What Has Driven the Growth of the Wireless Mesh Network Market in Recent Years?
The wireless mesh network market has seen considerable growth due to a variety of factors.
• The market size of the wireless mesh network has seen a swift expansion in the past few years. The market is projected to surge from a worth of $9.08 billion in 2024 to $10.02 billion in 2025, experiencing a compound annual growth rate (CAGR) of 10.3%.
The notable growth in the historical period can be credited to robust economic expansion in emerging markets, a rise in internet and digital penetration, increased development of smart cities, and larger funding from both public and private organizations.
What Can Be Expected from the Wireless Mesh Network Market in the Coming Years?
The wireless mesh network market is expected to maintain its strong growth trajectory in upcoming years.
• The market size of the wireless mesh network is projected to experience swift expansion in the coming years, reaching $16.66 billion by 2029 with a compound annual growth rate (CAGR) of 13.6%.
The predicted growth in the forecast period is owing to factors such as government backing, worldwide population increase and urbanization, surging demand for smart interconnected devices and enhanced demand for industrial automation. The primary trends anticipated in the forecast period align with government support, worldwide population expansion and urbanization, escalating demand for smart connected gadgets, and a growing need for industrial automation.
What Are The Essential Drivers Behind The Growth Of The Wireless Mesh Network Market?
The wireless mesh networks (WMN) market is anticipated to experience an upsurge in demand due to the proliferating acceptance of smart connected devices. These devices are interconnected via diverse wireless protocols including Bluetooth, wi-fi, among others. They utilize wireless mesh networks to establish connections to the network of enabled devices, which means an increase in smart connected devices will spur demand for wireless mesh networks. For example, IoT Analytics GmbH, a company based in Germany specializing in IoT data analysis, projected in May 2022 that the worldwide IoT-connected devices should grow by 18% to 14.4 billion in 2023 and is predicted to hit 27 billion connected IoT devices by 2025. Hence, the escalating adoption of smart connected devices will propagate the demand for the wireless mesh networks market.
How Is the Wireless Mesh Network Market segmented?
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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What New Trends Are Influencing the Wireless Mesh Network Market?
The rise of technological innovations is a significant trend that's gaining traction in the wireless mesh network market. Prominent organizations in the industry are concentrating on the creation of novel technological resolutions to bolster their standing. For example, in July 2022, Wyld Networks, a firm based in Sweden that allows inexpensive IoT (Internet of Things) connectivity across the world, introduced Wyld Mesh and Fusion - a fresh mobile content delivery platform and wireless mesh networking technology. This platform utilizes sophisticated data analytics and geolocation features to supply necessary content to the relevant people and locations at the appropriate time via branded mobile apps.
Who Are the Key Players 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
What Is The Most Dominant Region In The Wireless Mesh Network Market?
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.
