See Wireless Sensor Network Market reaching 93.86 Billion USD by 2023 - PowerPoint PPT Presentation

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See Wireless Sensor Network Market reaching 93.86 Billion USD by 2023

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According to MarketsandMarkets, the wireless sensor network (WSN) 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. The increasing need for remote monitoring of equipment, growing market for wearable and smart devices, and advancements in connectivity technologies play a significant role in the growth of the WSN market. Visit for more: – PowerPoint PPT presentation

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Title: See Wireless Sensor Network Market reaching 93.86 Billion USD by 2023


1
Wireless Sensor Network Market by Offering
(Hardware, Software, Services), Sensor Type,
Connectivity Type, End-user Industry (Building
Automation, Wearable Devices, Healthcare,
Automotive Transportation, Industrial), and
Region - Global Forecast to 2023
www.MarketsandMarkets.com
2
According to the market research report "Wireless
Sensor Network Market by Offering (Hardware,
Software, Services), Sensor Type, Connectivity
Type, End-user Industry (Building Automation,
Wearable Devices, Healthcare, Automotive
Transportation, Industrial), and Region - Global
Forecast to 2023 The wireless sensor network
(WSN) market, 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. The growth of this 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. PDF Brochure https//www.market
sandmarkets.com/pdfdownload.asp?id445utm_source
PPTutm_medium7278

3
This wireless sensor network market, in this
report has been segmented on the basis of
offering, sensor type, connectivity type,
end-user industry, and region. On the basis of
offering, the wireless sensor network market has
been segmented into hardware, software, services.
The software components of WSNs include platforms
and solutions that are vital for applications
such 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. Software to hold the largest
size of the wireless sensor network by 2023 The
software components of WSNs include platforms and
solutions that are vital for applications such
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.
4
Market for BFSI industry to grow at a high rate
between 2017 and 2023 IoT technology can drive
the banking, financial services, and insurance
(BFSI) end-use applications by developing and
adding more convenient solutions for customers.
It can be used for real-time data collection and
instant communication between devices. Kiosks can
be used for bank transactions they provide
customers with rapid access to information and
services. An interactive kiosk can collect data
whenever a customer uses it, which can further be
used in customer behavior analysis. The BFSI
industry is rapidly moving toward digitization
and connectivity-dependent applications. Due to
this reason, the wireless sensor network market
for this industry is expected to grow at a high
rate between 2017 and 2023. North America held a
major share of the WSN market in 2016 The
increased RD 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 RD 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.
5
Browse gtgt 67 market data
tables 66 figures
246 Pages and in-depth TOC on Wireless
Sensor Network Market - Global Forecast to
2023 Early buyers will receive 10 customization
on this report. This is a Premium Report Priced
at Single user US 5650 Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
6
Key players - The Wireless Sensor Network Market
is dominated by
  • 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)
  • 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)

For More Information - https//www.marketsandma
rkets.com/Market-Reports/wireless-sensor-networks-
market-445.html?utm_sourcePPTutm_medium7278
7
Contact Mr. Shelly Singh MarketsandMarkets
INC.630 Dundee Road Suite 430 Northbrook, IL
60062 USA 1-888-600-6441 Email
sales_at_marketsandmarkets.com
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