Global Process Automation and Instrumentation Market

Smart home devices are defined as devices that are controlled remotely from any internet-connected place in the world using a mobile or any other network device. Smart home appliances are interconnected in such a way that the user has access to control functions such as home security checks, temperature, lighting, and home theater. The technologies used in smart home devices are Wi-Fi technology and Bluetooth technology. The wireless technology that connects computers, tablets, smartphones, and other devices to the internet is known as Wi-Fi technology. Wi-Fi is a radio signal transmitted from a wireless router to a nearby device, which converts the signal into data that can be seen and used.. The smart homes devices are applied in energy management, climate control system, healthcare system, home entertainment system, lighting control system, security & access control system and sold through online, offline channels. The smart homes devices market research report is one of a series of new reports from The Business Research Company that provides smart homes devices market statistics, including smart homes devices industry global market size, regional shares, competitors with the devices of a smart home market share, detailed smart homes devices market segments, market trends and opportunities, and any further data you may need to thrive in the smart homes devices industry. This smart home devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global smart home devices market will grow from $92.48 billion in 2022 to $108.83 billion in 2023 at a compound annual growth rate (CAGR) of 17.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart home devices market is expected to grow to $209.25 billion in 2027 at a CAGR of 17.8%. The rise in the need to save energy and decrease carbon emissions drives the smart home devices market. This increase in the need for sustainable solutions has been initiated by strict government regulations that introduced a cap on maximum carbon emissions allowed for each company. Conventional devices continuously use electricity until someone turns them off. However, in the case of smart home devices, they are equipped with motion sensors that can detect the absence of people in the room for a given time and automatically turn it off, thus saving money and electricity. Saving unnecessary usage of electric devices and decreasing the power demand on the power plants help reduce carbon emissions. For example, according to a study in Europe in 2021, smart building technology can save up to 23% of the energy used in office buildings. High switching costs restrain the smart home device market growth. The cost of smart appliances is high and involves other upfront costs like installation and maintenance costs as well. The high cost obstructs the adoption and acceptance of smart devices by customers including many organizations. According to the survey released by Parks Association in 2021, 44% of the households of 46.7 million household participants stated that smart devices are too expensive. Moreover, a smart thermostat in the USA costs around $250 whereas a traditional thermostat costs around $25. The cost factor influences the market negatively. Companies are developing voice assistants to control smart home devices. Voice assistants are digital assistants that react to voice commands and reply with relevant information. They are different from traditional keyboard-based searches. They put more focus on the conversational phrasing of any content and prioritize the long tail keywords for any search. For example, Amazon and Google have launched their voice assistants in their respective smart speakers. Amazon has launched Alexa Voice Assistant in its Echo smart speaker while Google has launched 'Google Assistant voice assistant for its Google Home smart speaker. Smart home devices are regulated by government bodies such as the National Institute of Standards and Technology (NIST), European Telecommunications Standards Institute (ETSI), and others. The ETSI Cybersecurity Technical Committee (TY Cyber) released ETSI TS 103 645 standards to keep a security baseline for all internet user products. The standard states that the IoT/Smart Home devices must make it easy for consumers to delete their data when there is a transfer of ownership. The standard also requires the implementers to stop using universal default passwords as this gives rise to a large number of security issues. It also allows security researchers to report any kind of security flaw in the IoT/Smart Home devices. In May 2021, Level Home announced the acquisition of Dwelo, a smart home startup for $100 million. With the acquisition of Dwelo, Level Home will be able to offer a seamless of thoughtful hardware with a powerful SaaS platform that gives residents incredible command, convenience, and new abilities. Level Home creates smart home products based in the US, established in 2016. Major players in the smart homes devices market are ABB Ltd., General Electric Company, Johnson ControlsInc., Siemens AG, Schneider Electric SE, Honeywell International, LG Electronics, Emerson Electric Corporation, BSH Hausgerate GmbH, and Amazon Inc. Asia-Pacific was the largest region in the smart home devices market in 2022. The regions covered in the global smart homes devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart homes devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The smart home devices market consists of sales of smart dishwashers, smart cookware and cooktops, smart ovens, smart refrigerators, and other smart home devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global smart home devices market is segmented - 1) By Technology: Wi-Fi Technology, Bluetooth Technology 2) By Application: Energy Management, Climate Control System, Healthcare System, Home Entertainment System, Lighting Control System, Security & Access Control System 3) By Sales Channel: Online, Offline

