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The industrial wireless sensor network market (IWSN) is forecast by TechNavio to increase at a healthy 14.4 percent compound annual growth rate (CAGR) through 2016.
Factors fueling the increase include the lower cost of wireless sensors compared to wired sensors, as well as recent technological developments that have improved wireless sensor performance in the industrial environment, according to TechNavio.
''Development in wireless technology will help IWSNs to be used across a wide range of applications in the Industrial sector and will also help reduce operational costs in the long run. There has already been high adoption of wireless technologies such as...