed analytics into the wireless sensor network control units so that only the alert data needed is transmitted. Users of information need to be able to find, control, manage, and secure the information coming from sensors onto the network. Users need to analyze and exploit the information coming from sensors.
Advanced technologies for wireless sensor networks are associated with emerging ways of interconnecting devices that have never been connected before. Networking is based on leveraging the feasibility of making sensors work independently in groups to accomplish insight not otherwise available. Advanced storage devices are emerging simultaneously with the energy harvesting devices that are economical, making sensor networks feasible. Storage devices can leverage the power captured by energy harvesting when sensors and devices are interconnected as a network.

Data storage technologies connected to the sensors are permitting far better control of the world around us, implementing vastly improved energy efficiency as lights and hearting are turned on and off just as needed. Wireless sensor networks implement cost-effective systems.
Wireless sensor networks are developing a market presence. They are set to power wireless sensor network proliferation. Independent sensor devices located almost anywhere have attained workable levels of efficiency.
The proliferation of apps on smart phones will drive growth of semiconductor wireless sensor networks markets because the sensors work directly as they are installed without excess labor and wiring that has been necessary previously, making the systems more convenient to install and run.
Healthy lifestyle choices can increase the length of DNA sequences found at the end of a person's chromosomes and reverse aging. This discovery is likely to increase interest in monitoring and testing DNA sequences and looking at the ends of the chromosomes. This discovery is likely to increase a shift toward wellness initiatives. It has stimulated the need for better communication between clinicians and patients. New sensor technology creates the opportunity for monitoring and testing. Wireless sensor network devices can be used to send alerts to at risk people who are exercising.

Wireless sensor networking is set to grow as sensors are freed from the grid and networks implement connectivity that is mesh architecture based. Converting ambient energy to useable electrical energy harvesting (EH) systems creates the opportunity to implement wireless sensor networks. These networks interconnect an inexpensive and compact group of devices and sensors. The networks use wireless capability to power portable electrical devices.
According to Susan Eustis, lead author of the WinterGreen Research team that prepared the semiconductor wireless sensor network market research study, “Semiconductor wireless sensor network markets are evolving as smart phone devices and technology find more uses throughout the landscape of the Internet of Things. Sensors can provide monitoring that has not previously been available. Differential diagnostic tools support provide differential information that helps manage our daily lives from traffic patterns to crime detections, to medical treatment.”
“The decision process take into account clinical findings from the home monitoring devices and from symptoms verbally communicated in a clinical services setting. Improved economics of healthcare delivery implementation is facilitated by wireless sensor networks. This is true across the spectrum of things that can be monitored by sensors”

Semiconductor Wireless Sensor Networks Markets at $2.7 billion in 2013 are forecast to reach $12 billion Worldwide by 2020. Wild growth, frequently measured as penetration rates is a result of the change out of wired sensor networks for wireless ones. In addition, the wireless networks have a broader reach than the wired ones did, spurring market extensions in a variety of applications, some not even thought of so far.
Market growth is dependent on emerging technology. As the wireless technology, the solid state battery, the sensor technology, smart phone technology and the energy harvesting technology all become commercialized, these devices will be used to implement wireless sensor networks. The semiconductor wireless sensor networks markets will be driven by the adoption of 9 billion smart phones by 2020, creating demand for apps that depend on sensor networks.

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