A smart microwave oven is an appliance that is connected to the internet and smartphone, or other smart devices through the cloud or app. The connectivity gives more control over the oven, and the user can decide its activity through the commands on the app or through other means like voice. The main types of smart microwave ovens are grill microwave ovens, convection microwave ovens, microwave/light-wave ovens, and others and use technology such as Bluetooth, Wi-Fi, and NFC. Grill microwave ovens use smart technology for grilling and help save time and space. The smart microwave ovens are distributed through hypermarkets and supermarkets, specialty stores, online stores, and other channels and are used by both commercial and personal users. The smart microwave oven market research report is one of a series of new reports from The Business Research Company that provides smart microwave oven market statistics, including smart microwave oven industry global market size, regional shares, competitors with a smart microwave oven market share, detailed smart microwave oven market segments, market trends and opportunities, and any further data you may need to thrive in the smart microwave oven industry. This smart microwave oven market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global smart microwave ovens market will grow from $3.33 billion in 2022 to $3.56 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart microwave ovens market is expected to grow to $4.65 billion in 2027 at a CAGR of 6.9%. With increasing consumer preference for technologically advanced products, there is a rise in penetration of smart home appliances like smart microwave ovens. The smart microwave oven is gaining interest among consumers as it is remotely accessed and operated with a user-friendly interface. Most manufacturers of smart home appliances can communicate with Alexa, iOS, Droid, Dash, Nest, and Google Home through which instructions can be given to the smart oven. In 2020, Sharp Home Electronics Company of America (SHCA) announced the launch of the first smart countertop microwave oven that features Wi-Fi connectivity and Alexa compatibility for easy hands-free operation. The new smart microwave also responds to voice commands. Cybersecurity paves risk to any smart appliance market with hackers providing a way to operate the appliance to cause harm to the user in any means. The smart microwave ovens can be set to pre-heat or can be controlled for temperature adjustments remotely which means a hacker can potentially cause harm to the user. For instance, in September 2020, according to Palo Alto Networks, a cybersecurity firm, presented a report showcasing, 31% of participants stated companies need to make significant improvements to their approach to IoT security. The safety issues arising due to cyber-attacks might hinder the market growth during the forecast period. Scan-to-cook feature is a technology that makes the preparation and cooking of pre-packaged and frozen foods easier with a scan of the barcode over the package by the smartphone with the use of an associated app. The customized and recommended instructions are sent to the microwave oven with a barcode scan which results in the perfection of the meals being prepared. In in 2021, LG announced the launch of Double Oven Gas Slide-in Range and Over-the-Range Microwave Oven with the scan-to-cook feature. The brand has partnered with Boston-based AI start-up Food space Technology to develop the scan-to-cook feature. With a busy lifestyle globally, many families prefer frozen foods for meals and with the advantage of the Scan-to-cook feature the user need not depend on frozen food preparation instructions which takes the guesswork out of cooking and results in perfection which is expected to boost the demand of smart microwave oven market. In January 2021, Weber-Stephen Products, LLC., a US-based manufacturer of charcoal, gas and electric grills and accessories acquired June for an undisclosed amount. The acquisition is an essential step towards the strategy to transform the outdoor cooking experience with digital goods, services, and experiences that make grilling more dynamic and interesting. June is a US-based home automation company. Major players in the smart microwave oven market are Electrolux AB, Whirlpool Corporation, LG Electronics, Breville USA Inc., Panasonic, GE (Haier), Sharp, SAMSUNG, Robert Bosch, BSH Home Appliances Corporation, Dacor Inc. Asia-Pacific was the largest region in the smart microwave oven market in 2022. Western Europe was the second-largest region in the global smart microwave oven market. The regions covered in the global smart microwave oven market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the smart microwave oven market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The smart microwave ovens market consists of sales of smart grill microwave ovens, smart convection microwave ovens, and other smart microwave ovens. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global smart microwave ovens market is segmented - 1) By Product Type: Grill Microwave Oven, Convection Microwave Oven, Microwave/Light-wave Oven, Other Product Types 2) By Technology: Bluetooth, Wi-Fi, NFC 3) By Distribution Channel: Hypermarket and Supermarket, Speciality Store, Online Store, Other Distribution Channels 4) By End User: Commercial, Personal

