PUBLISHER: BCC Research | PRODUCT CODE: 1332775
PUBLISHER: BCC Research | PRODUCT CODE: 1332775
The global wireless sensors market should reach $32.4 billion by 2028 from $12.3 billion in 2023 at a compound annual growth rate (CAGR) of 21.4% for the forecast period of 2023 to 2028.
Biological characteristics segment of the global wireless sensors market is expected to grow from $2.9 billion in 2023 to $8.1 billion in 2028 at a CAGR of 22.8% for the forecast period of 2023 to 2028.
Surveillance and image segment of the global wireless sensors market is expected to grow from $1.3 billion in 2023 to $4.1 billion in 2028 at a CAGR of 25.3% for the forecast period of 2023 to 2028.
The scope of the report includes an overview of the global wireless sensors market as well as the analysis of global market trends. The data included in the report considers 2022 as the base year, and estimates for 2023 through 2028, with projections of CAGR in the forecast period. Revenue forecasts for this period are segmented based on measurable parameters, wireless standard/technology, end-use application and geography.
The report also offers an in-depth analysis of the competitive landscape within the wireless sensors market, focusing on key dynamics that drive success. It examines critical factors such as research and development capabilities, market presence, brand strength, and the influence of ecosystems and partnerships. The report includes profiles of wireless sensor manufacturers, providing valuable insights into their strategies and offerings. Additionally, the report assesses the impact of the COVID-19 pandemic on the market, considering the challenges and opportunities that have emerged as a result.