The global smart dust market is projected to grow at a CAGR of XX% during the forecast period. The market size is expected to be US$XX.XX billion by 2022 from US$XX.XX billion is 2017. Smart Dust devices are motes which are manufactured using microelectrochemical systems (MEMS) which combines sensing, computing and wireless communication capabilities with an autonomous power supply within the volume of only millimeters. These devices can record and transmit data as well.
Smart dust devices are very hard to detect and even harder to get rid once they have been deployed. This feature makes these devices very useful for military purposes. They are useful for monitoring inaccessible areas and tracking enemy movements. Moreover, they accompany soldiers and alert the presence of any poisonous or dangerous biological substances in the air.
Smart Dust devices are used by farmers for detecting crop needs which results in an effective fertilization and time management for farmers. In addition to it, it is a cost-effective process which yields better productivity due to a reduction in inputs and increase of outputs.
There are various applications of these devices. Smart dust devices are used in nano-surgery to record and send data to surgeons. However, there is a danger that these particles could damage cells, which impedes the growing demand for these devices.
The demand for these devices is increasing for industrial and office uses. Smart Dust can be equipped with GPS receivers and can track the movement of visitors within the office and to see if they are accessing any restricted locations. Furthermore, installation of these devices can eliminate the need for wired routers for handling hardware and software functions for distributed networks in a cost-effective manner. The above-mentioned factors will drive the demand for smart dust over the next five years. Due to such a small size of the device, employees have privacy concerns as Smart Dust devices record, store and transmit all data collected by them to the management for analysis, which has been a restraint on increasing demand for smart dust devices.
The industrial application of smart dust devices is boosting its demand worldwide. These devices are used for detection of corrosion in aging pipes before they leak and provide data about motor health in order to perform timely maintenance. It helps the company improve safety conditions, efficient working of the machinery and compliance regulations. Despite the advantages offered by Smart dust devices, the cost of implementation of satellites and other elements are very high.
The global smart dust market is segmented as applications, end-user industry, and geography.
By End-User Industry:
The Middle East and Africa
The Asia Pacific
All our studies come with 2 months of analyst support.
We are in compliance with the global privacy laws.