Wireless Mesh Networking Market - Forecast(2024 - 2030)
The global wireless mesh networks market was valued at $5.2 billion in 2021, and is projected to reach $12.8 billion by 2031, growing at a CAGR of 9.8% from 2022 to 2031.. The growth is mainly attributed to the increasing uptake of wireless mesh networks on account of its reliable network capabilities including faster data transmission and easier network deployment. Additionally, adoption of advanced technologies such as internet of things (IoT) and 5G is set to drive the market growth.
The Wireless Mesh Networking market is experiencing a groundbreaking surge, redefining the way we connect in the digital age. This innovative networking paradigm leverages mesh topology to create robust, self-healing networks, promising unparalleled connectivity solutions for diverse industries. Dive into the transformative potential of Wireless Mesh Networking as we unravel key trends, advancements, and market dynamics.
As the Internet of Things (IoT) continues to burgeon, Wireless Mesh Networking emerges as a linchpin for interconnecting myriad devices. The market's growth aligns with the increasing demand for reliable and efficient communication infrastructures to support the ever-expanding ecosystem of connected devices in smart homes, industries, and beyond.
Stay ahead in the digital era by delving into the transformative potential of Wireless Mesh Networking, empowering your business with cutting-edge connectivity that adapts to the evolving demands of our interconnected world.
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Report Coverage
The report: “Wireless Mesh Networking Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Wireless Mesh Networking Market.?
By Service: Deployment and Provisioning, Network Planning, Network Security
By Radio Frequency: Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, 5 GHz Band?
By Component: Physical Appliances, Mesh Platforms, Services
By Mesh Design: Infrastructure WirelessMesh, Ad-Hoc Mesh
By End User Type: Education, Government, Healthcare, Hospitality and Others
By Geography: North America (U.S., Canada and Mexico); South America (Brazil, Argentina, Rest of Americas); Europe (U.K., Germany, Italy, France, Rest of Europe); APAC (China, Japan, South Korea, India, Rest of APAC); RoW (Middle East & Africa)
Key Takeaways
Mesh Design - Segment Analysis
Infrastructure Design held the major share of 68.15% in 2019 due to increasing popularity of infrastructure based architecture for providing seamless peer to peer network access. This architecture helps industries in accessing point based technology which serves as routers, reducing the need for cabling and decreasing installation costs. It helps endpoint devices to maintain end-to-end connectivity even in case of network disconnection from one of the mesh nodes. This set to drive the market growth.
Industry Vertical - Segment Analysis
Healthcare is the fastest growing segment in Wireless Mesh Networking market and estimated to grow at a CAGR of 12.29% during forecast period 2020-2025. Healthcare organizations can benefit from wireless mesh network technology for low frequency for applications such as asset tracking and automating certain building functions. Asset tracking has become more prominent in healthcare because it saves organizations money and also also helps save time because clinicians don’t need to locate devices.
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Geography- Segment Analysis
North America dominated the Wireless Mesh Networking market in 2019 with a market share of 35.12%, followed by Europe and APAC owing to the presence of large number of players. In addition to these, early adoption of advanced technologies in industries which drives the market growth. The growth can be attributed to increased demand for high range and low power consuming wide area networks is set to push the market growth. Increasing adoption of wireless mesh networking for various applications such as home networking, video surveillance and medical device connectivity applications is set to drive the market growth.
Drivers –Wireless Mesh Networking Market
Adoption of advanced technologies
With the increasing adoption of advanced technologies such as IoT is set to drive the market growth. Mesh network is a way in which the infrastructure nodes are connected.? These nodes connect to multiple other nodes and communicate with each other to transfer data. Mesh networks for IoT devices has some very significant benefits such as self-healing, self-configuring, scalability and reliability and cost reduction. In IoT applications, it will be useful to have a wireless transmission technology appropriate not only for connecting vast number of simple, cheap devices, but also for interconnecting them.? This is poised to drive the wireless mesh networking market.
Growing demand for 5G
Increasing investments for 5G network communication has created demand for wireless mesh network. For instance, in 2019, in India many telecom companies such as Airtel, Reliance Jio, and Vodafone Idea had planned to invest $30.5 billion to rollout 5G services. Increasing demand wireless networks is poised to boost the demand for wireless mesh networks market.
Challenges – Wireless Mesh Networking Market
Low Capacity and High Maintenance
Low capacity and high maintenance are the major challenges that hamper the market growth. Mesh network is the most effective when it’s used to send small packages of information. Increased workload for each node in a mesh makes the system more complex. Increasing the range of the system can add a variety of unwanted complications due to the increased in the data load which set to restrict the market growth.?
Market Landscape
Technology launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Wireless Mesh Networking market. Wireless Mesh Networking top 10 companies include Aruba Networks, BelAir Networks Inc, Cisco Systems Inc, Firetide Inc, Rajant Corporation, Ruckus Wireless Inc, Stix Wireless Systems Pvt Ltd, Synapse Wireless Inc, Tropos Networks (ABB Group), Zebra Technologies Corporation and others.
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