ON World: 650 Million Industrial Wireless Sensor Network Devices by 2027

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The industrial Internet of Things (IoT) is being driven by low-cost, low-power wireless components, battery-powered wireless sensors with multi-mile network coverage, mature wireless mesh network protocols and ubiquitous cloud-based platforms, according to IoT research firm ON World.

The burgeoning industrial Internet of Things (IoT) is being driven by low-cost, low-power wireless components, battery-powered wireless sensors with multi-mile network coverage, mature wireless mesh network protocols and ubiquitous cloud-based platforms, according to global IoT research firm ON World.

“Wireless mesh sensor networks, Low Power Wide Area Networks (LPWAN) and location services are driving industrial IoT adoption today,” said Mareca Hatler, ON World’s research director. “Industrial enterprises are optimizing their IoT solutions with system integration, alternative power sources and increased visibility of their assets in the plant and throughout the supply chain.”

IoT Trends

ON World’s recently completed survey with 160 IoT professionals was completed with the International Society of Automation (ISA) and the LoRa Alliance™. The survey found that three-quarters believe that wireless sensor networking (WSN) and IoT platforms are important strategic investment areas. The fastest growing WSN applications are asset tracking, corrosion monitoring, machine health monitoring and factory automation.

The survey respondents are using a wide range of wireless sensor network protocols. Three in five are using 802.15.4 with a wireless mesh network protocol such as WirelessHART, ISA100 Wireless, Wi-SUN or Zigbee. More than half are using Bluetooth or WiFi for wireless sensing, control or tracking applications. In addition, adoption of LPWAN technologies such as Sigfox, LoRaWAN™ and NB-IoT doubled from ON World’s previous survey in Q4 2016.

Users’ satisfaction with WSN systems’ battery lifetime, network range and system integration have had the most improvement over the last two years. Data analytics and energy harvesting are the most needed innovation areas. Security, cost and complexity continue to be the biggest WSN adoption inhibitors.

Target Markets

WSN solutions for process automation continues to grow including wireless mesh systems for gas detection, electric grid monitoring and flood sensors. As some of earliest adopters of WSN, oil and gas companies are using LPWAN solutions for wellhead automation, pipeline monitoring and asset tracking.

The fastest growing IoT applications are asset tracking and locating, machine health monitoring and factory automation.
Within the next decade, there will be 650 million wireless sensing, tracking and control devices in use worldwide for industrial automation, agriculture, logistics, construction and related industrial markets.

ON World’s recently published set of reports include the following:

  •     Industrial Wireless Sensor Networks
  •     Industrial IoT Global Survey
  •     Industrial LPWAN
  •     Oil & Gas WSN

More information and free executive summaries are available from: https://www.onworld.com/iwsnset

About ON World:
ON World (https://www.onworld.com) provides global business intelligence on Internet of Things markets. Since 2003, our market research has been used by Fortune 1000 companies, investors and IoT developers worldwide.

Contact:
Mary Purvis
p: 858-259-2397
e: purvis@onworld.com

*LoRa Alliance™ and LoRaWAN™ are marks used under license from the LoRa Alliance.

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Mary Purvis
ON World
+1 (858) 259-2397
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