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The industrial wireless automation market size is estimated to grow by USD 2.47 billion at a CAGR of 7.59% between 2023 and 2028. Market growth is influenced by several factors, including the integration of AI and ML technologies with wireless automation systems, the rising adoption of high-speed communication network solutions for rapid data transfer in the industrial sector, and the growing emphasis on predictive maintenance. The integration of AI and ML enhances the capabilities of wireless automation systems, enabling more efficient and intelligent operations. High-speed communication networks are increasingly essential for transmitting large volumes of data quickly and reliably in industrial settings. Furthermore, predictive maintenance strategies help organizations anticipate and address equipment issues before they lead to costly downtime. These trends underscore the importance of advanced technologies in driving innovation and efficiency in industrial automation. Our report examines historic data from 2018 to 2022, besides analyzing the current market scenario.
It also includes an in-depth analysis of drivers, trends, and challenges.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Solution
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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