USD 7.63 billion
Wireless Mesh Network Market Size, Share, Growth Analysis, By Component(Physical Appliances, Mesh Platforms, Services), By Service(Deployment, Provisioning, Network Planning, Network Security), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45H2051 |
Region:
Global |
Published Date: April, 2024
Pages:
157
|Tables:
70
|Figures:
75
Wireless Mesh Network Market Insights
Global Wireless Mesh Network Market size was valued at USD 7.63 billion in 2019 and is poised to grow from USD 8.29 billion in 2023 to USD 15.95 billion by 2031, growing at a CAGR of 8.6% in the forecast period (2024-2031).
The Global Wireless Mesh Network is driven by Artificial intelligence, which is largely driven by the expanding internet and telephone connection. The market is also being propelled ahead by growing demand for sophisticated street lighting infrastructure that modulates light intensity for use. The oil and gas, mining, and chemical sectors are all benefiting from the rising usage of wireless mesh networks. The video surveillance segment is the most popular application in the business, and it is expected to remain so in the forecast period of 2022-2027.
US Wireless Mesh Network Market is poised to grow at a sustainable CAGR for the next forcast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Physical Appliances
Fastest Growth
Physical Appliances
Growth Rate
8.6% CAGR
Global Wireless Mesh Network Market 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Wireless Mesh Network Market Segmental Analysis
The Global Wireless Mesh Network Market is segmented based on Component, Service, and Region. Based on the Component, the Wireless Mesh Network Market is segmented as Physical Appliances, Mesh Platforms, and Services. Based on the Services, the global Wireless Mesh Network Market is segmented as Deployment and Provisioning, Network Planning, Network Security, Network Analytics, Support and Maintenance, Network Testing, Network Consulting, and Network Optimization. Based on Region Wireless Mesh Network Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Wireless Mesh Network Market Analysis by Component
Physical appliances, which include mesh routers, switches, access points, and controllers, account for a substantial portion of the industry. Mesh routers are used to replace traditional routers in mesh networks and offer a dynamic policy-based application channel between heterogeneous devices.
Some wireless mesh network vendors provide a platform and technology-based solutions for converting mesh nodes into routers and access points. Every network node serves as both a receiver and a transmitter of data. If a node fails, the connected node searches for a new node to join, lowering the likelihood of the network failing, and boosting the Wireless Mesh Network Market's development.
Wireless Mesh Network Market Analysis by Service
Deployment and Provisioning, Network Planning, Network Security, Network Analytics, Support and Maintenance, Network Testing, Network Consulting, and Network Optimization are the different segments of the market. Increasing demand for smart street lighting infrastructure that controls the density of lights for favorable services and protects civilians from terrorism and assassination with the help of video surveillance, due to an increase in the use of artificial intelligence, which boosts the market growth of the Wireless Mesh Network Market.
Global Wireless Mesh Network Market Share By Type, 2021 (%)
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Wireless Mesh Network Market Regional Insights
The global wireless mesh network market is segmented by region and examines development opportunities and current trends in Europe, North America, Asia Pacific (APAC), South America, and the Middle East and Africa (MEA). The early adoption of new advanced technologies, the desire for the finest wireless mesh local network, and the advent of new breakthroughs such as cloud networking, virtualization, network analytics, IoT, and SaaS enable consumers and companies to embrace this connection to produce premium and durable connectivity, and the presence of well-established and viable financial systems that assist them are among the elements that led to this expansion.
Global Wireless Mesh Network Market By Geography, 2022 - 2028
- Largest
- Fastest
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Wireless Mesh Network Market Dynamics
Wireless Mesh Network Market Driver
Need for efficient data transfer
- The requirement for a stable connection in the office may aid to propel market expansion forward during the forecast period. As a result, the wireless mesh network transfers data in the most efficient and time-efficient manner feasible, improving the overall efficiency of the network's interaction.
Wireless Mesh Network Market Restraint
Cyber threats and exorbitant cost
- Due to data security issues, which are compounded by concerns about personal data privacy, market growth may be limited throughout the forecast period. The exorbitant costs of a wireless mesh network may prove to be a substantial barrier to entry for new rivals.
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Wireless Mesh Network Market Competitive Landscape
The Global Wireless Mesh Network market is highly fragmented, despite the presence of numerous large industry participants. These industry leaders are always producing new and innovative products to fulfill their clients' ever-increasing expectations. In order to improve their market position and recruit new clients, they are also expanding their client base by entering new regions, notably in emerging nations.
Wireless Mesh Network Market Top Player's Company Profiles
- Firetide Inc
- Cisco Systems
- Aruba Networks
- Ruckus Wireless
- Strix Systems
- Cambium Networks
- Rajant Corporation
- Tropos Networks
- Synapse Wireless
- Netgear
- BelAir Networks
- Qorvus Systems
- Fluidmesh Networks
- Concentris Systems
- ABB
- Motorola Solutions
- Hewlett-Packard (HP)
- Nokia Corporation
- Qualcomm Technologies, Inc.
- Aerohive Networks
Wireless Mesh Network Market Recent Developments
- In September 2019, Dubai's Director of Transportation Systems introduced the Tech Cab program, which gives all taxi passengers free Wi-Fi access. Wireless mesh networking is used in the technology to provide network connectivity within the cars, even in remote regions like tunnels and bridges.
- Cisco bought Fluidmesh Networks in April 2020 in order to strengthen its wireless solution for the Industrial Internet of Things (IIoT). As a result, the market share of the wireless mesh network firm will expand.
- The Wurth Elektronik Business teamed with Wirepas, a well-known Finnish software company, in December 2020 to develop various 2.4GHz wireless mesh network components for IoT applications on a large scale.
Wireless Mesh Network Key Market Trends
- Outdoor wireless access takes advantage of the rising popularity of low-cost Wi-Fi clients, opening up new service options and applications that boost user productivity and responsiveness. Customers with limited budgets and resources are likely to use wireless LAN (WLAN) solutions that take full advantage of current tools and network resources to solve simplicity of deployment, expertise, and WLAN security challenges in a cost-effective manner as demand for outside wireless access grows.
- Outdoor wireless solutions, on the other hand, are projected to face challenges in terms of environment, coverage, the total cost of ownership (TCO), and physical device security as compared to indoor wireless systems.
Wireless Mesh Network Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Wireless Mesh Network Market Analysis, the element driving market expansion is smart street lighting infrastructure, which is utilized to increase the connection of mobile phones and portable devices with artificial intelligence, adjust light density for beneficial reasons, and safeguard citizens from assassination and terrorism via video surveillance. In the Wireless Mesh Network Market, there is a growing need for structures. The market is constrained by the enhanced communication opportunities provided by wireless mesh networks in the oil and gas, mining, and chemical industries, as well as the distortions caused by high installation prices. With the advancement of infrastructure and smart cities, the WMN technique is becoming more widely recognized as a viable option.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 7.63 billion |
| Market size value in 2031 | USD 15.95 billion |
| Growth Rate | 8.6% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Wireless Mesh Network Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Wireless Mesh Network Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Wireless Mesh Network Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Wireless Mesh Network Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Wireless Mesh Network Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Wireless Mesh Network Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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