Home/Analysis/Global Wireless Mesh Network Market â€“ Industry Opportunities and Upcoming Trends
Global Wireless Mesh Network Market â€“ Industry Opportunities and Upcoming Trends
Posted On: Nov 2023
A wireless mesh network is a facility to communicate with the other networks by forming a mesh of access point or node to determine a signal path. These networks vary from conventional wireless local area network (WLAN) by having equipment that acts as the access point for information-flow. It also offers a high-speed internet connection and ubiquitous internet access with high- deployment rate. Growing adoption of Wi-Fi and wireless broadband and surging demand for the mobile phone with internet access along with rising preference for home LANs are key market drivers, which are anticipated to fuel demand for the wireless mesh network market under the study period.
Over the past few years, wireless mesh network has emerged as a next generation wireless technology and is expected to further grow significantly in the near future. Several network operators have adopted this network to perform a wide range of applications such as home networking, community networking video supervision, medical device connectivity and various functions, which was not possible with the help of traditional wireless facility. The emergence of the wireless mesh network as a cost-effective solution for the enhancement of wireless communications across several industry verticals along with its easy & fast deployment facility are likely to augment market growth in the forthcoming years. However, Growing LTE and 3G networks and their rising demand can restrict the growth of wireless mesh network market over the coming years. The rapid adoption of the wireless mesh network for public safety has become critical in several industries and can have a positive impact on the market penetration for this network.
The global wireless mesh network market has been segmented based on radio frequency band into Sub 1 GHz Band, 4 GHz Band, 9 GHz Band, and 5 GHz Band. The wireless mesh network market has been further segmented based on applications into hospitality, government, logistics, mining, education, health care, and others. Mining is a leading application segment and is projected to witness a substantial growth over the forecast period owing to the growing adoption of the wireless mesh network in the mining industries due to the rising implementation of worker safety rules along with the regulations associated with the installation of security applications for the well-being of the staff.
North America is the largest market for wireless mesh network and is projected to show a significant growth over the forecast period on account of increasing consumer preference for mesh network due to safety & security concerns across various industry verticals. Additionally, growing acceptance of Internet of Things (IoT) in order to have better connectivity & fast data sharing has also boosted the usage of the wireless mesh network in the region. Asia Pacific is a fastest growing wireless mesh network market and is estimated to grow at the highest CAGR over the coming years due to rising number of smart city projects initiatives to offer a safe & communication infrastructure to the societies.
The dominant players of the Wireless Mesh Network market include Cisco Systems Inc., Rajant Corporation, Cambium Networks, SCAN RF Projects (Pty) Ltd, Concentris Systems LLC, ABB (Tropos Networks Inc.), Zebra Technologies, Firetide Inc., Synapse Wireless Inc., Fluidmesh Networks LLC, Aruba Networks Inc., Qorvus Systems Inc., P2 Wireless Technologies, and General Dynamics Mission Systems, Inc.
In July 2014, Samsung, Nest, ARM and four other organizations have together launched a new wireless mesh network for the smart home.
In 2016, Tridium has launched a new wireless mesh network, the Z-wave driver & JACE card to expand its market penetration.
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