Industrial Wireless Sensor Network Market: Trends, Growth & Future Outlook
The global industrial wireless sensor network market size is expected to reach USD 11.37 billion by 2030, growing at a CAGR of 12.1% from 2024 to 2030, according to a new study conducted by Grand View Research, Inc. The benefits offered by industrial wireless sensor network (IWSN) over wired networks, such as mobility, self-discovery capability, compact size, cost-effectiveness, and reduced complexity, are anticipated to play a significant role in increasing global demand. IWSN is an advanced method of communication between two or more remotely located devices without interruption. The systems comprise nodes that act as access points to form a better communication system. In IWSN, sensor nodes are connected through various wireless technologies such as ZigBee, Wi-Fi, Bluetooth, and WirelessHART. Increasing adoption of wireless communication, need for strong connectivity across remote locations, and demand for network infrastructure are expected to fuel market g...