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Showing posts from February, 2020

Industrial Wireless Industry Situation and Prospects | Global Research Report

Feb 14, 2020:  The worldwide  industrial wireless market  is projected to exhibit a healthy CAGR during the forecast period. Wireless communication, or wireless, is the transfer of power or information between two or more points that are not associated with an electrical conductor. Growing necessity for automation in both - discrete and process industries along with the dropping prices of wireless sensors is further boosting the market. Surge in demand for robotic automation across several industry segments such as mining and chemical is expected to maximize efficiency, decrease error on the human part, and offer workers' security. However, lack of awareness regarding the wireless solution rising data and network security concerns offered by various vendors is likely to hamper the industrial wireless market growth in the forthcoming period. The emerging trend in the market is rising advancements in communication technology. They will drive the market growth in the forecast pe