Press release
Wireless Mesh Networking Market is expected to reach a value of USD 9.09 billion by 2023 at a CAGR of 11.7%, over the forecast period (2018 - 2023)| Dominant Players - MOTOROLA SOLUTIONS INC., ABB, BELAIR NETWORKS (NAS WIRELESS LLC), CISCO SYSTEMS, STRIX
Market Analysis:North America Dominates the Market
The United States continues to remain the single largest market for wireless mesh networks. High levels of adoption for security surveillance and greater demand for mission-critical applications has contributed to the growth of the market in North America.
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Wireless mesh networks are fast and are a preferred way to deliver video, voice, and data in various environments. Today, many municipalities, port authorities, public safety agencies, and industrial organizations are leveraging mesh networks to provide reliable connectivity to their workers. Mesh networking is one of the cost-effective methods for extending wireless coverage more broadly into end-user markets and businesses. Mesh networks also hold the advantage of auto-configuration and self-organization capability. They have the ability to increase coverage, capacity, and availability by just deploying more WAPs without disturbing other nodes, making them easy to expand. Video surveillance is the largest verticals for the market. Whereas, Infrastructure wireless mesh networks is expected to have highest market share during the forecast period.
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Market Segments:
Wireless Mesh Networking Market is segmented by:
1. Architecture: Infrastructure Wireless Mesh Networks, Hybrid Wireless Mesh Networks, Client Wireless Mesh Networks
2. Application: Home Networking, Video surveillance, Disaster & Rescue Management, Medical Device Connectivity, (Industrial) Mission Critical Applications
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa
Key Developments in the Market:
• January 2018: Qualcomm expands mesh networking for smart homes with Cortana and Alexa integration. This came after Qualcomm launched mesh networking platform for the Internet of Things communication in May 2017. driven experiences with smarthome devices from speakers to smoke detectors.
• January 2018: Asus announced AiMesh networking technology for routers. AiMesh technology is expected to allow customers to create mesh networks or nodes throughout the home network that helps evenly and efficiently spread Wi-Fi throughout the home.
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