Wireless Mesh Network Market Insights, Trends, Growth & Forecast Analysis 2023-2032
Wireless Mesh Network Market Overview
The wireless mesh networking market is expected to witness a CAGR of 11.7% over the forecast period 2023-2032. A wireless mesh network is a set of wireless access points linked in the form of the mesh topology. Wireless mesh networks are an evolving technology that uses inexpensive and existing technologies to quickly, efficiently, and wirelessly link entire cities. The network communication is distributed over hundreds of wireless mesh nodes within the wireless mesh network. Each node in the network can provide the data to the next node so that each network user also functions as a provider and can share the network connection across a wide area.
Wireless Mesh Network Market Growth Factors
A WMN allows public Wi-Fi throughout the city, which in turn improves the provision of urban services. Wireless devices are forecasted to account for two-thirds of Internet Protocol (IP) traffic and nearly all households would have broadband services.
In cities, wireless mesh networks could solve the congestion problem with traffic management solutions where traffic data is analyzed and precautionary solutions for free-flowing traffic are provided. High demand for enhanced video surveillance systems coverage, structural flexibility, and high-speed multi-hop short-distance transmission capability is increasing the growth of the wireless mesh network market in security applications.
Thus, the application segment for video surveillance is projected to witness the highest 11.5 percent CAGR over the forecast years. In addition, rising concerns about public and private security threats will boost demand that will further increase segment growth. Oil & gas applications are expected to register the fastest growth from 2023 to 2032 because of the high demand for wireless communication in real-time to improve productivity, safety, and accuracy in oil and gas fields.
As the layout of residential apartments becomes increasingly complex, traditional wireless networks lose a significant amount of signal intensity over thick concrete walls, high-rise apartments, and steel structures. Wireless mesh networks allow residential users to extend network coverage across their homes without the worries of dead Wi-Fi signal zones or Internet speed problems.
The wireless mesh network shares a common network connection, however, so the security-related issues are high that may hamper wireless mesh network growth. In addition, the fast-growing IoT technologies and rising consumer interest in the smart application are projected to create several opportunities in the market for wireless mesh networks in the coming years.
Wireless Mesh Network Market Geographical Analysis
North America dominates the market for wireless mesh networks. The on-going technological developments and wireless technology revolutions in the North America region are driving the growth of the wireless mesh network market in this region. In the region of North America, the adoption of the wireless mesh network is rapidly increasing for video surveillance, medical device connectivity, home networking, and several other applications that are expected to boost wireless mesh network growth in this region. In addition, the Asia Pacific region is the fastest-growing region on the wireless mesh market, owing to growing industrial automation, increasing artificial intelligence and IoT adoption across various industries, and increasing the need for smart buildings & infrastructure.
The report also covers a detailed competitive analysis of major market players of the global wireless mesh network markets such as AT&T Inc., Qualcomm, Synapse Wireless, WIREPAS, Aruba Networks Inc., Cisco Systems, Ruckus Wireless, Firetide Inc., Cambium Networks, Strix Systems, and other major & niche players. The global market for wireless mesh networks is witnessing a wide range of industry activities such as product launch, innovation, acquisition, partnership, research & development, and expansion across the globe.
Competitive landscape analysis provides a detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development, and other market activities). The study also provides company’s positioning and market share of the overall market.
Wireless Mesh Network Market Segmentation
- Physical Appliances
- Mesh Platforms
- Infrastructure Wireless Mesh
- Ad-Hoc Mesh
- Deployment and Provisioning
- Network Planning
- Network Security
- Network Analytics
- Support and Maintenance
- Network Testing
- Network Consulting
- Network Optimization
By Radio Frequency
- Sub 1 GHz Band
- 2.4 GHz Band
- 4.9 GHz Band
- 5 GHz Band
- Video Streaming and Surveillance
- Disaster Management and Public Safety
- Smart Mobility
- Border Security (GPS Tracking)
- Smart Manufacturing
- Workforce and Asset Tracking
- Predictive Maintenance
- Logistics and Supply Chain Management
- Other Smart Manufacturing Applications
- Smart Building and Home Automation
- Others (Environment Monitoring, and Smart Grids and Meters)
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa)
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Customization: We also offer customization’s in the industry report as per the company’s specific needs.