A wireless earphone is an electrical device that fits over or in your ears that transmits audio signals through radio or infrared (IR) signals, depending on the device. Wireless earphones get connected to the device via Bluetooth technology or Wi-Fi. Wireless headphones are connected to a device such as a computer, television, stereo speaker, smartphone, gaming console, and other electronic devices without using a cable or wire. The main types of wireless earphones are in-ear, neckband, and TWS (True Wireless Stereo) and are connected by Wi-Fi and Bluetooth. They are used in music and entertainment, sports and fitness, gaming and virtual reality and are available at hypermarkets/supermarkets, multi-branded stores, exclusive stores, and online channels. The wireless earphones market research report is one of a series of new reports from The Business Research Company that provides wireless earphones market statistics, including wireless earphones industry global market size, regional shares, competitors with a wireless earphones market share, detailed wireless earphones market segments, market trends and opportunities, and any further data you may need to thrive in the wireless earphones industry. This wireless earphones market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wireless earphones market size grew from $4.89 billion in 2022 to $5.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The wireless earphones market size is expected to grow to $7.05 billion in 2027 at a CAGR of 7.9%. A rising preference for wireless devices connected with the improved use of smart technology is predicted to fuel demand for wireless earphones over the forecast period. The rapid technological advancements in portable consumer electronic goods, including earphones, are witnessing significant innovations leading to vast transformation in sound output, appearance, connectivity, and portability. The surge in affordability of wireless connectivity and the introduction of new variants with value-added features are shifting customers towards wireless earphones. According to the Cellular Telecommunications Industry Association (CTIA), around 80% of customers think that wireless services are a necessity. In addition to this, approximately 5.1 billion people are using mobile worldwide and 89% of people prefer to keep their smartphones within their reach globally. Thus, the growing preference for wireless devices along with the increased use of smart technology is expected to drive the growth of the wireless earphones market. The limited connecting accessibility in regards to distance range from the device is restricting the growth of the wireless earphone market. Wireless earphones are connected to devices using a procedure called pairing. Most of the wireless earphones with class 2 have a standard operating of around 33 feet, only a couple of wireless earphones of class 1 have a range up to 300 feet. Earphones within this range connections are crystal clear. For example, Sony MD-RXB50AP uses a greater frequency range of 4-24,000 Hz than Audio-Technica SPORT2BK with 15-24,000 Hz. A significant change between the lowest and highest values signifies a larger range of coverage. Thus, poor connecting accessibility from the device is likely to hinder the growth of the wireless earphone market in the coming years. Technology advancements are a leading trend gaining popularity in the wireless earphones market. Major players operating in the market are continuously focusing on technological innovations to meet customers’ requirements and expand the company’s customer base. For instance, in August 2020, Sony introduced the WF-1000XM3 true wireless earphones with active noise cancellation in India. Sony WF-1000XM3 comes with a proprietary QN1e processor for active noise cancellation. The earphones have 6mm, dynamic drivers, a frequency response range of 20Hz to 20,000Hz, Bluetooth 5.0 for connectivity, and support for the SBC and AAC Bluetooth codecs. In January 2022, Vitec Imaging Solutions, an Italy-based premium branded hardware and software solutions provider acquired Audix Corporation for an undisclosed amount. With the acquisition, Audix accelerates and strengthens its audio capture strategy by bringing additional specialist R&D capabilities to enable the group to design and build microphones in-house. Audix Corporation is a US-based designer and manufacturer of wireless earphones and electronic components. Major players in the wireless earphones market are Apple Inc., Bose Corporation, Sony Corporation, Koninklijke Philips, Sennheiser Electronic, Samsung Group, LG Electronics, Skullcandy, Panasonic Corporation, Plantronics Inc., Shure Incorporated, Japan Victor Company (JVC), One Plus Technology Co. Ltd., Logitech International S.A., Harman International Industries Inc., Zebronics India Pvt. Ltd., Motorola Solutions Inc., HTC, Nokia, LG Electronics, and Fujikon Industrial Holdings Ltd. North America was the largest region in the wireless earphones market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the wireless earphones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wireless earphones market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The wireless earphones market consists of sales of neckband wireless earphones, in-ear wireless earphones, true wireless stereo (TWS) wireless earphones, and other wireless earphones. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wireless earphones market is segmented - 1) By Product Type: In-ear, Neckband, TWS (True Wireless Stereo), Other Product Types 2) By Connectivity: Wi-Fi, Bluetooth 3) By Application: Music and Entertainment, Sports and Fitness, Gaming and Virtual Reality 4) By Distribution Channel: Hypermarkets/ Supermarkets, Multi Branded Stores, Exclusive Stores, Online Channels

