Wireless Sensors Market to Reach $32.4 Billion by 2028, Driven by Home Automation and Industrial Applications
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The wireless sensors market is projected to reach $32.4 billion by 2028, growing at a 21.4% CAGR from 2023.
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Home automation and indoor applications are expected to significantly contribute, though other sectors like industrial and automotive will also drive growth.
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Wireless technologies covered include Zigbee, Bluetooth, Wi-Fi, RFID, and others across applications like agriculture, healthcare, logistics, etc.
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Key players include NXP Semiconductor, Emerson Electric, Texas Instruments, ABB, Siemens, Schneider Electric, and more.
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The report provides market analysis, trends, growth drivers and restraints, competitive landscape, company profiles, and patent analysis.