What Sensor Network Technology Opportunities Are Fueling the Building and Industrial Automation Sectors?

Data-driven decision-making and low-cost optimization megatrends drive industry growth

Overview

Frost & Sullivan’s analysis indicates that sensor network technology will record immense growth, potentially resulting in billions of connected devices due to constant improvements in enabling technologies, particularly AI. Growing demands in multiple industries, including information and communications technology (ICT), manufacturing, automotive, defense, aerospace, consumer electronics, fast-moving consumer goods (FMCG), and energy, will likely boost growth. The technology has diverse applications and is expected to be a core component for other industries to achieve sustainability goals.

  • How can your team capitalize on the growing demand for sensor networks across sectors like manufacturing, automotive, defense, aerospace, and consumer electronics?
  • How will advancements such as high-power edge processors, low-power radio frequency antenna innovations, and integration of satellite-based internet connectivity impact the growth of sensor networks?
  • What technological and socioeconomic factors are driving growth in the building and industrial automation sectors?

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