DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zd2wj8/wireless_personal) has announced the addition of the "Wireless Personal Area Networks - Networks of the Internet of Things Strategic Market Analysis 2012-2016" report to their offering.
This Wireless Personal Area Network Report is designed to help mitigate these risks and bring clarity and insight to the market. We know from experience that a comprehensive view of the space is exponentially more valuable than simple metrics and narratives. Only by understanding the interdependencies between market size, trends, forces, competitors, applications, scenarios and opportunities, can we develop success growth strategies.
The WPAN market is rapidly approaching a tipping point where many competing technology standards for wireless short-range networks are either going to converge or continue to be conflicted. Given this environment, Harbor predicts the Compound Annual Growth Rate (CAGR) could range from anywhere between 55% to 130% over the 2012-2016 time frame. Excluding consumer short-range standards such as ZigBee RF4CE for remote controls and Bluetooth audio, this could amount to a market differential of as few as 300 million WPAN connections in 2016 or as many as over 2 billion connections. Convergence and harmonization of standards would accelerate these markets to their potential scale sooner rather than later. Key related points from the analysis include:
- Open, interoperable communications standards are why the Internet has succeeded. A unified interoperable architecture will be required for WPAN networks to succeed in the IoT;
- Harbor's analysis strongly indicates that Internet Protocol (IP) is becoming the dominant most viable choice to link all IoT network types, including WPAN applications;
- Because there are multiple, parallel standards competing for dominance for short-range wireless IoT networking, including IEEE802.15.4 and its many variants, proprietary standards as well as WLAN standard IEEE802.11 Wi-Fi, interoperability will be very difficult to achieve unless players quickly converge on fewer more universal standards; and,
- Based on the research, many of the existing standards are unlikely to dominate the IoT and could evolve to become specialist or niche standards because they are not capable of performing all the required network functions, including streaming data, large file transfers and messaging across the diversity of devices that require WPAN technology.
For more information visit http://www.researchandmarkets.com/research/zd2wj8/wireless_personal