Wireless Sensors Expected to Reach Nearly $7.7B by 2021

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. 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.