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(IT-NEWSWIRE.COM, July 02, 2018 ) Wireless communication is the transfer of data over a distance without the involvement of wires, cables, or any electrical conductors. Such communication exists between two entities that are both capable of receiving and sending data to each another.
Publisher's analysts forecast the global industrial wireless market in discrete industries to grow at a CAGR of 17.37% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global Industrial Wireless market for 2018-2022. To calculate the market size, the report considers the revenue generated from the use of Industrial Wireless in various end-user industries including food processing, manufacturing, aviation and transportation, and warehousing.
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Incorporation of real-time data analytics along with historical data enables the analysis of data to determine new possible outcomes in industrial facilities. Market research analysts have identified the growing importance of real-time data analysis to be one of the primary growth factors for the industrial wireless market in discrete industries. Real-time analytics in an industry offers benefits such as quicker and accurate results, reduction in cost of operations, and adaptability to customized products. The growing need to combine machines located in remote locations to carry out data assimilation and analytics will drive the growth of the wireless industry automation market.
Key vendors - ABB - Cisco - Rockwell Automation - Schneider Electric - Siemens
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Market driver - Growing importance of real-time data analysis
Market challenge - Data security
Market trend - Growing advancement in communication technology
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
Get more information @ http://www.reportsweb.com/global-industrial-wireless-market-in-discrete-industries-2018-2022
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Rajat Sahni
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