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Driving Wireless Mesh Network Market Growth in 2025: The Role of Smart Connected Devices Driving Growth In Wireless Mesh Networks Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Wireless Mesh Network Market Size By 2025?
In recent times, the market size for the wireless mesh network has seen a significant increase. The market is projected to expand from a standing worth of $9.08 billion in 2024 to a valuation of $10.02 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.3%. Multiple factors contributed to this growth during the historic period, such as robust economic development in budding markets, expanding internet and digital proliferation, the surge in smart city initiatives, and increased funding from both public and private bodies.
How Big Is the Wireless Mesh Network Market Size Expected to Grow by 2029?
The market size of the wireless mesh network is poised to experience significant expansion over the upcoming years, with projections placing its value at $16.66 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 13.6%. The expected growth within the forecasted period is attributed to factors such as governmental support, worldwide population increase and urban expansion, escalating demand for intelligently connected devices and a rising requirement for industrial automation. Key trends identified within this period include governmental backing, global population surge and urbanization, a growing need for smart connected gadgets and an increased call for industrial automation.
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Which Key Market Drivers Powering Wireless Mesh Network Market Expansion and Growth?
The rise in the use of smart connected devices is anticipated to fuel the need for the wireless mesh networks (WMN) market in the future. Devices that are linked through various wireless protocols such as Bluetooth, wi-fi, etc., are known as smart-connected devices. These devices use wireless mesh networks to be integrated into the network. Consequently, a rise in the number of smart connected devices will necessitate the demand for wireless mesh networks. In May 2022, for instance, IoT Analytics GmbH, a company based in Germany that specializes in IoT data analysis, predicted that the worldwide IoT-connected devices would rise by 18% to 14.4 billion in 2023. In addition, it is projected that by 2025, there would be 27 billion connected IoT devices. As a result, the growing use of smart connected devices will heighten the demand in the wireless mesh networks market.
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Which Fast-Growing Trends Are Poised to Disrupt the Wireless Mesh Network Market?
The advent of technological innovations is a notable trend garnering traction in the wireless mesh network market. Mainstream businesses active in this market are endeavoring to create new tech-driven solutions to solidify their foothold. For instance, Wyld Networks, a firm based in Sweden that facilitates affordable IoT (Internet of Things) connectivity world over, rolled out Wyld Mesh and Fusion in July 2022. This new platform is a wireless mesh networking technology and mobile content delivery system that boasts advanced data analytics and geolocation features, enabling the delivery of the needed content to the correct people and locations at the appropriate time via branded mobile apps.
What Are the Emerging Segments in the Wireless Mesh Network Market?
The wireless mesh network market covered in this report is segmented -
1) By Radio Frequency: Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, 5 GHz Band And Above
2) By Mesh Design: Infrastructure Wireless Mesh, AD-HOC Mesh
3) By Component: Product, Service
4) By Application: Home Networking, Video Surveillance, Disaster Management And Rescue Operations, Medical Device Connectivity, Traffic Management
5) By End Use : Education, Government, Healthcare, Hospitality, Mining, Oil And Gas, Transportation And Logistics, Smart Infrastructure, Other End Uses
Subsegments:
1) By Sub 1 GHz Band: 900 MHz Band, 868 MHz Band
2) By 2.4 GHz Band: IEEE 802.11b/g/n Standards, Bluetooth Technologies
3) By 4.9 GHz Band: Public Safety Communications, Specialized Applications
4) By 5 GHz Band And Above: IEEE 802.11a/n/ac/ax Standards, Unlicensed Bands
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Who Are the Global Leaders in the Wireless Mesh Network Market?
Major companies operating in the wireless mesh network market include Telefonaktiebolaget LM Ericsson, Hewlett Packard Enterprise Company, Cisco Systems Inc., Zebra Technologies Corporation, Hitachi, Ltd.,Qualcomm Incorporated, Qorvo Inc., Netgear Inc., Digi International Inc., Beijing Hanhua Hi-Tech Co., Ltd., iFly Communications, After Thinking Technology Co., Ltd., Xian Network Technology Co., Ltd., Morningcore Holding Co., Ltd, ZTE Corporation, Singtel Group, Linksys, Lyntia Networks, GlobalConnect, Nokia Corporation, Wyld Networks, Golden Telecom, 5GASP, Mesh Network Services SRL, Rajant, Helix Mesh Rider Radio, Blu Wireless, BlueNRG-Mesh, Grandstream, D-Link, Redline Communications, Kontron Canada, Strix Systems, Aruba Networks, Firetide Inc, Ruckus Wireless Inc., L5 Networks, Padtec, Radioenge, Ubiquiti Dubai, Prologix LLC, LWCOM, Village Telco, Satinlink Technologies, Kinetic Mesh
Which are the Top Profitable Regional Markets for the Wireless Mesh Network Industry?
North America was the largest region in the wireless mesh network market in 2024. The regions covered in the wireless mesh network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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