ID: MRFR/ICT/5562-CR | 100 Pages | Author: Aarti Dhapte | August 2019
The global wireless mesh network market size is expected to reach USD 14.16 Billion by the end of the year 2030, growing at a compound annual growth rate of 9.11%.
According to the newest market research study, the global wireless mesh network market size is expected to reach USD 14.16 Billion by the end of the year 2030, growing at a compound annual growth rate of 9.11 percent. The increasing need for a consistent and predictable connection in the business may be attributed to the industry's rapid expansion.
A variety of influences are boosting the growth of the wireless mesh network market demand, like the growing needs for intelligent transportation systems all over diverse industry areas such as healthcare, administration, and production, which necessitate the use of a robust network to facilitate a seamless workflow, the increasing implementation of interconnected smart devices, the growing preference for channel capacity, the decline in the cost of mobile networks, advancements in network technologies, and the use of elevated media apps on public Wi-Fi channels. Additionally, popular and preferred in surveillance systems, the need for finest wireless mesh network as well as the DIY wireless mesh network, rising use to demonstrate communication systems in the petroleum industry, greater awareness of racing-car satellite data, the need for involvement in isolated communities, being used in battery-powered smart meters, notebooks, and Wi-Fi gadgets that have relevant data, or use in US armed units for increased connectivity all over mobs are all contributing to market expansion.
This report contains all the information on the global wireless mesh network market analysis and its strengths. The report also contains the culmination of dynamics, segmentation, key players, regional analysis, and other important factors. And a detailed analysis of the global wireless mesh network market forecast for 2027 is also included in the report.
Covid 19 Analysis:In response to the COVID-19 epidemic, the need for adaptability is growing, which will help to ensure the long-term viability of connection. During the shutdown period, the telecommunications network and data center sector is expected to be more adaptable, thanks to continuous investment projects in order to handle increasing network congestion and the usage of data for working remotely and work remotely. During pandemics, the popularity of telecommunications services, and supporting equipment, has increased dramatically. From government agencies utilizing business intelligence networks to communicate virus updated information to closing schools that force students to use virtual selections including Google Classroom, the requirement for interaction services and related infrastructural facilities has increased dramatically. Furthermore, telemedicine has grown in popularity, which is helping to propel the development of such a wireless mesh network market.
Market Dynamic:Drivers:Over the projected period, the demand for a reliable connection in the office may help to drive market expansion forward. As a result, the wireless mesh network transmits data via the much more effective and quickest route possible, thus enhancing the overall efficiency of the network's interaction.
Opportunities:In the future years, the increasing use of internet of things (IoT) technologies for smart urban settings and home automation may provide significant wireless mesh network market opportunities for industry participants.
Restraints:Market growth may be restricted during the projected period due to data security problems, which are compounded by worries about personal data privacy.
Challenges:The massive prices of a wireless mesh network might prove to be a significant barrier to entry for new competitors in the industry.
Cumulative Growth Analysis:Global wireless mesh network market growth is expected to expand at the quickest rate in the Asia-Pacific region during the projected period, according to forecasts. The increasing popularity of smart home automation systems and connected home, as well as the extra bandwidth efficiency and low construction costs made available by this system, as well as the rising deployment of smart urban availability of public Wi-Fi, clever street lighting, smart fuel, and power meters, are all contributing to the expansion of the market wireless mesh network market in the Asia-Pacific region. India and China account for the largest proportion of the industry for low-power and long-range wide-area networks.
Value Chain Analysis:According to the reports, It has been determined that the market for wireless mesh networks may be segmented into four categories: end-user, application, mesh design, radiofrequency, and component. The worldwide wireless mesh network market is divided into three categories based on components: physical appliances, mesh platforms, and services. Among them, the physical appliances sector is expected to be the most successful throughout the course of the projection period. The wireless mesh network market is divided into four categories based on radio regularity: the sub-1 GHz band, the 2.4 GHz band, the 4.9 GHz band, and the 5 GHz band. Over the projected period, the 2.4 GHz band will be the most dominant frequency band in the marketplace. The wireless mesh network industry may be divided into two categories based on the mesh design: wireless infrastructure mesh and ad-hoc mesh. Over the projection period, the AD-HOC mesh segment is expected to be the most dominant in the market.
