Wireless Mesh Network Market - The High Adoption of Wireless Mesh Networks In The Mining and Oil and Gas Industries

The wireless mesh network market features an intensely competitive landscape as leading players are constantly introducing new products and services to gain a competitive edge over their rivals, notes Transparency Market Research (TMR). A number of top players are increasingly focusing on strategic collaborations with prominent vendors, companies with niche offerings, and rapidly emerging new entrants. To this end, they are resorting to partnerships and acquisitions, which will help them gain a firm foothold in the market and ramp up their shares over the forecast period. These strategic moves by top players consistently raise the ante higher leading to technologically-advanced products and solutions, along with exerting a positive bearing on the global sales channels.

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Top players operating in the wireless mesh network market include Qorvus Systems Inc., Aruba Networks Inc., Fluidmesh Networks LLC, Synapse Wireless Inc., Firetide Inc., Zebra Technologies, Tropos Networks, Concentris Systems LLC, SCAN RF Projects, Cambium Networks, Rajant Corporation, and Cisco Systems Inc.

wireless-mesh-network-marketThe various application areas for wireless mesh networks are sectors such as government, hospitality, logistics, education, mining, health care, oil and gas, utilities, and energy. Of these, the mining and oil and gas industries are witnessing an overwhelming uptake. This is attributed to the implementation of robust safety rules in the workplace in these end-use industries.

Geographically, several developing regions are offering potentially lucrative avenues that market players are tapping into. Of the various regions, Asia Pacific is prognosticated to rise at the leading CAGR of 13.7% during 2016–2024. The growth is driven mainly by the adoption of smart city infrastructure in the key economies.

The global wireless mesh networks market stood at US$3.9 billion in 2015, with the demand for these networks estimated at 13.3 million units in the same year. The market is projected to touch a valuation of US$8.9 billion by 2024 end. Rising at an impressive CAGR of 9.7% during 2016–2024, the demand is expected to reach a worth of 37.2 million units by the end of the forecast period.

Several Potential Advantages over Wired Networks account for Attractively Rising Demand

The drive for wireless mesh networks stems from the rising need for a reliable, decentralized, cost-effective and easy-to-configure networking infrastructure. Several potential advantages of these mesh networks account for their attractiveness across businesses in end-use industries. The lower power requirement, heightened data security, dynamic configuring of routes, and less cost of covering large areas, and the striking adaptability are some of the key advantages bolstering their adoption.

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The growing focus on worker safety regulations provides a significant underpinning to the adoption of wireless mesh network. The substantial need for wireless connectivity in public places as key enabler for safety and emergency response systems is accentuating the demand. Moreover, the demand for highly reliable, expandable, and high-throughput network connectivity for large geographical areas is bolstering the demand for wireless mesh networks. Furthermore, the adoption of wireless mesh networks to provide near line of sight network configurations is accentuating the growth of the market.

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