Wireless Sensor Networks are booming High : Take a look

Dr. Shushil Kumar Prasad (Professor,Georgia State University) [ left to me in above Picture] has lot of research grants by NSF for WSNs

Aligned with government's top priorities, Wireless Sensor Networking (WSN) is attracting hundreds of millions of R&D funding in several recession-proof markets, according to a recent study by ON World. Including both public and private sources, WSN R&D spending will reach $1.3 billion in 2012, up from $522 million in 2007.

"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:
In the United States energy management is the number one driver for R&D investment on WSN technology. While smart metering initiatives have received most of the media's attention, there are several other related growth markets such as in-home energy management and renewable power generation that have the potential to save billions of dollars over the next decade. The National Science Foundation has doubled its funding on WSN related research over the past five years and today, there are nearly 400 active WSN projects reports ON World.

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.