TechNavio’s analysts forecast the Global Process Automation market to grow at a CAGR of 6.62 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for automation solutions from the Oil and Gas industry. The Global Process Automation market has also been witnessing an increasing availability of wireless sensor networking. However, the reluctance of organizations to migrate to newer technologies could pose a challenge to the growth of this market. TechNavio’s report, the Global Process Automation Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry …
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