Market Share of Wireless Sensors Network Industry
The wireless sensors network market is fragmented. It is a highly competitive market without any single dominant player present in the market. The players are focused on strategic investments to innovate new products, collaborations and partnerships, and mergers and acquisitions to strengthen the market position.
- November 2023: STMicroelectronics released a new microcontroller (MCU) that fuses the company’s expertise in wireless-device design with its high-performing and efficient STM32 architecture, especially valuable in remotely deployed applications, including metering and monitoring devices and data from alarm systems, actuators, and sensors in today’s smart buildings, smart factories, and smart cities.
- October 2023: NXP Semiconductors announced the launch of AW693, a new automotive-qualified wireless connectivity solution. Designed for automotive from the ground up and part of the industry’s most complete automotive wireless connectivity portfolio, AW693 enables concurrent dual Wi-Fi 6E and Bluetooth 5.3 connections, protected by NXP’s integrated EdgeLock secure subsystem, to deliver many secure connections in the car.
Wireless Sensors Network Market Leaders
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Siemens AG
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ST Microelectronics
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Emerson Electric Co.
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NXP Semiconductors
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ABB Ltd
*Disclaimer: Major Players sorted in no particular order
