TechNavio’s analysts forecast the Global Industrial Wireless Sensor Networks (IWSN) market to grow at a CAGR of 14.4 percent over the period 2012-2016. One of the key factors contributing to this market growth is the cost benefit offered by wireless sensors when compared with traditional wired sensors. Furthermore, certain trends in the development of wireless technologies are providing wireless sensors with more advantages over wired sensors in the Industrial segment. However, the lack of standardization of wireless technologies in the industrial segment could pose a challenge to the growth of this market. TechNavio’s report, the Global Industrial Wireless Sensor Networks …
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