SOURCE: MarketResearch.com

MarketResearch.com

February 03, 2012 05:08 ET

Market Research Projects Wearable Wireless Sensors Market Growth at 110% CAGR Through 2014

ROCKVILLE, MD--(Marketwire - Feb 3, 2012) - MarketResearch.com has announced the addition of the new report "Global Wearable Wireless Sensor Market 2010-2014," to their collection of Computer Equipment market reports. For more information, visit http://www.marketresearch.com/Infiniti-Research-Limited-v2680/Global-Wearable-Wireless-Sensor-6773915/

This report forecasts the global wearable wireless sensors market to grow at a CAGR of 110 percent over the period 2010-2014. One of the key factors contributing to this market growth is the increase in number of chronically ill and aging population. The Global Wearable Wireless Sensors market has also been witnessing standardization of products. However, clinical and patient acceptance could pose a challenge to the growth of this market.

Commenting on the report, a healthcare analyst said, "The evolution of low-power technology such as Bluetooth 2.0 and 4.0 has increased the adoption of WWS among end-users, making it the most preferred connectivity technology for WWS. However, there are limitations in bandwidth and data transmission capabilities, still it is supporting well for moderate and regular applications. But for high-end use, connectivity solutions such as ZigBee, RFID, ISA 100, and IEE 145.7-2010 are using widely."

The report highlights that WWS market is in the initial growth stage, and there is a huge potential with increased R&D for products to suit the next generation sensor devices. The market is experiencing intense growth opportunities and several OEMs are eyeing to integrate backwards, this will result in emergence of new vendors apart from core WWS and wireless sensors manufacturers.

For more information, visit http://www.marketresearch.com/Infiniti-Research-Limited-v2680/Global-Wearable-Wireless-Sensor-6773915/

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