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Wireless Mesh Network Market worth $24.46 billion by 2030, growing at a CAGR of 11.99% - Exclusive Report by 360iResearch
The "Wireless Mesh Network Market by Radio Frequency Band (2.4 GHz, 4.9 GHz, 5 GHz), Architecture (Hybrid Wireless Mesh Networks, Infrastructure Wireless Mesh Networks), Component, Application, End-use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Wireless Mesh Network Market to grow from USD 11.06 billion in 2023 to USD 24.46 billion by 2030, at a CAGR of 11.99%.
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A wireless mesh network (WMN) is a collection of networking hardware, such as Wi-Fi routers, that functions as a single network. WMNs use various connectivity sources throughout homes and businesses instead of a single router. A wireless mesh network, or WMN, is a wireless ad hoc network comprising radio nodes systematized in a mesh topology. Mesh networks often have fewer moving parts, making rerouting easier to foresee and causing less latency in data transfer when all nodes are completely linked. The rising trend of work-from-home and remote working approaches during the COVID-19 pandemic enhanced the need for reliable communication networks, empowering the adoption of wireless mesh networks. However, higher installation costs and maintenance challenges of wireless mesh network platforms can hamper the acceptance of wireless mesh networks. In addition, developing advanced communication technologies, such as 5G communication networks and Wi-Fi 6 technology, is expected to create robust opportunities for expanding wireless mesh networks.
The wireless mesh network market is evolving in the Americas due to established industrial sectors adopting digital services. The ongoing digitalization of various end-use sectors with the development of small and medium enterprises encourages the adoption of wireless mesh networks in the Asia-Pacific and EMEA regions. Moreover, supportive government initiatives, including Digital India, Digital EU, Australia's Digital Economy Strategy, and Digital Strategy for China, are undertaken by governments worldwide for digitalization across various industrial verticals resulting in increased adoption of the wireless mesh network. The increasing government spending on disaster and rescue management increases the demand for wireless mesh networks in the EMEA region. As per the European Environment Agency (EEA), in the European Union (EU), from 1980 to 2020, natural disasters affected nearly 50 million people per year. Thus, the adoption of technologically advanced platforms requiring high internet speed and the introduction of next-generation Wi-Fi networking for higher efficiency and less maintenance are expected to increase the adoption of wireless mesh networks by the end-use sectors across the world.
Market Segmentation & Coverage:
This research report categorizes the Wireless Mesh Network Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Radio Frequency Band, market is studied across 2.4 GHz, 4.9 GHz, 5 GHz, and Sub GHz. The Sub GHz is projected to witness significant market share during forecast period.
Based on Architecture, market is studied across Hybrid Wireless Mesh Networks and Infrastructure Wireless Mesh Networks. The Infrastructure Wireless Mesh Networks is projected to witness significant market share during forecast period.
Based on Component, market is studied across Mesh Platforms, Physical Appliances, and Services. The Services is projected to witness significant market share during forecast period.
Based on Application, market is studied across Disaster & Rescue Management, Home Networking, Medical Device Connectivity, Traffic Management, and Video Surveillance. The Traffic Management is projected to witness significant market share during forecast period.
Based on End-use, market is studied across Education, Government, Healthcare, Hospitality, Mining, Oil & Gas, Smart Cities & Warehouses, and Transportation & Logistics. The Government is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Wireless Mesh Network Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Wireless Mesh Network Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Wireless Mesh Network Market, highlighting leading vendors and their innovative profiles. These include ABB Limited, Analog Devices, Inc., Anixter Inc., Aruba by Hewlett Packard Enterprise Development LP, ASUSTek Computer Inc., Broadcom Inc., Cambium Networks, Ltd., Cisco Systems, Inc., CommScope, Inc., Concentris Systems LLC, Dewesoft d.o.o., Fujikura Ltd., General Dynamics Mission Systems, Inc., Hitachi, Ltd., Meshdynamics, Meshmerize GmbH, Microsoft Corporation, Motorola Solutions, Inc., Mouser Electronics, Inc., Netgear, Inc., Qorvo, Inc., Qorvus Systems, Inc, Qualcomm Technologies, Inc., Rajant Corporation, Semiconductor Components Industries, LLC, Silvus Technologies, Inc., Strix Systems, Inc., Synapse Wireless, Inc., TP-Link Technologies Co., Ltd., UNICOM Systems, Inc., Wipro Limited, Wirepas Ltd., and Zebra Technologies Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Wireless Mesh Network Market, by Radio Frequency Band
7. Wireless Mesh Network Market, by Architecture
8. Wireless Mesh Network Market, by Component
9. Wireless Mesh Network Market, by Application
10. Wireless Mesh Network Market, by End-use
11. Americas Wireless Mesh Network Market
12. Asia-Pacific Wireless Mesh Network Market
13. Europe, Middle East & Africa Wireless Mesh Network Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Wireless Mesh Network Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Wireless Mesh Network Market?
3. What is the competitive strategic window for opportunities in the Wireless Mesh Network Market?
4. What are the technology trends and regulatory frameworks in the Wireless Mesh Network Market?
5. What is the market share of the leading vendors in the Wireless Mesh Network Market?
6. What modes and strategic moves are considered suitable for entering the Wireless Mesh Network Market?
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