Wireless Mesh Network Market to Touch USD 8.50 Billion at 7.3% CAGR by 2025 | Wireless Mesh Network Market Size, Growth Prospects, Trends and Impact of COVID-19
Wireless Mesh Network Market Research Report- Forecast till 2025
Market Highlights
The wireless mesh network market to touch USD 8.50 billion at a 7.3% CAGR between 2019- 2025, states the recent Market Research Future (MRFR) analysis. A wireless mesh network or WNM, simply put, is a mesh network that is made through the connection of wireless access points that are mounted at a network location of every user. Every network user is needed to forward the data to the succeeding node.
Various factors are propelling the global wireless mesh network market share. According to the recent MRFR report, such factors include accelerated use of IoT and AI technologies in different industries, increased use of mobile handsets, rise in suitable technologies used in handsets, development of smart devices and smart cities, and emphasis to enhance the communication mode between municipalities and government offices. Additional factors adding market growth include the adoption of advanced networking technologies in SMEs, cost benefits provided by wireless mesh technologies, growing Wi-Fi usage, and burgeoning demand for better Wi-Fi coverage & faster data transmission.
On the contrary, privacy concerns and data security, low efficiency of TCP protocols, risk of device hacking and data theft, network interoperability issues, and the ongoing COVID-19 impact may deter the global wireless mesh network market growth during the assessment period.
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Segmentation:
The MRFR report highlights an inclusive segmental analysis of the global wireless mesh network market based on application, end user, component, mesh design, and radio frequency.
By radio frequency, the global wireless mesh network market is segmented into sub 1 GHz, 2.4 GHz, 4.9 GHz, and others. Of these, the 2.4 GHz segment will lead the market over the forecast period.
Based on mesh design, the wireless mesh network market is segmented into AD-HOC mesh and infrastructure wireless mesh. Of these, the infrastructure wireless mesh will dominate the market over the forecast period.
By components, the global wireless mesh network market is segmented into platforms, physical appliances, and services. Of these, physical appliances will have a major share in the market over the forecast period.
By end user, the global wireless mesh network market is segmented into healthcare, mining, education, oil and gas, smart warehouses, smart cities, hospitality, transportation and logistics, government, and others.
By application, the global wireless mesh network market is segmented into video streaming and surveillance, smart mobility, telecommunication, smart building and home automation, disaster management and public safety, border security (GPS tracking), and smart manufacturing (asset tracking, workforce, predictive maintenance, logistics and supply chain management, and other smart manufacturing applications).
Regional Analysis
By region, the global wireless mesh network market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Middle East and Africa (MEA). Of these, North America will have the lions share in the market over the forecast period. The presence of established organizations, fast adoption of latest technologies, and the advent of the latest technologies like cloud networking, IoT, SaaS, and network analytics, the presence of established companies are adding to the global wireless mesh network market growth in the region.
The wireless mesh network market in the APAC region is predicted to grow at a high pace over the forecast period. Developed network infrastructure, coupled with increased investments in R&D in developing nations of China and India, are adding to the global wireless mesh network market growth in the region. Japan, Singapore, India, and China have the utmost share in the market.
The global wireless mesh network market in Europe is predicted to have sound growth over the forecast period, and in the Middle East and Africa is predicted to have steady growth over the forecast period.
Key Players
Eminent players profiled in the global wireless mesh network market report include Veniam (US), Fluidmesh Networks LLC (US), Filament (US), Firetide, Inc. (the US), Strix Systems (India), Cambium Networks, Ltd.(US), Rajant Corporation (US), Synapse Wireless (US), Wirepas Ltd (Finland), Hewlett Packard Enterprise Development LP (US), Qorvo, Inc. (the US), Ruckus Networks (US), ABB (Switzerland), Qualcomm Technologies, Inc. (the US), Cisco Systems, Inc. (the US), and others.
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Wireless Mesh Network Market Research Report: Information by Component [Mesh Networks, Services (Network Analytics, Network Planning, Network Security, Deployment and Provisioning, Network Testing, Network Optimization, Network Consulting and Support and Maintenance) and Physical Appliances], Radio Frequency (5 GHz Band, 4.9 GHz Band, 2.4 GHz Band and Sub 1 GHz Band), Mesh Design (AD-HOC Mesh and Infrastructure Wireless Mesh), Application [Disaster Management and Public Safety, Border Security (GPS Tracking) – Global Forecast till 2025
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