Accueil Non classé WI-SUN Technology Market Primary and Secondary Research with Focus on Industry Challenges, Opportunities, Trends and Segmentation

WI-SUN Technology Market Primary and Secondary Research with Focus on Industry Challenges, Opportunities, Trends and Segmentation

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WI-SUN Technology Market – Geographical Analysis

North America dominates the global WI-SUN technology market. The largest market share attributes to technological advancement and increased adoption of WI-SUN technology across various industry verticals. Besides, the strong presence of several notable industry players focused on testing & commercial deployment of Wi-SUN based systems for industrial and commercial purposes drive the regional market growth.

Moreover, the augmented demand and wide availability of WI-SUN technology in the region defines the growing landscape of the market. The North American WI-SUN technology market is poised to continue with its dominance throughout the assessment period.

The Asia Pacific region stands second in the global WI-SUN technology market. In 2018, this market had valued at USD 362.51 MN. The market growth is driven by the wide adoption of WI-SUN devices across the end-user sectors.  India, China, and Japan are rapidly growing markets in the region due to their increasing smart city projects and upgrades in utilities. In India, WI-SUN technology applications increase in smart meters, smart street lightings, smart building, and industrial areas. The APAC WI-SUN technology market is projected to grow at 29.1% CAGR throughout the forecast period.

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Market Research Future (MRFR), in its WI-SUN technology market analysis, asserts that the market is expected to create a value of USD 6013.2 MN by 2025, registering an impressive CAGR throughout the review period (2019 – 2025). MRFR, in its recently published study report on COVID 19 impact on the global of WI-SUN technology market, states that the market had reached USD 1232.5 MN in 2018.

Growing need for a low-power wide-area network (LPWAN) across application areas such as smart meters, smart street lightings, and smart building boosts the market growth. Additionally, the rising needs for comprehensive technology and standards that can offer an effective network drive the adoption of Wi-SUN technology. Technological upgrades in hardware products, including sensors, routers, wireless modules, and HEMS controllers and software solutions such as sensor device software and gateway software, influence the size of the WI-SUN technology industry.

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About Market Research Future:

Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.

Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.

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