Wireless Mesh Network Market is valued approximately USD 7.81 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.80% over the forecast period 2022-2029. Wireless Mesh Network is a mesh network that is created by connecting wireless access points installed at each network locations. The wireless mesh network employs a network topology that allows each node to communicate and connect with each other. A mesh network is made up of network gateways that connect the entire network to the internet, routers that circulate data throughout the network and access points that connect with people.
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The Wireless Mesh Network market is expanding because of factors such as increasing uses of IOT Technology and rising uses of smart phones. However, the foremost key factor driving is increasing the uses of IOT technology devices that focus on security the network as the boost the market demand. Moreover, the another key factor driving is rising the uses of smartphones due to increase the market growth over the world.
According to the Statista, the number of IoOT connected devices in the year 2021 is USD 11.3 billion and the number of IoOT connected devices in the year USD 13.1 billion. Furthermore, the another key factor driving is rising the uses of smartphones. For instances, according to the Statista, in the year 2020, the total number of smartphones user in India was estimated at USD 748 million and as a projection, the number of smartphones users in the country would exceed 1500 million by 2040. The opportunity of Wireless Mesh Network market is growing developed networking technologies due to increase the market demand over the forecast period. The growing developed network technologies among SMES would boost the market growth over the world. However, the concern regarding data security of Wireless Mesh Network stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Wireless Mesh Network Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the dominance of rising the high demand of this network, growing low-power consuming wide area networks and rising the demand of handset devices which is boost the market demand over the world. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising the number of smart cities, increasing government initiatives, increasing demand of IoOT technologies device would create lucrative growth prospects for the Wireless Mesh Network market across the Asia Pacific region.
Major market players included in this report are:
Cisco Systems Inc.
Aruba Networks Inc.
Ruckus Wireless Inc.
Strix Wireless Systems Private Ltd
Tropos Networks India Private Limited
Synapse Wireless Inc.
Hewlett Packard Enterprise Development LP
Qorvus Systems Inc.
Firetide Inc.
Fluidmesh Networks LLC
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Recent Developments in the Market:
In April 2020, Cisco acquired Fluidmesh Networks to strengthen its wireless solution for the Industrial Internet of Things (IoOT). As a result, the wireless mesh network company’s market share will grow.
In December 2020, the Wurth Eletronik Business partnered with Wirepas, a well-known Finish software company, to develop various 2.4GHz wireless mesh network components for large-scale IOT applications.
In September 2019, Dubai’s Director of Transportation Systems launched the Tech Cab programme, which provides free Wi-Fi to all taxi passengers. Wireless mesh networking is used in technology to provide network connectivity within vehicles, including tunnels and bridges.
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Radio Frequency, Application, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Radio Frequency:
Sub 1 GHz Band
2.4 GHz Band
4.9 GHz Band
5 GHz Band
By Application
Home Networking
Video Surveillance
Disaster Management and Rescue Operations
Medical Device Connectivity
Traffic Management
By End Use:
Education
Government
Healthcare
Hospitality
Mining
Oil & Gas
Transportation & Logistics
Smart Cities and Smart Warehouse
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Market Overview:
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Market Size and Forecast:
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Competitive Analysis:
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Market Opportunities and Challenges:
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Consumer Insights:
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Future Outlook and Recommendations:
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Appendix:
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