Real-time location systems (RTLS) refer to a system that is used to automatically recognize and track the location in real-time. A real-time location system (RTLS) is one of several systems that recognizes a target's present geolocation, which can range from a vehicle to a manufacturing plant product to a human. The RTLS is used for fleet tracking, navigation, inventory and asset tracking, personnel tracking, and network security. The main types of components in real-time location systems (RTLS) are hardware, software, and service. In RTLS hardware, a transmitter is attached to an individual or property and uses a wireless signal to provide identification and location data to receivers. Signals from tagged assets are received by RTLS receivers placed across the facility, which identify the location. They can detect location either by the tag's proximity to receivers or by a mathematical technique called trilateration, based on the wireless technology employed. The different technologies include RFID, Wi-Fi, ultra-wideband (UWB), Bluetooth low energy (BLE), ultrasound, infrared (IR), GPS, and others and are used in inventory or asset tracking and management, personnel or staff locating and monitoring, access control and security, environmental monitoring, supply chain management, and operational automation or visibility, others. It is implemented in various verticals such as transportation and logistics, healthcare, retail, manufacturing and processing, and others. The real-time location systems (RTLS) market research report is one of a series of new reports from The Business Research Company that provides real-time location systems (RTLS) market statistics, including real-time location systems (RTLS) industry global market size, regional shares, competitors with a real-time location systems (RTLS) market share, detailed real-time location systems (RTLS) market segments, market trends and opportunities, and any further data you may need to thrive in the real-time location systems (RTLS) industry. This real-time location system (RTLS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global real-time location systems (RTLS) market size grew from $7.13 billion in 2022 to $9.2 billion in 2023 at a compound annual growth rate (CAGR) of 29.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The real-time location systems (RTLS) market size is expected to grow to $25.29 billion in 2027 at a CAGR of 28.8%. The increasing demand for smartphones is expected to propel the growth of the real-time location system (RTLS) market in the coming years. A smartphone is a portable electronic device that connects to a cellular network. Smartphones enable users to make phone calls, deliver text messages and connect to the internet. The growing population across the globe has led to an increase in the demand for smartphone. Smartphones are used for incident response and emergency management because of real-time location system (RTLS) innovation, which is used to automatically spot and track the destination of objects or people in real-time. For instance, according to the Mobile User Statistics report, in 2021, there will be 3.8 billion smartphone users worldwide, accounting for 48.33% of the global population. Therefore, the increasing demand for smartphones drives the growth of the real-time location system (RTLS) market. The growing technological advancements are shaping the real-time location system (RTLS) market. Major firms operating in the real-time location system (RTLS) sector are focused on developing technological solutions for real-time locating and monitoring of assets and employees. For instance, in July 2020, Advantech, a China-based provider of industrial computing platform solutions, launched a real-time location system (RTLS) solution-ready package (SRP) based on multi-mode sensing dynamic fusion (MSDF) technology. The MSDF technology, which uses a software algorithm to decrease interference from barriers, improves positioning effectiveness in challenging indoor environments, making it perfect for hospitals, nursing homes, and clinics. In February 2020, Qorvo, a US-based company that designs, develops, manufactures and markets a variety of high-performance analogue and mixed-signal integrated circuits, acquired Decawave for an undisclosed amount. With this acquisition, the Decawave team has become the Ultra-Wideband Business Unit (UWBU) within Qorvo Mobile Products. Decawave is a Europe-based company that provides real-time location tracking services. Major players in the real-time location systems market are Zebra Technologies Corp., Stanley Healthcare, CenTrak Inc., Ubisense Group PLC., TeleTracking Technologies Inc., Sonitor Technologies AS, AeroScout Industrial, DecaWave Limited, MidmarkRtls Solutions Inc., AiRISTA Flow Inc., SaviTechnology, Lockheed Martin Corporation, GE Healthcare, Impinj, Identec Group AG, and Ekahau. North America was the largest region in the real-time location systems (RTLS) in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the real-time location systems (RTLS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the real-time location systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The realtime location center market includes revenues earned by entities by showing real time tracking status of objects and providing data-based insights. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global real time location systems rtls market is segmented - 1) By Component: Hardware, Software, Service 2) By Technology: RFID, Wi-Fi, Ultra-wideband (UWB), Bluetooth Low Energy (BLE), Ultrasound, Infrared (IR), GPS, Other Technologies 3) By Application: Inventory Or Asset Tracking And Management, Personnel Or Staff Locating And Monitoring, Access Control And Security, Environmental Monitoring, Supply Chain Management And Operational Automation Or Visibility, Other Applications 4) By End Use Industry: Transportation And Logistics, Healthcare, Retail, Manufacturing And Processing, Other End User Industries

