Wireless Mesh Networks Market Value to Surpass USD 12.8 Billion in 2031

According to the report, the global wireless mesh networks industry is estimated to generate $5.2 billion in 2021 and $12.8 billion by 2031, witnessing a CAGR of 9.8% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.

The growing trend of work-from-home and remote working policies, surge in need to increase efficiency of companies, the rise in demand for better business communication among large organizations, the growing scale of operations of large enterprises, and the increasing industry 4.0 trends in business organizations drive the growth of the global wireless mesh networks market. However, higher installation costs and maintenance challenges of wireless mesh network platforms are likely to hinder the global market growth. On the other hand, the development of advanced communication technologies, such as 5G communication networks and Wi-Fi 6 technology will present new growth opportunities for the global market in the coming years.

Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/32070

The commercial segment to dominate the market in terms of revenue during the forecast period

Based on application area, the commercial segment contributed to the largest share of more than four-fifths of the global wireless mesh networks market in 2021, and is expected to rule the roost during the forecast period. Moreover, the same segment is projected to witness the fastest CAGR of 10.36% from 2022 to 2031. The growth of the commercial segment is attributed to the growing automation and digitization trends in modern industries.

The solutions segment to dominate in terms of revenue during the forecast period

Based on component, the solutions segment held the largest share of more than two-thirds of the global wireless mesh networks market in 2021, and is expected to maintain a prominent growth during the forecast period. Moreover, the same segment is expected to exhibit the highest CAGR of 10.72% in 2031. This is owing to the growing demand for wireless networking solutions.

For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/32070

The ad-hoc mesh segment to dominate in terms of revenue during the forecast period

Based on type, the infrastructure wireless mesh segment held the largest share of more than half of the global wireless mesh networks market in 2021, owing to the higher degree of security offered by infrastructure mesh networking solutions. However, the ad-hoc mesh segment is expected to maintain a prominent growth and exhibit the highest CAGR of 11.6% during the forecast period, owing to the mobility and customization offered by ad-hoc mesh solutions.

The large enterprise segment to dominate in terms of revenue during the forecast period

Based on enterprise size, the large enterprise segment held the largest share of more than three-fourths of the global wireless mesh networks market in 2021, and is expected to maintain a prominent growth during the forecast period. However, SMEs segment is likely to show the highest CAGR of 11.16% during the forecast period, owing to the growing innovations in SMEs.

If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/32070

Asia-Pacific to garner the highest revenue by 2031

Based on region, the market in Asia-Pacific was the largest in 2021, accounting for nearly half of the global wireless mesh networks market, and is likely to maintain its dominance during the forecast timeframe. This is owing to the high concentration of specialized network equipment manufacturers in the region. However, the LAMEA segment would show the fastest CAGR of 10.83% during the forecast period, due to the ongoing digital transformation of the region.

Leading Market Players
• Aruba Networks
• ABB Ltd.
• Qualcomm Incorporated
• Cisco Systems, Inc.
• Qorvo, Inc.
• Synapse Wireless
• Wirepas Ltd.
• Rajant Corporation
• Cambium Networks
• Sitrix Systems

Access Full Summary at: https://www.alliedmarketresearch.com/wireless-mess-networks-market-A31620

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.

This release was published on openPR.