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Global Wireless Mesh Network Market to Grow at a CAGR of 12.5% between 2022 and 2027.

According to a new report by EMR titled, 'Global Wireless Mesh Network Market Report and Forecast 2022-2027', the global wireless mesh network market size was valued at USD 5 billion in 2020. The market is further expected to grow at a CAGR of 12.5% in the forecast period of 2022-2027 to reach USD 10.1 billion by 2026.

The global wireless mesh network is being driven by the increasing use of Artificial Intelligence (AI) and Internet-of-Things (IoT) technologies in several industries. North America is predicted to be the leading regional market for wireless mesh networks in the forecast period. The region is driven by a large number of Wi-Fi/WLAN networks. Mesh routers are the latest technology advancement for home Wi-Fi networks. North America is witnessing an exceptional adoption of wireless mesh network technologies. The region has well-established economies, enabling it to strongly invest in research and development (R&D) activities, further developing new and cost-effective technologies. The Asia Pacific region is expected to have the highest growth in the forecast period due to its dynamic adoption of new technologies.

Cisco Systems, Inc. (CSCO: NASDAQ) and Rajant Corporation are some of the key players in the global wireless network industry. In November 2020, Rajant Corporation, an exclusive provider of kinetic mesh wireless networks, launched its latest pocket-sized and lightest DX2 Breadcrumb. The product is the smallest and lightest BreadCrumb, which forms a mesh network when used with its LX5, ME4, and ES1 models on Rajant’s propriety InstaMesh protocol. The nominal payload, along with its pocket-sized footprint, makes it ideal for robotics and mobility operations as well as data transmission and high bandwidth communication. Such developments in the industry are expected to drive the growth of the market in the coming years.

Market Analysis by Radio Frequency, Application, Architecture, End Use, and Region:

  • The wireless mesh network market is divided based on radio frequency into Sub 1 GHz Band, 2.4 GHz Band, 4.9 GHz Band, and 5 GHz Band.
  • On the basis of application, the market is divided into home networking, video surveillance, disaster management and rescue operations, medical device connectivity, and traffic management.
  • The market is divided on the basis of architecture into infrastructure, hybrid, and client.
  • On the basis of end-use, the market is divided into education, government, healthcare, hospitality, mining, oil and gas, transportation and logistics, and smart cities and smart warehouses, among others.
  • Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of The Report:

  • The global wireless mesh network market is driven by the rising penetration of internet services and telephone connectivity owing to the emergence of artificial intelligence.
  • The rising support for smart street lighting infrastructure, which monitors the intensity of light for usage, is also aiding the market growth.
  • The growing communication facilities in several sectors, such as oil and gas, chemical, and mining through the wireless mesh networks are enhancing the global wireless mesh network industry.
  • Due to the growing video surveillance segment, the application sector of the industry is increasing; as a result, promoting the industry growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global wireless mesh network market for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the radio frequency, application, architecture, end use, and regional markets of wireless mesh network.
  • It analyses the market dynamics, by looking into the key demand and price indicators of the market and assessing the market based on the SWOT and Porter’s Five Forces models.

Cisco Systems, Inc., Rajant Corporation, Concentris Systems LLC, Hitachi ABB Power Grids Ltd., and Cambium Networks, Ltd., among others, are the key players in the global wireless mesh network market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

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