The wireless sensor network refer to a wireless system with wireless infrastructure deployed in a large number across various verticals. It is a network of small devices called sensors that communicate wirelessly among themselves in an ad-hoc manner. Wireless sensor networks can monitor the system and physical or environmental conditions. It is a spatially distributed sensor network that sends information to the sink node, then transfers it to the end-user. The main components in the wireless sensor network market are hardware, software and services. The wireless sensor network hardware refer to physical components used in a wireless sensor network. The hardware components of a wireless sensor network include a processing unit, a transceiver unit, a sensing unit, and a power unit. These components work together to perform the desired action. The various types of sensors include ambient light sensors, motion and position sensors, temperature sensors, heart rate sensors, pressure sensors, IMUS (6-axis, 9-axis), accelerometers (3-axis), blood glucose sensors, image sensors, humidity sensors, carbon monoxide sensors, blood oxygen sensors, flow sensors, level sensors, chemical sensors, ECG sensors and others (MRR, ultrasonic sensors, vehicle detection sensors, pedestrian presence sensors, speed sensors, soil moisture sensors). The different wireless sensor network connectivity type include WI-FI, Bluetooth, Bluetooth/WLAN, cellular network, GPS/GNSS module, Bluetooth smart/BLE, Zigbee, NFC, WHART, ISA100 and ANT+. The end-users for wireless sensor networks include building automation, wearable devices, healthcare, industrial, automotive and transportation, oil and gas, retail, agriculture, aerospace and defense and BFSI. The wireless sensor network market research report is one of a series of new reports from The Business Research Company that provides wireless sensor network market statistics, including wireless sensor network industry global market size, regional shares, competitors with a wireless sensor network market share, detailed wireless sensor network market segments, market trends and opportunities, and any further data you may need to thrive in the wireless sensor network industry. This wireless sensor network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global wireless sensor network market size grew from $75.54 billion in 2022 to $88.76 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The wireless sensor network market size is expected to grow to $172.14 billion in 2027 at a CAGR of 18.0%. The increasing demand for smart consumer devices is expected to propel the growth of the wireless sensor network market. The demand for smart consumer devices is growing due to comfort, convenience, ease of use, automation, affordability, security, and other reasons that make people’s lives better. This increasing demand for smart consumer devices will create demand for the wireless sensor network as it is one of the technologies used to make consumer devices smart and intelligent by using IoT and automation. The wireless sensor networks address needs such as remote home monitoring and the general public's growing concern about safety, security, and convenience. For instance, according to a survey by Oberlo, a Lithuania-based software company, in 2022, nearly 57.4 million US households are actively using smart home devices, which is a 6.7% increase than in 2021, during which 53.8 million households were using smart home devices. Thus, the increasing demand for smart consumer devices will drive the growth of the wireless sensor network market. Innovation in sensor technologies is a key trend gaining popularity in the wireless sensor network market. The use of sensor proliferation, sensor fusion, magnetic, radar, and Bluetooth technologies along with artificial intelligence (AI) continues to accelerate innovation as it improves IoT security, and sensor proximity making it safer to transmit critical data. This improves remote operation capabilities while incorporating sensors into devices to reduce costs and improve performance. Major companies operating in the wireless sensor network market are focused on providing innovative wireless sensors to strengthen their market position. For instance, In September 2020, Eleven-X, a Canadian information technology company specializing in wireless technology and connectivity, introduced its innovative, wireless, real-time smart parking sensor, SPS-X. It uses a LoRaWAN-based (long-range wide area network) sensor with a combination of magnetic, radar, and Bluetooth technologies in addition to cloud-based AI for reliable, real-time guidance to available spaces, space usage, and time of usage information. This sensor is helpful for municipalities, campuses, and parking organizations to monitor parking occupancy and understand parking usage. In March 2020, TE Connectivity Ltd., a Swiss manufacturer of sensors and connectors acquired First Sensor AG for an undisclosed amount. With this acquisition, TE Connectivity expands its operations with optical sensing applications for heavy truck, auto, and industrial uses as well as further expand its capabilities. First Sensor AG is a German manufacturer of sensor and wireless network products across various medical, transportation, and other industries. Major players in the wireless sensor network market are ABB Ltd., Siemens AG, ST Microelectronics, NXP Semiconductors, General Electric Company, Emerson Electric Co, Analog Devices, Honeywell International Inc., Cisco Systems Inc., Texas Instruments Incorporated, TE Connectivity, Yokogawa Electric Corporation, Radiocrafts AS, Silicon Laboratories, Parker Hannifin Corp, Huawei Technologies Co Ltd., Advantech Co Ltd and Eurotech. North America was the largest region in the wireless sensor network market in 2022. The regions covered in the wireless sensor network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the wireless sensor network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The wireless sensor network market consists of revenues earned by entities by providing wireless sensor network solutions and services such as target tracking, control, and monitoring, node location, synchronization, and effective routing between nodes and base stations to enhance the collection, process, and transfer of data in an organization. The market value includes the value of related goods sold by the service provider or included within the service offering. The wireless sensor network market also includes sales of sensing units, processing units, communication units, and power units. