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Archive for September 28th, 2006

Wireless Sensor Systems Market Expected to Grow Rapidly Over the Next 5 - 10 Years

Thursday, September 28th, 2006

Research and Markets has announced the addition of Comprehensive Analysis of Wireless Sensor Systems Market to their offering

The prospects for WSN technology are most promising. The market for wireless sensor systems should grow rapidly over the next 5-10 years. Depending on the outcome of standardization efforts and developments in affiliated markets, sales of wireless sensor systems could reach 5 to 7 billion dollars in future. The WSN market must grow rapidly to reach such levels so quickly, however. As the market takes off from its current small base, sales will multiply year-to-year. Annual growth rates will fall through a still substantial 40 or 50%.

The complete story here. The report is available here.

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