1. Market Research
  2. > Information Technology Market Trends
Wireless Sensor Network Market by Offering, Sensor Type, Connectivity Type, End-user Industry, and Region - Global Forecast to 2023

Wireless Sensor Network Market: Global Forecast until 2023

  • June 2017
  • 248 pages
  • ID: 4960850
In this report:
The wireless sensor network market for sensor type, by end-user industry, registered a shipment of ##,##.## thousand units in 2016 and is expected to reach ##,##,##.## thousand units by 2023, at a CAGR of ##.##% during the forecast period.
The wireless sensor network market for memories for the wearable devices registered a shipment of ##,##.## thousand units in 2016, which is expected to ##,##.## thousand units by 2023, at a CAGR of ##.##% between 2017 and 2023.

Summary

Table of Contents

Search Inside

"Wireless sensor network market is anticipated to grow at a CAGR (Compound annual growth rate) of ~18.5 percent between 2017 and 2023."

The global wireless sensor network market was estimated at ~$29.1B in 2016 and is forecasted to reach ~$93.9B by 2023, at a compound annual growth rate (CAGR) of ~18.5 percent between 2017 and 2023. The increase of this market is propelled by the development of cheaper, smarter, and smaller sensors; expanding market for smart and wearable devices; growing need for real-time computing of applications; and surge in demand for IoT sensors for several applications including sensing, recognition, and interpretation. Nevertheless, Elements such as growing concerns regarding security and privacy of network platforms and lack of standardization of protocols for devices to be able to communicate with each other, share data, or form an intelligent network act as industry restraints for the increase ot the wireless sensor networks market.

"Ambient light sensors held the biggest market share in 2016"

Ambient light sensors have built-in photodiode, which controls display luminosity according to ambient brightness, thereby saving battery life. Building automation has witnessed a significant increase in the past 10 years as automation affords high-performance buildings with improved energy efficiency, low operating cost, and better indoor environment for occupants. Ambient light sensors are used in automatic doors and access systems, elevators, escalators, and lighting control systems. Building automation is one of the quickest-increasing application areas for ambient light sensors. Due to the extensive usage of these sensors in building automation, ambient light sensors held the biggest share of the wireless sensor network market in 2016.

"Market for NFC is anticipated to increase at an important rate between 2017 and 2023."

In comparison with other wireless technologies, NFC is a customized technology as it combines the interface of a reader and a smartcard into a single device. It allows two-way interactions between electronic devices, especially smartphones, allowing users to access digital content, make contactless payment transactions, and connect and share info between IoT-enabled electronic devices. NFC connectivity ICs are widely used in industries including healthcare, building automation, and wearable devices.

"Wireless sensor network market in Asia-Pacific is anticipated to rise at an important rate between 2017 and 2023"

The overall IoT market is increasing at an important rate; in line with this, the sector for IoT nodes and gateways in Asia-Pac is anticipated to grow at a higher rate compared with the industry in other regions as majority of the overall population is concentrated in Asia-Pacific. Owing to this, the number of new M2M connections per year, the industry demand for smart consumer devices, and the need for industrial revolution is higher in this area. IoT applications seem to have more opportunities to enhance the standard of living and revolutionize the industrial market in APAC due to the big population in some of the developing economies including China, India (IN), and Thailand (TH) in Asia-Pac, together with issues associated to healthcare and energy management. Additionally, market investments by the government in the development and modernization of businesses in China (CN) and India (IN) are incorporating more IoT elements.

The building automation sector is a main contributor to the rise of the market in North America (NA). Some of the main providers of building automation solutions, including Honeywell International Inc., United Technologies Corporation, and Hubbell, Incorporated, are based in this area and are actively involved in launches of new product, acquisitions, and alliances to extend their market reach. This is driving the increase of the wireless sensor network in North America continent.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been managed with people holding top positions across different regions. The breakup of the profile of primary members taking part has been provided below.

• By Company category: Tier 1-25 %, Tier 2-25.0 percent, and Tier 3-50.0 percent

• By Description: C-Level Executives-25%, Manager Level-35%, and Others (Sales, Marketing, and Product Managers)-40.0 percent

• By Area: North America-50%, Europe-30%, APAC-10%, and RoW-10%

The main players in the wireless sensor network market contain Intel (NASDAQ:INTC), ABB Ltd. (NYSE:ABB), Texas Instruments (NASDAQ:TXN), Huawei Investment & Holding Co., Limited, Cisco Systems Inc., STMicroelectronics (NYSE:STM), TE Connectivity Ltd., NXP Semiconductor N.V., Dell Inc., Hewlett Packard Enterprise Company, Robert Bosch (RBOS), Advantech Co., Limited, Honeywell (NYSE:HON), Broadcom Limited, Infineon Technologies (ETR:IFX), Emerson Electric Company, Analog Devices Inc., Eurotech S.p.A, Invensense Inc., and Sensirion AG. Some of the important start-ups in the sector are SmartThings Inc., Episensor Ltd., Notion, Helium Systems Inc., and Beep Inc..

Segment Research

The wireless sensor network market has been split on the basis of offering, sensor type, connectivity type, end-user markets, and area. The industry, on the basis of offering, has been split into hardware, software, and services. On the basis of sensor type, the sector has been divided into accelerometers, IMUs, heart rate sensors, blood glucose sensors, blood oxygen sensors, ECG sensors, ambient light sensors, pressure sensors, temperature sensors, humidity sensors, level sensors, flow sensors, chemical sensors, motion & position sensors, carbon monoxide sensors, image sensors, and others (MRR, ultrasonic sensors, vehicle detection sensors, pedestrian presence sensors, speed sensors, and soil moisture sensors). On the basis of connectivity type, the wireless sensor network market has been broken down into ANT+, Bluetooth, Bluetooth Smart/BLE, Bluetooth/Wi-Fi, ZigBee, WiFi, NFC, cellular network, GPS/GNSS module, WHART, and ISA100. The end-user sectors of wireless sensor networks considered in this industry report are wearable devices, healthcare, automotive & transportation, building automation, industrial, retail, Banking, Financial services and Insurance (BFSI), oil & gas, agriculture, and aerospace & defense.

Why acquiring this study can help you:

The analysis would benefit the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the wireless sensor network market comprehensively and offers the closest approximations of the size of the global market and its sub-segments for different applications and across different areas.

2. The market research benefits partners comprehend the pulse of the sector and offers them with the info on main market drivers, market restraints, opportunities, and alternatives pertaining to the market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Wireless Connectivity Market by Connectivity Technology, Type And Geography - Global Forecast to 2023

Wireless Connectivity Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • May 2018
  • by MarketsandMarkets

The wireless connectivity market is estimated to grow at a CAGR of 13.42% between 2018 and 2023The wireless connectivity market is expected to reach USD 95.66 billion by 2023 from USD 50.96 billion in ...

Global BLE Module Market 2018-2022

BLE Module Sector: Worldwide Forecast until 2022

  • $ 2500
  • Industry report
  • March 2018
  • by Infiniti Research Limited

About BLE ModuleBluetooth Low Energy (BLE) is a wireless technology standard. It is targeted for use in low powered devices that usually run on a coin cell battery for months or years.Technavio’s analysts ...

Worldwide Wireless Connectivity Technologies Forecast,  2018-2022

Worldwide Wireless Connectivity Technologies Forecast, 2018-2022

  • $ 4500
  • Industry report
  • May 2018
  • by IDC

This IDC study provides data for the wireless connectivity market for 2017-2022, with analysis and commentary. The wireless connectivity market continues to expand as WiFi, Bluetooth, 802.15.4, and othe ...


ref:plp2017

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on