Source: ABI Research
On 10:06 am EST, Monday November 9, 2009
LONDON--(BUSINESS WIRE)--Growing interest and investment in and funding for improved building energy management will help fuel demand for products and applications using IEEE 802.15.4 semiconductors.
Over the next five years, 802.15.4 chipset shipments will underpin a host of wireless sensor networks (WSNs) across home, building and industrial building automation, as well as Advanced Meter Infrastructures. This will help fuel the growth of the 802.15.4 chipset WSNs market from just over $10 million in 2008 to nearly $155 million in 2014, a Compound Annual Growth Rate of 87.9% over the period.
To date, the 802.15.4 market has grown steadily, based on proprietary point-to-point solutions and some ZigBee-based AMI infrastructure trials. According to ABI Research principal analyst Jonathan Collins, “With growing interest in the potential for wireless sensor networks in commercial building automation and management systems as well as smaller residential deployments, wireless is set to become a key development in the transition to smart energy management.”