The Business Research Company’s Wireless Sensor Network Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Wireless Sensor Network Global Market Report 2023 evaluates wireless sensor network market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global wireless sensor network market is expected to grow from $167,069.56 million in 2027 at a rate of 16.9%. The market is then expected to grow at a CAGR of 19.0% from 2027 and reach $399,463.02 million in 2032.
During the forecast period, the increasing demand for electric vehicles will support the growth of the wireless sensor network market. The wireless sensors are used to manage engine control systems, air conditioners, power windows, braking, headlights, and steering. For example, in October 2022, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, around 4.3 million new battery-powered electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) were sold globally in the first half of 2022. BEV sales grew by 75% on the year and PHEVs by 37%. Additionally, in July 2022, according to Times of India, an India-based English-language daily newspaper and digital news media company, retail sales of electric vehicles (EVs) clocked 390,399 units in the first half (1H) of 2022. This represents a 333% year-over-year (YoY) growth compared to the 90,102 units sold in the same period in 2021. Therefore, the increasing demand for electric vehicles is expected to propel the growth of the wireless sensor network market during the forecast period.
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The wireless sensor network market segments in the report are:
1) By Model: Accountable Care Organization (ACO), Bundled Payments, Patient-Centered Medical Home (PCMH), Pay For Performance (P4P)
2) By Deployment Type: Cloud Based, On-Premise
3) By End User: Providers, Payer
Major Competitors Are:
- NXP Semiconductors N.V.
- Texas Instruments Inc
- Emerson Electric Co
- STMicroelectronics N.V.
- Infineon Technologies AG
The table of contents in TBRC’s wireless sensor network market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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18. Competitive Landscape And Company Profiles
19. Company Profiles
20. Key Mergers and Acquisitions
21. Future Outlook and Potential Analysis
22. Appendix
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