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Industrial Wireless Sensor Networks Market - Dynamics, Comprehensive Analysis, Business Growth, Prospects and Opportunities 2020

04-06-2018 07:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Today, sensors have become an integral part of various industries. The high-volume application of sensors has increased their efficiencies and economies of scale. This in turn has lowered prices and is further promoting adoption of sensor networks for different applications. Industries across the globe are increasingly adopting sensor networks in order to monitor various processes.

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A major challenge for the growth of industrial wireless sensor networks market has been the availability of multiple wireless communication standards leading to very little interoperability between the various sensors networks. However, during the last few years, emergence of standard communication protocols has boosted the adoption of wireless sensor networks across various industries.

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IWSN forms a part of industrial automation solution and is used for purposes such as monitoring events and periodic data collection. Significant growth in demand for automation solutions is also leading to growth of industrial wireless sensor networks market.

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Further, growing trend of smart factories, growing connectivity among various industrial processes and growing use of machine-to-machine (M2M) solutions are positively impacting ISWN market.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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