ON World’s recently published Wireless Sensor Networks Report Set covers 50 wireless Internet of Things (IoT) markets including Smart Homes, Smart Buildings, Smart Energy, Smart Lighting, Smart Cities, Industrial Automation, Health & Fitness, Wearables, Personal Sensors and Others.
San Diego, CA Oct. 28, 2014— Wireless sensor networking (WSN) is one of the most disruptive and essential technologies for the Internet of Things, according to global technology research firm ON World.
Hundreds of millions of wireless sensing and control devices has changed the Internet. Within the next ten years, the IoT market will grow to billions of sensing points, transforming cloud computing infrastructure, mobile device form factors and the global information economy.
“Cloud-connected wireless sensor networks are fundamental building blocks of the Internet of Things,” says Mareca Hatler, ON World’s research director. “From remote digital oilfields to ever smarter homes, wireless sensor networks are enabling new sensing and control applications that wouldn’t exist otherwise.”
Smart lighting is another emerging market with dozens of startups and new entrants. The majority of these are focused on wireless mesh lighting control systems, wireless LED light bulbs/lamps, smart LED drivers and IoT platforms that support a growing number of WSN applications. Retail is one of the fastest growing channels for residential smart lighting products. According to ON World’s evaluation of 30,000 product reviews, there are over 400 wireless lighting control products with sales growing by more than 70% in the first half of 2014 compared with the same period in 2013.
The smart home has hundreds of new entrants over the past few years.
Wearables such as smart watches, smart glasses, jewelry and health/fitness trackers are some of the largest and fastest growing WSN markets. Startups with wearables, wireless lighting controls and smart home systems are also benefiting from crowd funding sites that regularly achieve their funding goals.
In 2018, global annual revenues for WSN markets will be $102 billion when device shipments will reach 930 million at this time.
ON World’s recently published Wireless Sensor Networks Report Set includes three reports: Wireless Sensor Networks Markets, 802.15.4 & ZigBee and Mobile Sensing Wearables. Based on thousands of interviews and surveys with executives across the whole global WSN value chain, these reports include analysis and in-depth market size forecasts on 50 unique WSN market segments, competitive analysis and recent primary research with end users, vendors and suppliers.
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