Wireless Sensors Expected to Reach Nearly $7.7B by 2021

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Research and Markets has announced the addition of the "Wireless Sensors: Technologies and Global Markets" report to their offering.

The global market for wireless sensor devices will grow from nearly $2.4 billion in 2016 to nearly $7.7 billion by 2021 with a compound annual growth rate (CAGR) of 26.7% for the period of 2016-2021.

This report provides an overview of the global markets for wireless sensors and related applications of this technology. It includes analysis of global market trends, with data from 2015, 2016, and projections of compound annual growth rates (CAGRs) through 2021.

Information on parameters that can be measured by wireless sensor devices including temperature, pressure level, flow, chemical composition, biological characteristics, motion and position, surveillance and image, and humidity. The report provides analyses of end vertical applications including industrial installations, ecology and agriculture, logistics and transport, defense and surveillance, medicine, residential, automation, and energy management.

Detailed coverage of technologies involved in the field including Bluetooth, radio frequency (RF) identification (RFID), Wi-Fi + IPv6 over low-power, wireless PANs (6LoWPAN), ZigBee + RF for consumer electronics (RF4CE), domain-specific as well as proprietary technologies are also covered.

This report presents the forecast for wireless sensor devices for 2016 through 2021 based on estimated volume and manufacturers' total revenues. These forecasts are further broken down by the various parameters that can be measured by the sensors, end applications and region.