Global Wireless Sensor Networks Market Analysis, Size, Share, Growth To 2019 by PTA Newsroom.
Worldwide markets are poised to achieve significant growth as the Wireless Sensor Network is used to implement the Internet of things.
Advanced technologies for wireless sensor networks are associated with energy harvesting and thin film batteries. Emerging wireless sensor networking is based on leveraging the feasibility of making sensors work independently in groups to accomplish insight not otherwise available. Advanced storage devices are emerging simultaneously with the energy harvesting devices that are economical, making sensor networks feasible. Storage devices can leverage the power captured by energy harvesting when sensors and devices are interconnected as a network. Energy storage technologies of super-capacitors and thin-film batteries with cost-effective market presence are set to power wireless sensor networking.
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Energy harvesting devices have attained workable levels of efficiency. There are significant cost reductions for wireless sensor networking that have been accomplished in the past few years. Many applications are related to smarter computing that depends on sensors capturing change in conditions and making adjustments to the environment based on measured change. Worldwide wireless sensor network device market driving forces relate to an overall trend toward implementation of the Internet of things addressing disparate initiatives toward adoption of the smarter planet for buildings, roads, transportation, and mobile health initiative for chronic conditions. This smarter planet trend promises to become prevalent as people learn how to use small core processors combined with sensing technology to keep the cities more livable and themselves healthier.
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New sensor technology creates the opportunity for monitoring and testing. Wireless sensor network devices can be used to send alerts to at risk people who are exercising. Wireless sensor networking is set to grow as sensors are freed from the grid and networks implement connectivity that is mesh architecture based. Converting ambient energy to useable electrical energy harvesting (EH) systems creates the opportunity to implement wireless sensor networks. These networks interconnect an inexpensive and compact group of devices and sensors. The networks use wireless capability to power portable electrical devices.
Energy harvesting technology combined with solid state batteries power an increasing number of consumer and industrial products that are untethered or need to become disconnected from electrical outlets. The markets for wireless sensor networks at $552.4 million in 2012 become very big, very fast reaching $14.6 billion by 2019. Market growth is dependent on emerging technology. As the wireless technology, the solid state battery, the sensor technology, smart phone technology and the energy harvesting technology all become commercialized, these devices will be used to implement wireless sensor networks. The wireless sensor networks markets will be driven by the adoption of 8.5 billion smart phones by 2019, creating demand for apps that depend on sensor networks.
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