How big is the Wireless Sensors Network Market?

The Wireless Sensors Network Market size is expected to reach USD 11.71 billion in 2024 and grow at a CAGR of 26.59% to reach USD 38.07 billion by 2029. Read More

What is the current Wireless Sensors Network Market size?

In 2024, the Wireless Sensors Network Market size is expected to reach USD 11.71 billion. Read More

Who are the key players in Wireless Sensors Network Market?

Siemens AG, ST Microelectronics, Emerson Electric Co., NXP Semiconductors and ABB Ltd are the major companies operating in the Wireless Sensors Network Market. Read More

Which is the fastest growing region in Wireless Sensors Network Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Wireless Sensors Network Market?

In 2024, the North America accounts for the largest market share in Wireless Sensors Network Market. Read More

What years does this Wireless Sensors Network Market cover, and what was the market size in 2023?

In 2023, the Wireless Sensors Network Market size was estimated at USD 8.60 billion. The report covers the Wireless Sensors Network Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Wireless Sensors Network Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Wireless Sensors Network Market Share

Statistics for the 2023 & 2024 Wireless Sensors Network market share, created by Mordor Intelligence™ Industry Reports. Wireless Sensors Network share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Wireless Sensors Network Industry

The wireless sensors network market is fragmented. It is a highly competitive market without any single dominant player present in the market. The players are focused on strategic investments to innovate new products, collaborations and partnerships, and mergers and acquisitions to strengthen the market position.

November 2023: STMicroelectronics released a new microcontroller (MCU) that fuses the company’s expertise in wireless-device design with its high-performing and efficient STM32 architecture, especially valuable in remotely deployed applications, including metering and monitoring devices and data from alarm systems, actuators, and sensors in today’s smart buildings, smart factories, and smart cities.
October 2023: NXP Semiconductors announced the launch of AW693, a new automotive-qualified wireless connectivity solution. Designed for automotive from the ground up and part of the industry’s most complete automotive wireless connectivity portfolio, AW693 enables concurrent dual Wi-Fi 6E and Bluetooth 5.3 connections, protected by NXP’s integrated EdgeLock secure subsystem, to deliver many secure connections in the car.