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Wireless News Desk Wireless Sensor Network R&D Investment to Top $1 Billion in 2012
WSN projects aligned with government's top priorities
Jan. 28, 2009 09:30 PM
"With markets reeling, businesses and investors are relying on the public sector more than ever to set the priorities to encourage innovation and entrepreneurship that will lead to an economic recovery," says Mareca Hatler, ON World's research director. "By providing needed solutions for energy, the environment, and healthcare, WSN continues to be a one of the fastest growing research and development areas." Growth Markets: The EU's funding on WSN related research and development has increased by 700% over the last five years. Most of the impetus for this growth is the drive to develop technology solutions for remote patient monitoring and elderly home care. The EU plans to spend more than $1 billion over the next five years in this area. Other regions with significant WSN R&D initiatives include Australia, Canada, China, and South Korea, reports ON World. Technology Trends: Top WSN Universities: ON World analyzed 350 active WSN projects and investigated over 100 universities and research centers worldwide in order to determine the largest and fastest growing WSN markets. Reader Feedback: Page 1 of 1
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