Consumer Wireless Sensor IoT Markets
ON World’s recently published report set covers key wireless Internet of Things technologies including ZigBee, WiFi, Bluetooth Smart, Z-Wave, EnOcean for Smart Homes, Smart Buildings, Smart Energy, Smart Lighting, Smart Cities, Industrial Automation, Health & Fitness, Wearables, Personal Sensors and Others.
San Diego, CA Dec. 16, 2014— Consumers are doing their part in making the vision of ubiquitous sensing and control devices a reality, according to global technology research firm ON World. This holiday season will feature more wireless sensor network (WSN) products than ever before and annual growth rates for consumer wireless sensing markets will increase by 60% next year.
“Smart, tiny wireless sensing and control devices are appearing in nearly every area of our lives,” says Mareca Hatler, ON World’s research director. “Large device shipments are driving component costs lower and cloud connected IP addressable sensing devices are lowering application costs for the consumer.”
The major wireless sensor network (WSN) markets for consumers today are smart lighting, smart homes, health and wellness as well as general purpose mobile sensing devices such as smart watches, smart glasses and jewelry. Combined, these markets will have global annual revenues of $25.8 billion in 2015 including equipment and associated services.
Health & Wellness
But the multi-trillion dollar healthcare market has the largest total potential payoff. Startups with wearable sensor innovations have raised more than $1 billion in venture funding and the majority of these are targeting healthcare. Mobile sensing devices such as smart watches, smart glasses and health/fitness monitors will surpass half a billion unit shipments between 2013 and 2018.Based on thousands of interviews and surveys with executives across the whole WSN value chain, ON World’s Wireless Sensor Networks Set includes three reports covering the dynamic wireless sensor network ecosystem including Wireless Sensor Networks Markets, Mobile Sensing Wearables and 802.15.4 & ZigBee: Enabling the Internet of Things.
The report synopses and fee executive summaries are available from: http://www.onworld.com/wsnset
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