Global industrial wireless sensor network market size reached US$ 4.94 Billion

The global industrial wireless sensor network market size reached US$ 4.94 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 13.78 Billion by 2027, exhibiting a CAGR of 18.65% during 2021-2027.

An industrial wireless sensor network (IWSN) comprises tiny autonomous sensors or nodes that are physically distributed in space. It relies on radio frequency (RF) waves to monitor and communicate several conditions, such as temperature, vibration, pressure, pollutants, and motion.

It is easy to install and relocate while saving labor costs, energy, and materials compared to wired solutions. It enhances productivity as IWSN can automatically supervise processes without any manual intervention. As a result, it finds applications in machine health analysis, manufacturing, condition-based maintenance, automated metering, remote monitoring, and inventory, vehicle and personnel management.

At present, the growing demand for IWSN to improve communication between industrial devices and ensure seamless communication using wireless systems represents one of the key factors driving the market. Besides this, there is a rise in the utilization of artificial intelligence (AI), machine learning (ML), and big data analytics to analyze the large database of temperature, motion, pressure, gas, flow, and chemicals. This, along with the increasing development of network infrastructure, is contributing to the growth of the market.