Wireless sensor network market set to explode

The market for wireless sensor networks (WSNs) will grow rapidly from US$0.45bn in 2011 to $2bn in 2021, according to a report from IDTechEx.

The figures refer to WSN defined as wireless mesh networks, that is self-healing and self-organising. They will eventually enable the automatic monitoring of forest fires, avalanches, hurricanes, failure of country wide utility equipment, traffic, hospitals and more over wide areas, something previously impossible. It has started already with more humble killer applications such as automating meter readings in buildings, and manufacture and process control automation.

The market for non-mesh wireless sensor systems in general is far larger and some proposed standards apply to both. For example, in addition to the above, the market for real-time locating systems is $0.38bn in 2011 rising to $1.6bn in 2021.

The figures come from the IDTechEx report “Wireless Sensor Networks 2011-2021”.

By far the biggest success of WSN has been in smart meters, says the report. This is because in many countries around the world governments have mandated that smart meters need to be installed in certain circumstances, such as new house builds or retrofits. More than 50 million have been installed so far.

Now meter reading data is sent wirelessly, and the power is taken from the electricity supply so no batteries are needed. This is seen as a starting point to home automation – wireless sensors embedded in the house that will automatically communicate with the smart meter, thermostat and so on. It is part of the smart grid activity. Here, the Zigbee protocol is being employed.

However, the report warns those that supply WSN that there is no single standard that has emerged as a clear winner.

“Indeed, many so called standards are not – many companies implementing Zigbee for example meet the basic criteria to use the Zigbee label but add further capability resulting in systems that are not interoperable with different sensors from different vendors,” said an IDTechEx statement.

“Many vendors, including giant system integrators that have their own proprietary wireless communications, hope that they may become the chosen default ‘standard’. A small number may win. The industry is not gearing towards a more collaborative approach to allow many to win. This in turn is putting off adoption. Would you install tens of thousands of wireless sensors in your plant locations if it was a proprietary solution? What if that company would not exist in five years?”

Another problem that vendors need to address is that many only offer hardware. Adopters are often on their own for the software, which they need to make useful decisions on the data collected to give the system a payback.

IDTechEx notes that in wireless sensing, the big successes are those that offer complete packages. One example is Savi Technology, part of Lockheed Martin, that offer a full system to asset tracking and visibility and the other is Ubisense, a UK company that has recently listed (and oversubscribed in doing so) based on a real-time locating system.

In addition, reducing the price and increasing the life of the nodes is key to the high volume applications.

In the report, IDTechEx forecasts the market in detail. It studies how the average price per node will drop from $29 in 2011 per piece to $25 per piece in 2021. The report looks at the latest activity and sees how these difficulties are being tackled.

RECENT ARTICLES

5th Edition Connected Africa announces Telecom Innovation & Excellence Awards 2024

Posted on: April 19, 2024

The International Center for Strategic Alliances (ICSA) has announced the 5th Edition Connected Africa- Telecom Innovation & Excellence Awards 2024, set to be held on 22 May 2024 in Johannesburg, South Africa. Under the theme “Building a Connected Global Economy,” the summit aims to influence the telecom in Africa. With a focus on fostering forward-thinking

Read more

Facilio launches refrigerant tracking and leak detection software

Posted on: April 19, 2024

Property operations software firm Facilio has announced the launch of its ready-to-deploy refrigerant tracking and leak detection software solution. This is meant for all grocery and convenience store operators who want to implement an automatic leak detection system to identify and mitigate potential refrigerant leaks to achieve 100% compliance.

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This interconnected network of devices transforms previously “dumb” objects, such as toasters or security cameras, into smart devices that can interact with each other and their

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more