Global Wireless Mesh Network Market

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 News

  • 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.
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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 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. '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'

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.

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.

The 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.

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Global Wireless Mesh Network Market

Report ID: SQMIG45H2051

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