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wireless sensor network market is segmented - 1) By Component: Hardware, Software, Services 2) By Sensor Type: Ambient Light Sensors, Motion And Position Sensors, Temperature Sensors, Heart Rate Sensors, Pressure Sensors, IMUs (6-Axis, 9-Axis), Accelerometers (3-Axis), Blood Glucose Sensors, Image Sensors, Humidity Sensors, Carbon Monoxide Sensors, Blood Oxygen Sensors, Flow Sensors, Level Sensors, Chemical Sensors, ECG Sensors, Other Sensor Types 3) By Connectivity Type: Wi-Fi, Bluetooth, Bluetooth/WLAN, Cellular Network, GPS/GNSS Module, Bluetooth Smart/BLE, ZigBee, NFC, WHART, ISA100, ANT+ 4) By End-User Industry: Building Automation, Wearable Devices, Healthcare, Industrial, Automotive And Transportation, Oil And Gas, Retail, Agriculture, Aerospace And Defense, BFSI

An IoT node and gateway refers to the physical device or technology that performs important tasks such as data security and filtering, connecting devices, and protocol conversion, among others. These devices and software serve as a point of contact for various peripheral systems, including controllers, clouds, devices, and sensors. The main components of the IoT node and gateway market are sensors, processors, connectivity IC, logic devices, and memory devices. Sensors use a gateway-based architecture to connect the nodes to the cloud servers. The different connectivity include ethernet; Wi-fi; Bluetooth, Zigbee, z-wave, and it, hers and is used in healthcare, automotive and transportation, consumer electronics, industrial, BFSI, oil and gas, aerospace and defense, and others. The various sectors include industrial and consumer. The internet of things (IoT) node and gateway market research report is one of a series of new reports from The Business Research Company that provides internet of things (IoT) node and gateway market statistics, including internet of things (IoT) node and gateway industry global market size, regional shares, competitors with an internet of things (IoT) node and gateway market share, detailed internet of things (IoT) node and gateway market segments, market trends and opportunities, and any further data you may need to thrive in the internet of things (IoT) node and gateway industry. This internet of things (IoT) node and gateway market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global internet of things (IoT) node and gateway market size grew from $10.2 billion in 2022 to $13.54 billion in 2023 at a compound annual growth rate (CAGR) of 32.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The internet of things (IoT) node and gateway market size is expected to grow to $38.18 billion in 2027 at a CAGR of 29.6%. The emergence of 5G technology is expected to propel the growth of the IoT node and gateway market in the forecast period. 5G enables more stable and faster secure connectivity. 5G's enhanced bandwidth enables more data to be transferred in a given amount of time, and its decreased latency lets data reach its destination faster. These networks provide increased coverage, which supports multiple network topologies, allowing IoT nodes and gateways to communicate easily. For instance, according to a report by Ericsson, a Swedish telecoms corporation, the number of global 5G smartphone subscriptions climbed to 600 million in 2021, up three times from the number in 2020, and 5G subscribers are predicted to cross one billion by 2022. Therefore, the emergence of 5G technology propels the growth of the IoT node and gateway market. Technological advancement is a key trend gaining popularity in the IoT node and gateway market. Major companies operating in the IoT node and gateway sector are focused on developing a new technological solution for IoT nodes and gateway to meet consumer demand and strengthen their position. For instance, in March 2022, ADB SAFEGATE, a US-based provides integrated solutions, launched LINC Node, a Gateway for Airfield Ground Lighting Infrastructure to the Internet of Things. LINC Node offers a cloud solution that allows airfield ground information sharing and improves the potential to analyze the airport infrastructure, data, and alarm system which enhances the maintenance cycle. In April 2020, MaxLinear, Inc., a US-based hardware company acquired Intel's home gateway platform division for $150 million. Through this acquisition, MaxLinear's existing connected home portfolio will be strengthened which brings together a comprehensive, flexible, complementary platform of connectivity and access solutions to meet the demands of its clients across key end-markets. Intel is a US-based semiconductor company that provides IoT Gateway technology. Major players in the internet of things (IoT) node and gateway market are Dell, Advantech Co. Ltd., TE Connectivity, Cisco Systems Inc., Aaeon Technology Inc., Microchip Technology Inc., Nexcom International Co. Ltd., Helium System Inc., Samsara Networks Inc., STMicroelectronics N.V., Eurotech S.P.A., Adlink Technology Inc., Mitsubishi Electric Corporation, Lantronix Inc., Nexcom International Co. Ltd., NXP Semiconductors N.V., Hewlett Packard Enterprise, and Arm Holdings. North America was the largest region in the internet of things (IoT) node and gateway market in 2022. The regions covered in the internet of things (IoT) node and gateway market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the internet of things (IoT) node and gateway market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The internet of things (IoT) node and gateway market consist of sales of IoT node and gateway components that serve as the connection point between the sensors and intelligent devices, cloud and controllers, thus facilitating connections between different data sources and destinations. IoT node and gateway are used to facilitate communication with legacy or non-internet connected devices, data caching, buffering and streaming, pre-processing, cleansing, filtering, and optimization, data visualization, and others. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global internet of things IoT node and gateway market is segmented - 1) By Component: Sensors, Processor, Connectivity IC, Logic Devices, Memory Devices 2) By Connectivity: Ethernet, Wi-fi, Bluetooth, Zigbee, Z-wave, Other Connectivities 3) By Application: Healthcare, Automotive And Transportation, Consumer Electronics, Industrial, BFSI, Oil And Gas, Aerospace And Defense, Other Applications 4) By End User: Industrial, Consumer

