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

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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
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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. PDF Brochure
https//www.marketsandmarkets.com/pdfdownload.asp
?id445

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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. 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. 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.
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Market for BFSI industry to grow at a high rate
between 2017 and 2023 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.
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Browse gtgt 67 market data
tables 66 figures
246 Pages and in-depth TOC on Vibration
Monitoring 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.
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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),

• 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)

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