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Global Industrial Wireless Sensor Networks (IWSN) Market size was valued at USD 4.97 billion in 2021 and is poised to grow from USD 8.62 billion in 2022 to USD 9.02 billion by 2030, growing at a CAGR of 7.13% in the forecast period (2023-2030).
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Global Industrial Wireless Sensor Networks (IWSN) Market Size, Share, Growth Analysis, By Offering By End use- Industry Forecast 2023-2030 Global Industrial Wireless Sensor Networks (IWSN) Market size was valued at USD 4.97 billion in 2021 and is poised to grow from USD 8.62 billion in 2022 to USD 9.02 billion by 2030, growing at a CAGR of 7.13% in the forecast period (2023-2030). A network infrastructure called an industrial wireless sensor network (IWSN) makes it possible to connect sensor nodes and gateways without the use of fibre cables. Through radio nodes configured in suitable topologies, it also makes improved communication possible. As a result, the demand for IWSN has been growing over the past few years, and this trend is anticipated to continue during the course of the forecast. The demand for network infrastructure is expected to increase over the upcoming years, and big data analytics, artificial intelligence (AI), and machine learning (ML) advancements will all contribute to this growth.
These technologies have made it possible for businesses to examine the massive amounts of data collected from many sorts of sensors, including temperature, motion, pressure, gas, flow, and chemical, to name a few. In order to provide flawless communication via wireless networks, emerging economies around the world place a strong emphasis on developing communication links between industrial devices. As a result of their capacity to operate without interruption in challenging distant areas, industries like oil & gas and utilities are deploying wireless sensor networks. For industrial applications like environmental sensing, condition monitoring, and process automation, major sectors like utilities, oil & gas, and automotive are embracing wirelessly connected devices like sensor nodes, routers, and gateways. Infrastructure for wireless sensor networks has been put in place as a result of consumers' increasing usage of connected gadgets.
Global Industrial Wireless Sensor Networks (IWSN) Market Segmental Analysis The global Industrial Wireless sensor network market is segmented into offerings, end use, and region. By offering Industrial Wireless sensor network market is segmented into services, software, and hardware. On the basis of end use Building Automation, Financial Services, and Insurance (BFSI), Banking, Industrial, Wearable Devices, Healthcare, Retail, and Others based on the end-user industry. Based on region, the Industrial Wireless sensor network market is segmented into North America, Latin America, Europe, Asia Pacific, and MEA. View More https://www.skyquestt.com/report/industrial-wireless- sensor-networks-market Industrial Wireless Sensor Networks Market Top Player's Company Profiles •ABB Ltd. •Emerson Electric Co.
•Honeywell International Inc. •Siemens AG •Schneider Electric SE •Yokogawa Electric Corporation •Texas Instruments Inc. •Endress+Hauser AG •NXP Semiconductors N.V. •STMicroelectronics N.V. •Linear Technology Corporation •Atmel Corporation •Analog Devices, Inc. •Broadcom Inc. •General Electric Company •Rockwell Automation, Inc. •Advantech Co., Ltd. •Cisco Systems, Inc. •Digi International Inc. •Murata Manufacturing Co., Ltd. About Us: SkyQuest Technology is leading growth consulting firm providing market
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