A wireless intercom is a piece of electronic equipment that allows people to communicate wirelessly. The main types of wireless intercoms are outdoor intercoms and indoor intercoms. An outdoor intercom is a type of intercom that can be installed near a building's doors and functions similarly to a doorbell, but apart from that people inside can converse with the visitor. The different technologies include Wi-Fi band, and radiofrequency and use single, double, and multi-radio frequencies. It is used in various applications such as small and medium enterprises (SMEs), large enterprises, hospitality, security and surveillance, transportation and logistics, and others. The wireless intercom market research report is one of a series of new reports from The Business Research Company that provides wireless intercom market statistics, including wireless intercom industry global market size, regional shares, competitors with a wireless intercom market share, detailed wireless intercom market segments, market trends and opportunities, and any further data you may need to thrive in the wireless intercom industry. This wireless intercom market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global wireless intercom market size grew from $7.11 billion in 2022 to $7.56 billion in 2023, at a compound annual growth rate (CAGR) of 6.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wireless intercom market size is expected to grow to $9.91 billion in 2027 at a CAGR of 7.0%. The increase in demand for robust security solutions is expected to drive the growth of the wireless intercom market in the coming years. The term robust security network is utilized in Wi-Fi networks to depict the security upgrades incorporated in the IEEE 802.11i and WPA (Wi-Fi Protected Access) 1 and 2 Variants. This set of protocols is designed to compensate for WEP's flaws (Wired Equivalent Privacy). The wireless intercom companies are focused on developing robust security solutions for intercom devices. For instance, in 2020, Swiftlane, a US-based Modern and Secure entry-management solution provider introduced Swiftlane Video Intercom. This system makes use of cloud-based technology to enable robust security access to a large common space that includes guest management, package management, and wireless access control. To open and enter the building safely, it uses smartphone credentials, face recognition, a key card, and a PIN code. Therefore, the increasing demand for robust security solutions propels the growth of the wireless intercom market. Technological advancements are shaping the wireless intercom market. Major companies operating in the wireless intercom are focused on developing new technological solutions to strengthen their position and meet consumer demand. For instance, in December 2021, Videx Security Ltd., a UK-based manufacturer, and supplier of access control systems, introduced a new range of 4G GSM intercom systems for advanced security and wireless communications. The 4G intercoms can connect to 4G, 3G, and 2G networks, enabling audio calls to any phone number with HD audio over VoLTE. Dial to open coded access, and proximity access control is further features. Other features include free access periods, access control time bands with access levels to restrict some users' access to certain hours and days, and event logs that can be remotely downloaded and viewed online, providing a convenient way to monitor system activity. In December 2021, Potter Electric Signal Company, a US-based manufacturer of sprinkler monitoring devices, fire alarm systems, & corrosion solutions acquired Valcom for an undisclosed amount. Through this acquisition, Potter Electric Signal Company aims to strengthen its portfolio in emergency communication systems used in commercial projects and to expand its engineering, marketing, and sales initiatives to drive growth in new applications. Valcom is a US-based provider of voice paging intercom and mass notification communications systems. Major players in the wireless intercom market are Panasonic, Clear-Com, Zenitel Group, RTS Intercom, Riedel Communications, Telephonics Corporation, Sena Technologies Inc., Motorola Solutions Inc., Aiphone Co., Ltd., Alcatel-Lucent S.A., VTech Holdings Limited, Wisycom Srl, Commax Co., Ltd., Honeywell International Inc., Legrand, Samsung Electronics Co. Ltd., and TAMURA Corporation. Asia-Pacific was the largest region in the wireless intercom market in 2022. Europe was the second-largest region in the wireless intercom market. The regions covered in the wireless intercom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wireless intercom market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The wireless intercom market consists of sales of devices and technology that enable building-to-building or room-to-room voice communication. A wireless intercom is a telecommunications device that allows voice communication among intercom stations without the use of copper wires. This device sends and receives radio signals using radio waves. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wireless intercom market is segmented - 1) By Type: Outdoor Intercom, Indoor Intercom 2) By Technology: Wi-Fi Band, Radio Frequency 3) By Radio Frequency: Single, Dual, Multi 4) By Application: Small And Medium Enterprises (SMEs), Large Enterprises, Hospitality, Security And Surveillance, Transportation And Logistics, Other Applications

