The Networking Technology Service analyzes the communications and networking Integrated Circuit market that enables today's cutting-edge LAN, WAN, MAN and access systems.
The networking equipment market in Canada experienced strong growth in wireless LAN and security appliances in 2014, with an overall market growth of 3.3%. The networking equipment market in Canada is forecast to hit $2.7 billion in revenue for 2019, a five-year CAGR of 4.1%. Expect to see the network equipment market gain momentum in 2015 as Canadian organizations invest in technologies which will increase the bandwidth of their networks from the core out to the campus. 10 Gb+ switching, UTM security appliances, and wireless ac access points are expected to be strong performing markets throughout the forecast period.
Worldwide markets are poised to achieve significant growth as the Semiconductor Wireless Sensor Network is used to implement the Internet of things and to monitor pipelines, oil wells, and healthcare patients to illustrate the variety of projects supported by these networks. Semiconductor wireless sensor networks are used for bridge monitoring, implementing the smart grid, implementing the Internet of things, and monitoring for security implementation. The systems are used to implement energy savings in homes and commercial buildings, almost anything can be monitored with sensors and tracked on a smart phone. Projects are ongoing.
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