Press release
Wireless Mesh Network is Heading with Proliferating WiFi Access Points | Key Players are Qualcomm Technologies, Inc. (US), Cisco Systems, Inc. (US), ABB (Switzerland), Qorvo, Inc. (US), Ruckus Networks (US) and Hewlett Packard Enterprise Development LP (U
Wireless Mesh Network Market Research Report- Forecast till 2025Market Highlights
The global wireless mesh network market is growing pervasively. Market growth attributes to the growing need for intelligent transport systems and increasing demand for a robust & stable network at the workplace. Due to the recent COVID 19 crises, innovative MESH WiFi Coverage has become incredibly important to facilitate e-learning, streaming, and more throughout the day as everyone is working from home.
Moreover, the ongoing benefits of mesh technology in extending a home's WiFi footprint for the new demands of internet access throughout the home escalate market growth. According to Market Research Future (MRFR), the global wireless mesh network market is expected to reach approximately USD 8.50 BN by 2025, growing at 7.3% CAGR during the forecast period (2019–2025). Rising traffic congestion issues are one of the paramount concerns in all major cities globally.
To counter this issue, city governments deploy intelligent transportation systems (ITS), providing real-time data to avoid collisions and accidents. Additionally, various enterprises across industry verticals, such as government, manufacturing, and healthcare, boost market growth, creating a substantial demand for robust and stable networks for a smooth workflow.
Furthermore, increasing demand for cost-competitive and low power consumption network technology and wireless mesh networks from various end users fosters market size. On the other hand, data security and privacy concerns are major factors projected to impede market growth. Nevertheless, increasing numbers of IoT/M2M applications and the rising need for long-range connectivity would support market growth during the estimated period.
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Segmentation:
The report is segmented into six dynamics;
By Component : Mesh Platforms, Services, and Physical Appliances.
By Radio Frequency: 5 GHz band, 4.9 GHz band, 2.4 GHz band, and Sub 1 GHz band.
By Mesh Design : AD-HOC Mesh and Infrastructure Wireless Mesh.
By Application : Disaster Management & Public Safety, Border Security (GPS tracking), Smart Building & Home Automation, Smart Mobility, Telecommunication, Video Streaming & Surveillance, Smart Manufacturing (logistics & supply chain management, predictive maintenance, workforce & asset tracking, and other smart manufacturing applications), and others.
By End User : Education, Government (public safety), Transportation & Logistics, Mining, Hospitality, Healthcare, Smart Cities & Smart Warehouse, Oil & Gas, and other end users.
By Regions : Europe, Americas, APAC, and Rest-of-the-World.
Global Wireless Mesh Network Market - Regional Analysis
North America dominates the global wireless mesh network market. The largest market share attributes to the presence of early adopters of the latest technology in this region. The region is a hub for many enterprises and early adopters of innovative technology, offering a favorable platform for the wireless mesh network to evolve significantly. Besides, the region perceives a higher growth in technology advancements, manufacturing processes, and industrial infrastructure.
Emerging advanced technologies, such as SaaS (Software as a Service), network analytics, cloud networking, and IoT, enable users to adopt wireless mesh networking technologies to establish a robust and cost-effective network. Moreover, the presence of several major market players, rising mobile workforces, and a spurting demand for high-speed data services are major tailwinds driving the growth of the regional market.
Europe stands second in the global wireless mesh network market. Market growth is driven by technological advances and the proliferation of intelligent connected devices across the industrial sectors in the region. Additionally, the presence of a well-established infrastructure fosters market growth, allowing faster implementation of advanced technologies.
Besides, the market proliferation of mobile devices, wide adoption of cloud-based solutions among SME & large enterprises, and developments in the IT sector are some of the major factors fostering the growth of the regional market. The European wireless mesh network market is expected to reach the highest CAGR during the forecast period.
The Asia Pacific region also holds a considerable share in the global wireless mesh network market. Factors such as the developed network infrastructure and early adopters of the latest technologies in the region substantiate market growth. Furthermore, R&D increased investments by developing countries such as China and India is another factor propelling the growth of the market.
Moreover, increasing opportunities in developing countries inclined toward automation and increasing adoption of cloud technology & services boost the regional market growth. Additionally, the increasing numbers of prominent players in this market drive the market growth, continually innovating, and presenting cost-effective secured low power wireless mesh network solutions.
Global Wireless Mesh Network Market - Competitive Analysis
Fiercely competitive, the wireless mesh network market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product & technology launch. They make substantial investments to transform the consumer and business landscape in the future.
Major Players
Players leading the global wireless mesh network market are Cisco Systems, Inc. (US), Qualcomm Technologies, Inc. (US), ABB (Switzerland), Ruckus Networks (US), Qorvo, Inc. (US), Hewlett Packard Enterprise Development LP (US), Wirepas Ltd (Finland), Synapse Wireless (US), Rajant Corporation (US), Cambium Networks, Ltd.(US), Strix Systems (India), Firetide, Inc.(US), Filament (US), Fluidmesh Networks LLC (US), and Veniam (US), among others.
Industry/Innovation/ Related News:
May 27, 2020 ----- D-Link Systems, Inc. (Taiwan), a multinational networking equipment manufacturing company, announced the expansion of its powerful mesh WiFi at home with a new range extender. Fulfilling its promise to provide superior home networking solutions, the connectivity leader announced the availability of its new AC750 Mesh WiFi Range Extender (DAP-1530).
This new extender model synchronizes with D-Link Mesh WiFi Routers to create a single home network that places devices on the best possible WiFi connection. As everyone is working from home nowadays due to COVID 19, this is incredibly important for e-learning, streaming, and more throughout the day.
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Wireless Mesh Network Market Research Report: Information by Component [Mesh Networks, Services (Network Analytics, Network Planning, Network Security, Deployment and Provisioning, Network Testing, Network Optimization, Network Consulting and Support and Maintenance) and Physical Appliances], Radio Frequency (5 GHz Band, 4.9 GHz Band, 2.4 GHz Band and Sub 1 GHz Band), Mesh Design (AD-HOC Mesh and Infrastructure Wireless Mesh), Application [Disaster Management and Public Safety, Border Security (GPS Tracking), Smart Building and Home Automation, Smart Mobility, Telecommunication, Video Streaming and Surveillance, Smart Manufacturing (Logistics and Supply Chain Management, Predictive Maintenance, Workforce and Asset Tracking and Other Smart Manufacturing Applications) and others], End User [Education, Government (Public Safety), Transportation and Logistics, Mining, Hospitality, Healthcare, Smart Cities & Smart Warehouse, Oil & Gas and others] and Region (North America, Europe, Asia Pacific, the Middle East & Africa and South America) - Forecast till 2025
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