Based on soon to be published comprehensive market intelligence, VDC estimates the worldwide wireless networking products market opportunity in 2010 was $370 million and is growing at a robust pace of over 28% CAGR through 2015.
VDC based its rather explosive forecasts on feedback obtained from 230 respondents using wireless networking products as well as over 200 channel respondents selling wireless networking products.
Although VDC does not anticipate the real emergence of wireless infrastructure networks being used up the entire control hierarchy in most applications, particularly those deemed most critical, it does believe that material changes in market will take shape within next five years particularly as more users seek to connect their I/O and device level components into the network via wireless communications.
There are several primary drivers behind this rather explosive growth outlook:
- Strong growth in the adoption of wireless infrastructure networking in industrial facilities is driven by a variety of factors. Improved efficiency, cost reductions, ability for install where wired solutions impractical or impossible and increased productivity.
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Wireless networking reduces the majority of the cabling required, thus the associated costs, which is can be more expensive to install in certain locations.
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Wireless networking allows easier add-ons, changes and removal of functions and is perceived by many users as being more scalable. This is most valuable where changes or expansions are frequent and expensive.
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Increasing adoption of mesh networking and the self-healing capabilities provided therein
- Increasing trust in wireless networking and technological enhancements made to overcome previous concerns over reliability, latency and security
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Perceived ease of implementation and lower implementation costs as well as perceived lower maintenance and installation costs
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To obtain greater mobility in industrial facilities which provide benefits of real-time response to machine problems, real-time optimization of machine performance, reduce personnel required and increase productivity, and reducing downtime of both equipment and time to repair
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