(MENAFN- GetNews) Emerging IoT Tracking Device to Cater the Various Operations Is Driving the Growth of the Dash7 Devices Market.
The global Dash7 Devices market is size is forecast to reach $10.2 billion by 2026, growing at a CAGR of 18.1% in the period 2021-2026. Dash7 is an open source Wireless Sensor and Actuator Network protocol that offers pertinent solutions such as smart-city sensing applications and wide-area tracking technologies. The large-scale adoption of IoT communication protocol coupled with the increasing use of machine-to-machine communication devices, such as smart metering and livestock monitoring is estimated to contribute significantly to the Dash7 Devices Industry growth. Dash 7 devices is a fast-growing market as it has attracted more vendors in the past for powered wireless sensing equipment, low power long-range wireless connectivity between the systems and developments in big data. The growing popularity of green infrastructure in smart cities promotes the wireless Sensor Network and various LPWA variants, such as alarms, sensors and many more across industrial and urban networks, thereby fueling the Dash7 Devices Market revenue.
Dash7 Devices Market Segment Analysis – By Offerings
By Offerings, the Dash7 Devices Market is segmented into Hardware, Software and Services. The Hardware segment held the major share of 65.0% in the Dash7 Devices Market in 2020, owing to the growing demand for dedicated hardware accelerators, modules and chipset to manage customary versions of ultra-low power, advanced global tracking or navigation systems. In April 2019, e-peas, the Energy harvesting chip designer teamed up with SODAQ, the Dutch System integrator and launched e-peas' AEM10941 devices. This smart tracker battery-free animal tracking device has LoRa communication module, a passive NFC tag and accelerometer to gather data on cattle position as well as grazing pattern, which is presently used on Australian cattle ranches. Hence, the emerging IoT tracking device to cater the various operations is driving the growth of the Dash7 Devices Market.
Dash7 Devices Market Segment Analysis – By Industry Verticals
By Industry Verticals, the Dash7 Devices Market is segmented into Healthcare, Agriculture, Logistics and Transportation, Manufacturing, Utilities, Consumer Electronics, Government and Others. The Logistics & Transportation held the major share of 16.9% in the Dash7 Devices Market in 2020, owing to the high demand of IoT enabled devices to track valuable assets that are in transit. The industry 4.0 is about to be amplified by 5G technology and thus, denotes faster speed, lower latency, and higher bandwidth to functionalize as a smarter technology. In October 2019, Semtech launched LoRa Edge™ Tracker in reference to enhance geolocation applications and thus, provides automated asset management solutions. Many logistic enterprises are adopting M2M (Machine-to-Machine) Solutions with incorporated GPS and GPRS/3G technologies to prevent risks and enhance the freight transportation economy on a global level. In April 2019, the business intelligence solutions Detego launched Smart Shield, the RFID-based inventory management software to determine the relative location. Therefore, the varied implementation of IoT connections technology, such as power line carrier solution and wireless ad hoc networks service are some of the factors that are driving the growth of the Dash7 Devices Market.
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Dash7 Devices Market Segment Analysis – By Geography
North America dominated the Dash7 devices market in 2020 with a share of 38.9%. This is owing to the high demand for multiple applications ranging from agriculture monitoring, traffic monitoring, health and wellbeing monitoring to wireless sensor networks. In March 2019, DoorKing launched new 900MHz Wireless Expansion Kits that can add access points from anywhere and seamlessly connect with keypads, card readers and other devices. To strengthen IoT application deployments, the cloud service providers are integrating best connectivity options, thus, relying more on network solutions. In addition, the high investment in the mobility landscape across the U.S.A such as advanced sensors for the driving-assistance system, e-hailing and semiconductors, are driving the market of Dash7 devices. In 2019, Tesla sold 367,500 cars (Model 3) that have the over-the-air updates ability because of the tracker by Bloomberg. Asia Pacific is set to be the fastest-growing Dash7 devices market during the forecast period 2021-2026 owing to emerging adoption of IoT technologies, specifically NB-IoT and LoRa. In September 2019, KONE India launched intelligent and IoT connected elevators and escalators in collaboration with IBM Watson, the leader in cognitive computing. Therefore, to offer high-end managed services across the competitive market landscape, major companies are investing to develop advanced LPWAN solutions such as wireless mesh networks and other designed wireless coverage, thereby driving the demand of the Dash7 Devices Market.
Dash7 Devices Market Drivers
Increasing demand for an efficient Green Infrastructure
To restore the natural environments in urban areas and design a better living environment, it is imperative to adopt DASH7 for midrange WSN/IoT green development applications, and thus, represent a major factor to drive the Dash7 Devices Market. A massive demographic transit to urbanization is taking place globally and thus, poses climate change, environmental pollution and many more. Therefore, to attain green infrastructure, DASH7 based WSN system is one of the apt solutions deployed for green monitoring. In June 2020, Delta curated“Smart Well Being” to denote energy-efficient solutions. This state-of-the-art ecosystem by Delta is designed to facilitate IoT-based healthy green buildings. Hence, the growing demand for improved smart technology frameworks is influencing the Dash7 Devices Market.
High demands of WSNs (wireless sensor networks) across Industrial sectors
The LPWAN technologies are expeditiously evolving owing to large scale roll-outs in various industries, and also, the growing demand for robust data transmission across various industrial environments are estimated to contribute to the growth of the LPWAN market. In September 2020, Synopsys, Inc collaborated with Nestwave to combine Nestwave’s soft core GPS navigation IP with the Synopsys DesignWare® ARC® IoT Communications IP Subsystem, which deliver a complete solution for low-power global navigation satellite systems (GNSS) application for integration into IoT modems. This strategic collaboration further provides advanced GPS solutions with power-efficient and high-accuracy battery-operated devices to deliver an enhanced geolocation solution. In the last few years, these technologies have shown significant growth because of the wireless data transfer reliability and robust network coverage. Moreover, the majority of the business sectors include applications such as monitoring, surveillance, tracking, building automation, agriculture and military, which again contributes to the growth of the Dash7 Devices Market.
Dash7 Devices Market Challenges
Security complexities across networking technology
There are impeccable advantages of Dash7 enabled devices to the market but the rapid deployments of IIoT application across the industrial networks can create severe chances of security breaches due to increasing cyber threats. Thus, these unforeseen attacks that can disrupt various automation process across the industry represents as a hindrance to the growth of the Dash7 Devices Market.
Dash7 Devices Market Landscape
Technology launches, acquisitions, Partnerships and R & D activities are key strategies adopted by players in the Dash7 Devices Market. The Dash7 Devices market top 10 companies include Hitachi Construction Machinery Co., Ltd., Huawei Technologies Co. Ltd., Aloxy n.v., Intel Corporation, Telefonaktiebolaget L. M. Ericsson, Telensa Ltd., Semtech Corporation, Sigfox S.A., Nwave Technologies, Link Labs, Actility and among others.
Developments
In October 2020, the market leader in low power?indoor? & ?outdoor?fused?geolocation and a provider of disruptive IoT tracking solutions worldwide, Actility's subsidiary Abeeway launched the Abeeway Smart Badge. The Abeeway Smart Badge is a portable multi-mode tracker in ID card format that has embedded sensors with a high-end integration of GPS, Low-power GPS, Wi-Fi Sniffer, BLE and LoRaWAN TDoA geolocation technologies, which provides enhanced outdoor and indoor geolocation solution.
Relevant Reports
A. Low Power Wide Area (LPWA) Network Market
B. LPWAN Devices Market
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