Wireless Ad hoc Network Market - Forecast(2024 - 2030)
Wireless Ad hoc Network Market Overview
Wireless Ad hoc Network market size was valued at $4.42 billion in 2020 and it is estimated to grow at a CAGR of 10.8% during 2021-2026 owing to the increasing adoption of IoT, growing demand for emergency communication system that is set to drive the growth of wireless ad hoc networks market. Unlike cellular wireless network, this technology doesn’t rely on pre-exiting infrastructure, which makes them more cost effective than any other cellular wireless networks and makes it perfectly suitable for emergency communication. In addition, wireless ad hoc network is being supported by a new Medium Access Control (MAC) Protocol, named distributed point coordination function (DPCF) – a combination of Distributed Coordination Function (DCF) and Point Coordination Function (PCF), that offers support for both of the single-hop and multi-hop communication networks. This ultimately lowers the transmission delay even when the process is executed in networks without infrastructure. Furthermore, wireless ad hoc network -a self-configuring technology, has a simple deployment process along with a few advancements in communication technology, which is set to boost the demand for wireless ad hoc network technology including mobile ad hoc network (MANET), wireless sensor network (WSN), vehicular ad hoc network (VANET), wireless mesh networks (WMN), smartphone ad hoc network (SPAN) and others; and assists in wireless ad hoc network industry’s growth. Hence, the above-mentioned factors boost the wireless ad hoc network market.
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Wireless Ad hoc Network Market;Report Coverage
Thereport: “Wireless Ad hoc Network Market - Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wireless Ad hoc Network Market.
By Type: Mobile Ad Hoc Network (MANET), Wireless Sensor Network (WSN), Vehicular Ad Hoc network (VANET), Wireless Mesh Network (WMN), Smartphone Ad Hoc Network (SPAN) and Others.
By offering: hardware (Modules, PCI-E card, Networking System, networking wearable radio, break-out board and others), software and services
By Applications: emergency communications, inter vehicle communication, Intelligent transporatation system (ITS), data mining, home automation, environmental monitoring, positionmonitoring, Peer to Peer network system, smart lighting, disater rescue and others.
By End Product: smart phones, bluetooth, IP phones, Laptops, electric meters, tablets, computers, industrial robots, home appliances, satelite phones, Implantable medical devices, wearable devices and others.
Key Takeaways
Wireless Ad hoc Network Market;
Segment Analysis – by Type
By type, this market is segmented into Mobile Ad Hoc Network (MANET), Wireless Sensor Network (WSN), Vehicular Ad Hoc network (VANET), Wireless Mesh Network (WMN), Smartphone Ad Hoc Network (SPAN) and Others. MANET is a major segment, accounting for around 18.8% wireless ad hoc market share globally in 2020 and is anticipated to witness significant growth during the forecast period 2021-2026. MANET nodes which can move freely due the frequent m change, are connected to a self configuring, self-healing wireless network which doesn’t have a pre-existing fixed infrastructure, makes this product suitable for disaster rescue missions, road safety, health, defense and others. owing to the above mentioned characteristics, MANET is very flexible and can be created anywhere, at anytime with mobile devices. Apart from that, due to its self-configuring and self healing property, this technology don’t require human intervention, thereby becoming more cost effective than other networks. Furthermore, high investments and initiatives for the development for MANET, drives the growth of this segment.
Wireless Ad hoc Network Market Segment Analysis – by End-User Industry
The wireless ad hoc network market is segmented into general manufacturing, mining, oil and gas, chemical, pharmaceutical, healthcare, millitary and defence, constructions, media and entertainment, automotive and others, based on end-user industry. Healthcare sector is estimated to witness the fastest growth with a CAGR of 11.2% in the forecast period 2021-2026. This growth is primarily driven by the rising penetration of IoT along with wireless communication in healthcare industry and increasing investment for digital transformation of this sector. In May 2020, Invest India published a report on digital healthcare investment, according to which, the digital health market will reach $504.4 billion by 2025.
Wireless Ad hoc Network Market Segment Analysis – by Geography
North America dominated the Wireless Ad hoc Network market in 2020 with a share close to 30.6%, followed by Europe owing to the early adoption of this product, advancements in wireless communication technologies, increasing demand for IoT across industries. Governments initiative for enhancing public safety system, increasing collaboration between investors and the Government for several on going research projects regarding the development of the communication system plays a major role in the growth of this market. According to some recent studies, the U.S dominates the VANET (a type of ad hoc network protocol) market, as this region held the major share of automotive industry. Along with this, growing adoption of connected car, smart energy projects and home automation plays a major role in growth of this market in this region.
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Wireless Ad hoc Network Marketnbsp;Drivers
Suitable for Emergency Situation:
Unlike other network systems, wireless ad hoc network is perfectly suitable for emergency situation. Ad hoc networks do not require a central server or a device to offer its services, which makes them more desirable during the emergency situations than the cellular wireless networks or any other networking system. For instance, after the bombing incident in Boston, people were not able to get information about their loved ones because the cellular network system was down.
Low Ownership Cost:
Wireless Ad-hoc networking system doesn’t need any router or access point; it can connect two or more devices directly. Since the devices that are connected to ad hoc network can have direct access to each other’s resources through a basic client to client connection, there is no requirement for a central device. This in turn makes this technology a cost effective one. It can use nodes for the networking operations.
Wireless Ad hoc Network Market Challenges
Technological Limitation and Scalability Issue:
One of the major drawbacks for wireless ad-hoc network market is that many WIFI enabled devices such as android gadgets, Google Chromecast, wireless printers and others don’t support Ad-hoc mode due to their technological limitation which only allows them to connect to network under infrastructure mode. Apart from that, Ad-hoc networking system faces scalability issues.
Wireless Ad hoc Network Market Landscape
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Acquisitions/Technology Launches
In December 2020, Creomagic launched the CreoHub-Light, a new lighter version of CreoHub MANET software defined radio. It’s ideal for creating personal radio networks for various applications such as law enforcement, search and rescue, disaster management and battlefield deployment, especially in areas with unreliable or non-existing communication infrastructure.
Relevant Report Title:
Report Code: ITR 0016
Report Code: AIR 0050
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