Wireless Mesh Network Market Share, COVID – 19 Price, Demand Analysis and Growth Opportunities to 2027
Market Scenario:
The Wireless Mesh Network Market Share to touch USD 8.50 billion at a 7.3% CAGR between 2019- 2025, states the recent Market Research Future (MRFR) analysis.
A Wireless Mesh Network Market Share WNM, simply put, is a mesh network that is made through the connection of wireless access points that are mounted at a network location of every user. Every network user is needed to forward the data to the succeeding node.
The global wireless mesh network market is growing pervasively. Market growth attributes to the growing need for intelligent transport systems and increasing demand for a robust & stable network at the workplace. Due to the recent COVID 19 crises, innovative MESH WiFi Coverage has become incredibly important to facilitate e-learning, streaming, and more throughout the day as everyone is working from home.
Moreover, the ongoing benefits of mesh technology in extending a home's WiFi footprint for the new demands of internet access throughout the home escalate market growth. According to Market Research Future (MRFR), the global wireless mesh network market is expected to reach approximately USD 8.50 BN by 2025, growing at 7.3% CAGR during the forecast period (2019–2025). Rising traffic congestion issues are one of the paramount concerns in all major cities globally.
To counter this issue, city governments deploy intelligent transportation systems (ITS), providing real-time data to avoid collisions and accidents. Additionally, various enterprises across industry verticals, such as government, manufacturing, and healthcare, boost market growth, creating a substantial demand for robust and stable networks for a smooth workflow.
Furthermore, increasing demand for cost-competitive and low power consumption network technology and wireless mesh networks from various end users fosters market size. On the other hand, data security and privacy concerns are major factors projected to impede market growth. Nevertheless, increasing numbers of IoT/M2M applications and the rising need for long-range connectivity would support market growth during the estimated period.
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Eminent players profiled in the global wireless mesh network market report include Veniam (US), Fluidmesh Networks LLC (US), Filament (US), Firetide, Inc. (the US), Strix Systems (India), Cambium Networks, Ltd.(US), Rajant Corporation (US), Synapse Wireless (US), Wirepas Ltd (Finland), Hewlett Packard Enterprise Development LP (US), Qorvo, Inc. (the US), Ruckus Networks (US), ABB (Switzerland), Qualcomm Technologies, Inc. (the US), Cisco Systems, Inc. (the US), and others.
Segmentation:
The MRFR report highlights an inclusive segmental analysis of the global wireless mesh network market based on application, end user, component, mesh design, and radio frequency.
By radio frequency, the global wireless mesh network market is segmented into sub 1 GHz, 2.4 GHz, 4.9 GHz, and others. Of these, the 2.4 GHz segment will lead the market over the forecast period.
Based on mesh design, the wireless mesh network market is segmented into AD-HOC mesh and infrastructure wireless mesh. Of these, the infrastructure wireless mesh will dominate the market over the forecast period.
By components, the global wireless mesh network market is segmented into platforms, physical appliances, and services. Of these, physical appliances will have a major share in the market over the forecast period.
By end user, the global wireless mesh network market is segmented into healthcare, mining, education, oil and gas, smart warehouses, smart cities, hospitality, transportation and logistics, government, and others.
By application, the global wireless mesh network market is segmented into video streaming and surveillance, smart mobility, telecommunication, smart building and home automation, disaster management and public safety, border security (GPS tracking), and smart manufacturing (asset tracking, workforce, predictive maintenance, logistics and supply chain management, and other smart manufacturing applications).
Regional Analysis:
North America dominates the global wireless mesh network market. The largest market share attributes to the presence of early adopters of the latest technology in this region. The region is a hub for many enterprises and early adopters of innovative technology, offering a favorable platform for the wireless mesh network to evolve significantly. Besides, the region perceives a higher growth in technology advancements, manufacturing processes, and industrial infrastructure.
Emerging advanced technologies, such as SaaS (Software as a Service), network analytics, cloud networking, and IoT, enable users to adopt wireless mesh networking technologies to establish a robust and cost-effective network. Moreover, the presence of several major market players, rising mobile workforces, and a spurting demand for high-speed data services are major tailwinds driving the growth of the regional market.
Europe stands second in the global wireless mesh network market. Market growth is driven by technological advances and the proliferation of intelligent connected devices across the industrial sectors in the region. Additionally, the presence of a well-established infrastructure fosters market growth, allowing faster implementation of advanced technologies.
Besides, the market proliferation of mobile devices, wide adoption of cloud-based solutions among SME & large enterprises, and developments in the IT sector are some of the major factors fostering the growth of the regional market. The European wireless mesh network market is expected to reach the highest CAGR during the forecast period.
The Asia Pacific region also holds a considerable share in the global wireless mesh network market. Factors such as the developed network infrastructure and early adopters of the latest technologies in the region substantiate market growth. Furthermore, R&D increased investments by developing countries such as China and India is another factor propelling the growth of the market.
Moreover, increasing opportunities in developing countries inclined toward automation and increasing adoption of cloud technology & services boost the regional market growth. Additionally, the increasing numbers of prominent players in this market drive the market growth, continually innovating, and presenting cost-effective secured low power wireless mesh network solutions.
Industry News
The global Wireless Mesh Network Market Trends has been affected due to the lockdown across the regions. This pandemic situation has hampered the Wireless Mesh Network Market Growth as well as its productivity, supply chain, and others. Moreover, the global market has lost its investors due to the increasing loss for the products, supply, transportation, workforce, and others. However, in the meantime, the key market players have implied various strategic techniques to boost global market growth. Thus, to meet the global market demands, the global market increased its speed in producing more valuable products for its intended customers. Recently, the global market has stabilized its position in the global market and is expected to register a higher Wireless Mesh Network Market Size for the forecast period.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/wireless-mesh-network-market-7027
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
Continued….
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