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Wireless Mesh Network Market is Moving Fast! | Major Key Companies are ams AG, Analog Devices, Bosch Sensortec GmbH, First Sensor, Honeywell, NXP Semiconductors, OMEGA Engineering, Panasonic USA, Rockwell Automation, Safran, Sensirion, Siemens, STMicroele

03-23-2020 12:35 PM CET | Media & Telecommunications

Press release from: Global Market Insights, Inc.

Wireless Mesh Network Market is Moving Fast! | Major Key

The wireless mesh network market will also benefit from the commercialization of the 4.9 GHz spectrum, primarily to aid communication for critical infrastructure industries like utilities & energy. On this note, it is expected that the 4.9 GHz frequency segment might register 15% CAGR over the forecast period, creating lucrative growth opportunities for companies in the wireless mesh network market

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Companies covered:
Amphenol Corporation, ams AG, Analog Devices, Inc., Bosch Sensortec GmbH, Figaro Engineering, Inc., First Sensor AG, Honeywell International Inc., Integrated Device Technology, Inc. (Renesas Electronics Corporation), NXP Semiconductors N.V., OMEGA Engineering Inc. (SPECTRIS PLC.), Panasonic Corporation, Rockwell Automation, Inc., Safran Colibrys SA, Sensirion AG, Siemens AG, STMicroelectronics N.V., TE Connectivity, Teledyne Technologies Incorporated, Texas Instruments Incorporated

By architecture, the client-based segment is set to grow at a CAGR of 20% over the analysis period owing to higher level of control facilitated by client-based architecture on wireless networks. Client-based infrastructure is primarily designed to provide only a single point of access to endpoint devices for efficiently routing network traffic, network connectivity, and reducing latency.

Asia Pacific wireless mesh network market is touted to register a CAGR of 20% over 2020-2026 owing to the rapid proliferation of home automation and smart home technologies across the region. Robust bandwidth capacity and low infrastructure costs are the key advantages offered by these networks, which has made them a viable option for supporting residential IoT systems. Mesh networks are also being extensively deployed for smart city services, such as smart gas & utility meters, public Wi-Fi, and smart streetlights which may support business landscape across the region.

Growing demand for faster and reliable data transmission is likely to drive global wireless mesh network market outlook. Wireless mesh technologies are witnessing major uptake in organizations to support high bandwidth requirements of IoT devices. These networks offer high data transmission speeds, as well as maximum network coverage, even in remote areas. Mesh networks offer high network coverage, which enables automation systems and smart devices to operate efficiently.

Mesh Wi-Fi appliances offer scalable deployment without the requirement of cabling each access to the router. This significantly reduces deployment complexities and installation costs and will hence favor wireless mesh technology deployment in the coming years. In terms of revenue, wireless mesh network market is forecast to surpass USD 8 billion by 2026.

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The surging adoption of 4.9 GHz spectrum for public safety-related communications may fuel wireless mesh network market growth. Governments worldwide are allocating a specific spectrum for ensuring public security and safety. For instance, the Federal Communication Commission (FCC) has specifically allocated the 4.94 - 4.99 GHz spectrum to strengthen the security of human life and environment as well as ensuring that all communications related to public safety & security are transmitted over a reliable frequency spectrum.

The wireless mesh network market will also benefit from the commercialization of the 4.9 GHz spectrum, primarily to aid communication for critical infrastructure industries like utilities & energy. On this note, it is expected that the 4.9 GHz frequency segment might register 15% CAGR over the forecast period, creating lucrative growth opportunities for companies in the wireless mesh network market

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