The Wi-Fi 6 refers to the next generation standard in WiFi technology. WiFi 6 also known as "AX WIFI" or"802.11ax WiFi" builds and improves on the current 802.11ac WiFi standard. WiFi 6 was originally built-in response to the growing number of devices in the world. WiFi 6(802.11ax) is designed to improve speed, increase efficiency, and reduce congestion in heavy bandwidth usage scenarios. The main offerings of Wi-Fi 6 are hardware, solutions, and services performance gained from WiFi 6 requires new hardware because software updates are not as reliable as hardware updates. A WiFi 6-capable router is necessary in order to benefit from this new technology, even though the vast majority of the home's equipment already supports WiFi 6. The devices are mesh routers, wireless access points, home gateways, and wireless repeaters. The commercial use: enterprises, consumers. The end users include education, retail, e-commerce, healthcare, government, hospitality, transportation and logistics, manufacturing, consumer electronics, augmented reality and virtual reality (AR/VR), and smart cities. The Wi-Fi 6 market research report is one of a series of new reports from The Business Research Company that provides Wi-Fi 6 market statistics, including Wi-Fi 6 industry global market size, regional shares, competitors with a Wi-Fi 6 market share, detailed Wi-Fi 6 market segments, market trends and opportunities, and any further data you may need to thrive in the Wi-Fi 6 industry. This Wi-Fi 6 market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wi-fi 6 market size grew from $12.88 billion in 2022 to $17.33 billion in 2023 at a compound annual growth rate (CAGR) of 34.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wi-fi 6 market size is expected to grow to $62.48 billion in 2027 at a CAGR of 37.8%. Increasing deployment of public Wi-Fi is expected to propel the growth of the Wi-Fi 6 market. These "hotspots" are so common that people connect to them automatically. Users may use the internet for free because of Wi-Fi, which is available in many places such as hotels, malls, coffee shops, and restaurants. Since it theoretically provides a higher speed, Wi-Fi 6 is regarded as the standard for the future. For instance, in 2019, according to a report released by vikaspedia an online information guide launched by the government of India, the national digital communication policy has planned 5 million Wi-Fi hotspots projected by 2020 and 10 million by 2022 as of 2019 India has 0.35 million public wi-fi hotspots, according to estimates. Therefore, demand for Wi-Fi 6 will rise as the prevalence of the growing deployment of public Wi-Fi rises. Technological advancements are a key trend gaining popularity in the Wi-Fi 6 market. Major companies operating in the Wi-Fi 6 market are focused on developing new technological solutions flexible across other elements driving the expansion of technology like traffic prioritization, OFDMA, and beamforming. Additionally, more secure, the new protocol makes use of SAE and other cutting-edge encryption techniques. The more recent 6 GHz frequency band is available to Wi-Fi 6-capable devices, allowing for better connectivity. For instance, in December 2021, Huawei a China-based multinational technology corporation and manufacturer of telecommunications equipment company launched AirEngine 6760–X1 & 6760–X1E, which provide high-quality signal coverage with no blind spots by efficiently increasing signal strength and enabling signals to follow people. Alternately, the AirEngine 6760-X1E can be coupled with several external antennae to adapt to challenging settings, including high-rise constructions and limited hallways. In May 2020, Intel Corporation, a US-based developer of microprocessors and semiconductor manufacturing company, acquired Rivet Networks for an undisclosed amount. Through this acquisition, the Killer AX1650 Wi-Fi solution, created by Intel and Rivet Networks in collaboration, offers compelling Wi-Fi 6 technology coupled with immersive entertainment and gaming experiences. The features of Rivet Networks' solutions, particularly its software, complement those of Intel's wireless offerings. Rivet Networks LLC is a US-based company, with hardware, software, and cloud-based technology to deliver solutions. Major players in the wi-fi 6 market are Cisco Systems, Intel Corporation, Huawei Technologies, NETGEAR, Juniper Networks, Broadcom Inc., Qualcomm Inc.,, Extreme Networks, Ubiquiti Inc., Fortinet Inc., Aruba Networks, NXP Semiconductors, AT&T, Cambium Networks, D-Link Corporation, Alcatel-Lucent, TP-Link, MediaTek, Telstra, and Murata. North America was the largest region in the Wi-Fi 6 market in 2022 and is expected to be the fastest-growing region in the forecast period. The regions covered in the Wi-Fi 6 market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the Wi-Fi 6 market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The Wi-Fi 6 market consists of revenues earned by entities by providing hardware for Wi-Fi 6, including wireless access points, home gateways, and mesh routers. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global Wi-Fi 6 market is segmented - 1) By Offering: Hardware, Solutions, and Services 2) By Devices: Mesh Routers, Wireless Access Points, Home Gateways, Wireless Repeaters 3) By Commercial Use: Enterprises, Consumers 4) By End Users: Education, Retail and E-Commerce, Healthcare, Government, Hospitality, Transportation and Logistics, Manufacturing, Consumer Electronics, Augmented Reality and Virtual Reality (AR/VR), Smart Cities