Press release
Wireless Mesh Network Market Report 2023 : Comprehensive Research Study By Key Players: Aruba Networks, BelAir Network Inc., Cisco Systems Inc., Firetide Inc., Rajant Corp.
Wireless Mesh Network Market Growth
The Business Research Company's Wireless Mesh Network Global Market Report 2023 identifies increasing adoption of smart connected devices as the major driver for the Wireless Mesh Network market's growth in the forecast period. Smart-connected devices are devices that are connected through different wireless protocols such as Bluetooth, wi-fi, and others. wireless mesh networks are used in smart connected devices to connect enabled devices to the network. Hence, increasing smart connected devices will create the demand for wireless mesh network. For instance, in May 2022, according to IoT Analytics GmbH, a Germany-based provider of IoT data analysis, the global IoT-connected devices are expected to increase by 18% to 14.4 billion in 2023.
The global wireless mesh network market size is expected to grow from $7.41 billion in 2022 to $8.30 billion in 2023 at a compound annual growth rate (CAGR) of 12%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wireless mesh network market size is expected to reach $12.78 billion in 2027 at a CAGR of 11.4%.
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Major competitors in the Wireless Mesh Network market are Aruba Networks, BelAir Network Inc., Cisco Systems Inc., Firetide Inc., Rajant Corp., Strix Wireless Systems Private Ltd., Zebra Technologies Corporation, Ruckus Wireless Inc., Tropos Networks Inc., Google LLC, Netgear Inc., Qualcomm Inc., TP-Link Technologies Co Ltd., Digi International Inc., and Qorvo Inc.
A key trend in the Wireless Mesh Network market includes technological advancement. Major companies operating in the wireless mesh network market are focused on developing new technological solutions to strengthen their position. For instance, in July 2022, Wyld Networks, a Sweden-based company enabling affordable IoT (Internet of Things) connectivity globally, launched Wyld Mesh and Fusion, a new mobile content delivery platform and wireless mesh networking technology.
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The Wireless Mesh Network market is segmented -
By Radio Frequency: Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, 5 GHz Band
By Mesh Design: Infrastructure Wireless Mesh, AD-HOC Mesh
By Component: Product, Service
By Application: Home Networking, Video Surveillance, Disaster Management And Rescue Operations, Medical Device Connectivity, Traffic Management
By End-Use: Education, Government, Healthcare, Hospitality, Mining, Oil And Gas, Transportation And Logistics, Smart Cities And Smart Warehouses
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Wireless Mesh Network market.
The Business Research Company's "Global Wireless Mesh Network Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wireless Mesh Network Market Include:
1. Executive Summary
2. Wireless Mesh Network Market Characteristics
3. Wireless Mesh Network Market Trends And Strategies
4. Wireless Mesh Network Market - Macro Economic Scenario
5. Wireless Mesh Network Market Size And Growth
……
26. Africa Wireless Mesh Network Market
27. Wireless Mesh Network Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wireless Mesh Network Market
29. Wireless Mesh Network Market Future Outlook and Potential Analysis
30. Appendix
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