Wireless Sensor Network for Building and Home Automation Market

Global Wireless Sensor Network for Building and Home Automation Market Report (2024 to 2029)

The global wireless sensor network for building and home automation market is expected to register a prominent CAGR during the forecast period.

Wireless sensor networks improve the efficiency, safety and comfort of buildings. A home automation and building wireless sensor network is a network built using various connectivity technologies and devices to enable seamless and endless connectivity to home automation and building devices. These networks connect building and home automation devices to connecting devices for remote operation.

Global Wireless Sensor Network for Building and Home Automation Market Drivers:

Wireless Sensor Network (WSN) is revolutionizing industrial monitoring and diagnostics where sensor networks have low-power, low-cost WSN monitoring points. These networks include battery-powered motes that can quickly form a network, in which sensors communicate with each other wirelessly. Wireless sensor networks can be used for consumer applications such as home automation, PC peripherals, and remote controls.

Globally, the reduction in home automation costs and the increasing popularity of home automation systems in major markets are expected to continue to be key growth drivers during the forecast period. Wireless sensor networks are required to change the way correspondence happens in the actual world. Associations need ongoing permeability and insight for their authoritative and operational information to accomplish this new degree of effectiveness, exactness, and cost decrease. There are many applications of the wireless sensor network in robotics, such as advanced robotic sensing, multi-robot coordination, robot planning and navigation, and robot tracking. Using a network of wireless sensors helps emergency response robots understand conditions, such as monitoring electromagnetic fields, detecting wildfires and others.

Global Wireless Sensor Network for Building and Home Automation Market Restraints:

With the increase in connectivity technology, the rate of data intrusions is also increasing rapidly. As devices and connections continue to grow exponentially, data will become more crucial. Network platforms have only recently been developed and are not robust with security requirements. This is a major limitation for the development of the wireless sensor network market, as enterprise data security is important when developing analytics solutions for various specific vertical applications.

Impact of COVID-19 on the global wireless sensor network for the building and home automation market:

The future of the wireless sensor network market looks bright with opportunities in the building automation, consumer electronics, industrial, automotive and healthcare sectors. The main drivers of this market are the growing demand for smartphones and wearable devices, the growth of Internet connectivity, the reduction in the cost of sensors and the increasing demand for remote monitoring services. Smart homes can mean many different things to many different people. The concept evolves as home automation in the classical sense of the term joins a growing range of products. In recent years, there has been a bit of a buzz around all kinds of labeled products for smart homes and future home scenarios, but the winners are gradually becoming more visible. Smart speakers, to name the most popular category, have paved the way for a higher level of adoption, whereby consumers want more and opt for more integrated systems.

REPORT COVERAGE:

This research report on the global wireless sensor network for the building and home automation market has been segmented and sub-segmented based on the network, communication technology, application, and region.

Global Wireless Sensor Network for Building and Home Automation Market – By Network:

• CDMA
• GSM/ HSPA
• LTE

The global system for mobile communications (GSM) is a standard created by the European Telecommunications Standards Institute (ETSI) to portray the conventions for second-era (2G) computerized cell networks utilized by mobile phones like cell phones and tablets. Also, "long-term evolution", or "LTE", is the business language used to portray the specific kind of 4G that offers the quickest versatile Internet experience. So with an organization like Verizon's, you outwit the two universes with regards to remote information use: 4G and LTE.

Global Wireless Sensor Network for Building and Home Automation Market – By Communication Technology:

• Zigbee
• Z- wave
• Wi- fi
• Bluetooth

Zigbee is a remote innovation created as an open worldwide norm to meet the novel necessities of ease, low-power remote IoT organizations. The Zigbee standard works with the IEEE 802.15. 4 with standard actual radio determination and works in unlicensed groups including 2.4 GHz, 900 MHz and 868 MHz. Wi-Fi is a wireless networking technology that enables devices such as computers (laptops and desktops), mobile devices (smartphones and portable devices) and other equipment (printers and video cameras) to interact with the Internet. Bluetooth innovation is a short-range remote correspondence innovation to supplant links between electronic gadgets, permitting an individual to have a phone discussion through a headset, utilize a remote mouse, and synchronize data on the telephone. From a cell phone to a PC, all utilize a similar framework bit.

Global Wireless Sensor Network for Building and Home Automation Market – By Application:

• Lighting Control
• Security And Access Control
• Entertainment Control
• Other Control

The need for a higher level of security, activity monitoring, and access control has led to increased demand for WSNs. The mass adoption of building automation systems to increase energy efficiency and save energy and costs is also contributing to the growth of the WSN market for building automation.

Global Wireless Sensor Network for Building and Home Automation Market – By Region:

• North America
• Europe
• Asia Pacific
• Latin America 
• The Middle East and Africa

Geographically, North America has dominated the wireless sensor network for the home and building automation market, thanks to increased technology penetration and automation rate in such applications, a technology-informed population, a greater number of Internet users and a better network infrastructure in the region. North America was followed by Europe and Asia-Pacific as the second and third largest wireless sensor networking market for the home automation and building market.

Asia-Pacific is expected to experience the fastest growth, due to the increasing penetration of technology and the development of network infrastructure in developing countries such as China and India in this region.

KEY MARKET PLAYERS:

Companies playing a key role in the global wireless sensor network for building and home automation market include Intel Corporation (US), ABB Ltd. (Switzerland), Texas Instruments Inc. (US), Huawei Investment & Holding Co., Ltd (China), Cisco Systems Inc. (US), STMicroelectronics N.V. (Netherlands), TE Connectivity Ltd. (Switzerland), NXP Semiconductor N.V. (Netherlands), Dell Inc. (US), Hewlett Packard Enterprise Company (US), Robert Bosch GmbH (Germany), Advantech Co., Ltd. (Taiwan), Honeywell International Inc. (US), Broadcom Limited (US), Infineon Technologies AG (Germany), Emerson Electric Company (US), Analog Devices Inc. (US), Eurotech S.p.A (Italy), Invensense Inc. (US) and Sensirion AG (Switzerland).

RECENT HAPPENINGS IN THE MARKET:

• ABB Technology Ventures' investment in Everactive, a technology company that produces self-powered wireless sensors, reflects ABB's ongoing commitment to delivering value to customers through innovation.
• Intel provides secure and scalable building blocks for industrial IoT solutions that bring intelligence to your operational assets and reveal insights from data. Built on open, standards-based solutions, Intel's vast ecosystem lets you choose the best applications with confidence. The results: potentially reduced maintenance costs, new business opportunities, and incredible productivity.