The wireless mesh network market is divided into smart manufacturing, video streaming and surveillance, telecommunications, smart mobility, border security, disaster management and public safety, smart building, and home automation, and others, depending on the application used. The smart manufacturing sector is subdivided once further into the following categories: labor and asset monitoring, logistics and supply chain management, predictive maintenance, and others. The wireless mesh network market is divided based on the end-user, with the oil and gas industry, smart cities and smart warehouses, education, healthcare, mining, transportation and logistics, hospitality, government, and others being the most prominent. Over the projection period, the smart cities and smart warehousing segments will account for the largest wireless mesh network market share in terms of revenue.
Wireless Mesh Network Market Segmentation Overview:The market is segmented on the basis of end-user, application, mesh design, radiofrequency, component, and regions. The global wireless mesh networks market trend is expected to witness decent growth during the forecast period.
By Application:Based on the application, the market is segmented into smart manufacturing, video streaming and surveillance, telecommunications, smart mobility, border security, disaster management and public safety, smart building and home automation, and others.
By End-users:Based on the propulsion types, the market is segmented into the oil and gas industry, smart cities and smart warehouses, education, healthcare, mining, transportation and logistics, hospitality, government, and others.
Wireless Mesh Network Market Regional Analysis:According to the reports, The worldwide wireless mesh network market research is segmented by region, and it examines the growth opportunities and current trends in Europe, North America, Asia Pacific (APAC), South America, and the Middle East and Africa (MEA). Among the factors that contributed to this expansion are the early implementation of new advanced technologies, the demand for the best wireless mesh local network, the appearance of new innovations such as cloud networking, virtualization, network analytics, IoT, and SaaS that enables consumers and businesses to embrace this connectivity to develop a premium and sturdy connectivity, and the existence of well-established and viable financial systems that facilitate them to powerfully invest more In technology that is donating to the introduction of modern technology. In addition, the increasing need for sophisticated protection and stability systems is contributing to the market's expansion.
Competitive Landscape:In spite of the existence of many major industry players, the wireless mesh network market is very fragmented. These industry leaders are always developing new and creative goods to meet the ever-increasing demands of their customers. They are also growing their client base by entering new areas, particularly in emerging countries, in order to enhance their market position and acquire new customers.
Wireless Mesh Network Market Key Players:
Recent Developments:The Wurth Elektronik Company has partnered with Wirepas, a prominent Finnish software company, to create different 2.4GHz wireless mesh network components for the implementation of IoT on a wide scale. The collaboration began in December 2020.
Wireless Mesh Network Market by Mesh Design:
Wireless Mesh Network Market by Radio Frequency:
Wireless Mesh Network Market by Region:
|Market Size||USD 14.16 Billion|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Component, Mesh Design|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Cisco Systems, Inc. (the US), Qualcomm Technologies, Inc. (the US), ABB (Switzerland), Ruckus Networks (US), Qorvo, Inc. (the US), Hewlett Packard Enterprise Development LP (US), Wirepas Ltd (Finland), Synapse Wireless (US), Rajant Corporation (US), Cambium Networks, Ltd.(US), Strix Systems (India), Firetide, Inc.(the US), Filament (US), Fluidmesh Networks LLC (US), and Veniam (US).|
|Key Market Opportunities||The growing adoption of the internet of things (IoT) technology for smart city environments and smart homes may offer robust opportunities to market players in the upcoming years.|
|Key Market Drivers||Qualcomm Technologies, Inc. and Cambium Networks, Ltd are the key players capitalizing on the market.|
The global wireless mesh network market will be gaining a valuation of USD 14.16 Billion by 2030.
The market’s CAGR is calculated to be 9.11%.
The global wireless mesh network market is going to reap during the years of 2020–2030.
Qualcomm Technologies, Inc. and Cambium Networks, Ltd are the key players capitalizing on the market.
North America is dominating the global wireless mesh network market for the presence of early adopters of the latest technology.
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