Skip to main content

How Are Smart Cities Boosting Wireless Sensor Network Market Growth?

The sensor type segment of the wireless sensor network market includes temperature, pressure, level, flow, humidity, image, chemical and gas, motion and position, and others. Among these, the image category is expected to witness the fastest growth during the forecast period, owing to the growing need for monitoring industrial activities. 

Moreover, the escalating security concerns in the banking, financial services, and insurance (BFSI), aerospace and defense, automotive, industrial, retail, and healthcare sectors, on account of the accelerating crime rate and rising terrorist activities, will also support the growth of this category in the future.



Categories under the application segment of the wireless sensor network market include home automation, building automation, highway monitoring, nanoscopic sensing, civil and environmental engineering, habitat monitoring, wildlife instrumentation, and others. Under this segment, the building automation category holds the largest market share.

This is because of the rapid replacement of basic wired building automation systems with wireless variants. The wireless sensor networks are being increasingly adopted in buildings with complex structures. Moreover, the presence of advanced healthcare facilities in North America will also facilitate the market growth in the region.

Such networks are highly compatible with frequently changing building configurations. According to P&S Intelligence, the North American region accounted for the largest share in the wireless sensor network market in 2019, due to the rapid technological innovations, development of smart cities, and high adoption rate of factory and building automation systems in this region.

Additionally, the growing penetration of wearable devices will also boost the demand for such networks in the region in the coming years. Thus, the increasing number of smart cities across the world will augment the demand for wireless sensor networks in the foreseeable future.

Comments

Post a Comment

Popular posts from this blog

Demand for Webgames Set to Shoot Up in Asia-Pacific in Coming Years

The global webgame market valuation will rise from $3.5 billion in 2019 to $6.5 billion by 2030. Furthermore, the market is predicted to demonstrate a CAGR of 5.7% between 2020 and 2030. Depending on genre, webgames are classified into sports games, real-time strategy games, massive multiplayer online roleplaying games (MMORPGs), arcade games, and first-person shooters. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/webgame-market-insights/report-sample Out of these, the popularity of first-person shooters will grow sharply across the world in the forthcoming years, as per the estimates of P&S Intelligence, a market research company based in India. These types of games are not like the third-person shooters, in which, the gamers can see the character which they are controlling. As these games are highly engrossing and thrilling, their popularity is soaring rapidly all over the world. Globally, the webgame industry is predicted to exhibit the...
Post a Comment
Read more

Revenue Explosion Predicted in Global Micro Battery Market During 2020—2024

The global micro battery market had a valuation of $418.2 million in 2018 and is predicted to generate a revenue of $1,100.0 million by 2024. Furthermore, the market will exhibit a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, the rising integration of the internet of things (IoT) in medical devices, and the soaring usage of compact batteries in healthcare applications are the major factors fueling the progress of the market. The rising incorporation of the IoT in medical devices is an important factor propelling the growth of the micro battery market across the globe. With the soaring population levels and the rising prevalence of chronic diseases in various countries, the healthcare industry is rapidly adopting high-tech solutions. The growing usage of advanced medical devices and wearable electronics is causing huge improvements in patient care and treatment procedures. Moreover, it is massively reducing the healthcare costs.  For example, medic...
Post a Comment
Read more

3D Printing Ceramics Market Research by Products & Services, Components & Geography

The technology has created immense opportunities for product designing and helped in consolidating product assembly processes. Ceramics are mainly used for printing plates, cups, and other cutlery items. Ceramic prototypes are also used in high temperature application areas in the aerospace and automotive industries. Get a free sample copy of this report @  https://www.psmarketresearch.com/market-analysis/3d-printing-ceramics-market/report-sample Rapid growth in the 3D printing ceramics market is driven by rise in demand for 3D printing in the dental industry and product modification, and development in various end-use industries. 3D printing is gaining demand in the healthcare industry, especially for dental applications. Ceramics are being preferred for 3D printing of orthopedic and dental implants, and heart valves, due to their characteristics such as inertness, porosity, resistance to high wear, high compression strength, and capability to mold into a variety of shapes...
Post a Comment
Read more