WI SUN Technology Market Share Analysis
Organizations spanning diverse industry verticals worldwide are recognizing the advantages inherent in IoT technology, heralding improvements in network intelligence and connectivity. These advancements promise enhancements in citizen safety, elevated quality of life, heightened business efficiency, amplified system and service reliability, and reduced operational expenditures. According to Cisco Systems, Inc., an estimated 500 billion devices are projected to integrate with the Internet by 2030. These devices will permeate both industrial and commercial spheres, empowering connectivity, efficiency, and operational excellence.
The selection of wireless network technology for IoT applications plays a pivotal role in determining crucial factors such as available bandwidth, the lifespan of battery-powered devices in field operations, and the overall ownership cost of the application. Additionally, the technology choice profoundly impacts the performance, scalability, reliability, and interoperability of devices within the network ecosystem. Wi-SUN-based mesh networks are anticipated to be highly effective across resilient and remote global environments. The consistent connectivity established by IoT endpoints leveraging Wi-SUN-based networks indicates that such networks are poised to attain the ubiquity and scalability demanded by IoT applications.
Wi-SUN technology emerges as an ideal option for a multitude of IoT applications, encompassing asset and utility management, environmental monitoring, and structural health monitoring. The reliably connected endpoints within a Wi-SUN-based IoT network showcase the potential to achieve the extensive coverage and scalability imperative for these applications. Consequently, the burgeoning adoption of IoT applications is anticipated to propel the demand for Wi-SUN technology throughout the projected timeframe.
Report Attribute/Metric |
Details |
Base Year For Estimation |
2019 Forecast Period 2022-2032 Historical Data 2018 Forecast Units Value (USD Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Component, Application Geographies Covered North America, Europe, Asia-Pacific Key Vendors Analog Devices Inc. Cisco Systems Inc. Texas Instruments Incorporated Itron Brilliant Holdings Inc. Murata Manufacturing Co. Ltd. Rohm Semiconductor Renesas Electronics Corporation Landis + Gyr Toshiba Corporation Key Market Opportunities Technological advancements in the market will lead to high growth possibilities. Key Market Drivers The rise in smart cities is a crucial driver of Wi-sun technology market. |
Historical Data |
2018 Forecast Units Value (USD Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Component, Application Geographies Covered North America, Europe, Asia-Pacific Key Vendors Analog Devices Inc. Cisco Systems Inc. Texas Instruments Incorporated Itron Brilliant Holdings Inc. Murata Manufacturing Co. Ltd. Rohm Semiconductor Renesas Electronics Corporation Landis + Gyr Toshiba Corporation Key Market Opportunities Technological advancements in the market will lead to high growth possibilities. Key Market Drivers The rise in smart cities is a crucial driver of Wi-sun technology market. |
Forecast Period |
2022-2032 Historical Data 2018 Forecast Units Value (USD Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Component, Application Geographies Covered North America, Europe, Asia-Pacific Key Vendors Analog Devices Inc. Cisco Systems Inc. Texas Instruments Incorporated Itron Brilliant Holdings Inc. Murata Manufacturing Co. Ltd. Rohm Semiconductor Renesas Electronics Corporation Landis + Gyr Toshiba Corporation Key Market Opportunities Technological advancements in the market will lead to high growth possibilities. Key Market Drivers The rise in smart cities is a crucial driver of Wi-sun technology market. |
Growth Rate |
13.45% Base Year 2019 Forecast Period 2022-2032 Historical Data 2018 Forecast Units Value (USD Billion Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By Component, Application Geographies Covered North America, Europe, Asia-Pacific Key Vendors Analog Devices Inc. Cisco Systems Inc. Texas Instruments Incorporated Itron Brilliant Holdings Inc. Murata Manufacturing Co. Ltd. Rohm Semiconductor Renesas Electronics Corporation Landis + Gyr Toshiba Corporation Key Market Opportunities Technological advancements in the market will lead to high growth possibilities. Key Market Drivers The rise in smart cities is a crucial driver of Wi-sun technology market. |